India To Regulate Payment Aggregators Within Weeks
Payment aggregators in India will be required to secure regulatory authorisation, fulfil capital requirements and …
New Requirements for Exchange of VAT Relevant Payment Data
From January 1, 2024, new recordkeeping requirements with regard to certain cross-border payments will require all …
EU Banks Pitch Policies For Anti-Money Laundering Overhaul
The scrapping of anti-money laundering directives in the EU in favour of regulations looks increasingly …
Payment Firms Face New Reporting Requirements Under ECB Plans
The European Central Bank (ECB) is planning to demand more detailed fraud statistics from payment …
Half-Million Dollar Fine For 'Reckless' Risk Officer At U.S. Bank
The U.S. Financial Crimes Enforcement Network (FinCEN) has fined a former chief risk officer $450,000 …
FCA Tipped To Continue Scrutiny Of Payment Sector Safeguarding
A reminder to consumers from the Financial Conduct Authority (FCA) about their protections when using …
NY Bank Didn't Account For Heightened Risk From Crypto Clients, OCC Says
U.S. banking regulators have cited a New York bank for failing to ramp up its …
Gibraltar Flags New Financial Crime Laws After Critical Review
Gibraltar’s government has promised to bring in new legislation after a report by MONEYVAL criticised …
January 2020: Consultations
Check the status of the latest consultations opened and the consultations closing soon.