Fresh Mafia Wirecard Links Revealed In Secret Police Report
New connections between collapsed payments firm Wirecard, the Italian mafia and numerous illicit gambling payments have …
COVID-19 Crisis Offers Governments A 'Sandbox' For AML Efforts
One silver lining of the COVID-19 crisis has been the opportunity afforded to governments to …
EU Data Watchdog Takes Issue With Financial Crime Information Sharing
The EU’s data protection watchdog has said privacy rights could be violated if law enforcement …
European Commission Proposes Pan-EU Digital ID
The European Commission has said it wants to create an EU-wide digital identity solution that …
Singapore Tightens Regulation of Home-Grown Crypto Firms
The Monetary Authority of Singapore has opened a consultation on a law which would impose new global …
Lithuania: Right of Electronic Money Institutions and Payment Institutions to Access Bank Accounts Opened with Credit Institutions
On May 28, 2020, the Bank of Lithuania released a position paper concerning the right …
News In Brief - July 16-July 17, 2020
Private bank has been fined nearly €1m in Latvia for AML breaches, while Ireland and Romania …
U.S. Sanctions Three Money Transfer Companies For Financing ISIS
The Terrorist Financing Targeting Center has sanctioned two individuals and four companies who helped the Islamic …
A 'Step Change' In Supervision: The FCA's Crackdown On Payments Comes After Years Of Little Scrutiny
Soon after the UK financial watchdog gave a small payment institution licence to Allied Wallet …