Daily Dash: UK Regulator Blocks Payment Services Takeover Due To AML Concerns
The UK’s Financial Conduct Authority has issued a final notice objecting to a proposed acquisition of …
Interview: Bank of Lithuania 'Increasingly Satisfied' With Payments Sector Progress
In an exclusive interview with Vixio, a senior official outlined the Bank of Lithuania’s priorities …
Daily Dash: Hungarian Regulator Fines Key Banks Over AML Compliance Failure
Magyar Nemzeti Bank has imposed financial penalties totalling more than HUF43m (€103,705) on OTP Bank …
Regulatory Influencer: UK Financial Conduct Authority's Second Consultation on Enforcement Proposals
At the end of last year, the UK’s Financial Conduct Authority launched the second phase …
Biden Admin Urges Supreme Court To Reinstate Controversial AML Law
The Biden Administration has filed an 11th-hour appeal to the US Supreme Court in an …
Daily Dash: Bank Of America Hit By Cease And Desist Order Due To Compliance Failures
Bank of America must submit an action plan detailing how it intends to remedy alleged …
Daily Dash: Canada Seeks 40-Fold Increase In AML Penalty Fines
After TD Bank, Canada’s second-largest lender, was hit with a record-breaking money laundering fine in …
Week In Crypto: US Regulators Urge Congress To Pass Federal Stablecoin Legislation
US regulators have called on lawmakers to introduce federal stablecoin legislation, in an effort to …
Daily Dash: International Operation Catches Scammers
An international operation supported by EU agencies Europol and Eurojust has dismantled a “phone phishing” …