Lithuania Keeps Crown As Destination Of Choice For Payment Firms
Enthusiasm for Lithuania as a destination for payment and e-money firms shows no sign of …
Central Banks Plan Smoothing Of Cross-Border Payments
The Bank for International Settlements (BIS) is launching a new initiative to coordinate global money …
Resolution On Stronger AML Rules Sails Through European Parliament
The European Parliament has overwhelmingly voted in favour of a resolution backing the introduction of …
News In Brief - July 9, 2020
Cyberattack listed on Instagram star’s chargesheet and U.S. Treasury fines Amazon for sanctions violations.
U.S. Agency Highlights COVID-19 Scam Red Flags
The Financial Crimes Enforcement Network (FinCEN) has published an advisory note on imposter scams and …
Liechtenstein Blockchain Act (Token and Trusted Technology Service Provider Act)
On January 1, 2020, the Token and Trusted Technology Service Providers Act (TTTL, but referred …
FATF Recognises Stablecoin Risks
In a paper published this week, the Financial Action Task Force (FATF) reported to the G20 …
Fractured KYC Regulations Create Mobile Money Risk In Africa
Shortcomings in individual ID across Africa is increasing the financial crime risks around mobile money, …
Crypto Has Long Road To Travel To Compliance, FATF Says
The Financial Action Task Force (FATF) has acknowledged that more guidance is needed on the …