Uruguay: Central Bank Presents Pilot Plan to Introduce E-Peso
On November 3, 2017 the Central Bank of Uruguay (BCU) presented a six-month pilot plan …
Ecuador: New Regulations for Cards Come into Force
On December 8, 2016, the Council on Policy, Financial and Monetary Regulation of Ecuador issued …
Colombia: Largest Bank Launches Mobile Payments Via Contactless
Bancolombia, Colombia’s largest bank by assets and shareholders’ equity, last week launched its mobile wallet. …
Venezuela State Virtual Currency ‘A Pipe Dream’, Say Experts
Crisis-stricken Venezuela’s bold ambitions to develop a national digital currency will do little to help …
EU Blacklists ‘Could Drive Caribbean De-Risking’
Caribbean officials are urging the EU to rethink its inclusion of several countries from the …
European Commission Hardens Financial Crime Blacklist
The European Commission has significantly expanded its proposed “blacklist” of high-risk countries for money laundering, …
FinCEN Issues Warning Over Venezuelan Fund Flows
Federal regulators are telling U.S. financial institutions, especially those located in south Florida and Texas, …
FATF Criticism Highlights A Carnival Of Change In Brazil
Despite legislative reforms and major enforcement operations, Brazil’s financial crime frameworks are still the subject …
Parliament Again Rejects Changes To EU Financial Crime Blacklist
EU parliamentarians have again rejected attempts by the European Commission to tweak its anti-money laundering …