Crypto Payments In Switzerland The New Normal
Payments using cryptocurrencies are being normalised by the industry with regulatory support, despite consumers’ reluctance to …
Mixed Review For FCA's Crypto Proposals
The UK’s Financial Conduct Authority (FCA) is consulting on new measures to bring crypto businesses’ reporting …
As Lockdown Lifts, MONEYVAL Examines Virus Impact On Financial Crime
Law enforcement faced a variety of coronavirus-tailored cybercrime during the pandemic, even as the shutdown …
Correspondent Banking Decline Slows, But Experts Say Action Still Needed
The decline in cross-border payments has slowed slightly in recent years, but experts expect that …
U.S. Agency Sues International Cryptocurrency Laundering Schemes
The U.S. Department of Justice has filed a civil forfeiture complaint alleging North Korean actors hacked …
Key Institutions Back European AML Plan
The European Commission has seen strong support for a single rulebook to remedy the discrepancies in …
U.S. Clarifies Due Diligence Requirements for Politically Exposed Persons
A joint statement issued by five U.S. agencies clarifies that due diligence requirements under Bank …
Lithuania Chided For Falling Behind On Crypto Definitions
Lithuania’s failure to keep up to speed with changes in virtual currency guidance has earned it …
Hong Kong Keeps AI On Its Radar
The Hong Kong Monetary Authority has joined a select band of regulators investigating how artificial intelligence …