Ex-Swedbank CEO Faces Music Over AML Failings
Sweden’s economic crime watchdog is pressing charges against former Swedbank chief executive, Birgitte Bonnesen, as …
De-Risky Business: Consumers Are Being Affected By Application Of AML Rules, Warns Lithuania's Watchdog
Although payment service providers do not abuse de-risking practices, there is room for improvement, Lithuania’s …
'Eyewatering And Staggering!' - NatWest Pay Big Price For Money Laundering Scandal
NatWest has been fined a staggering £264.8m following an anti-money laundering scandal; however, experts are …
FCA Outlines Consumer Duty Plans
The UK’s Financial Conduct Authority (FCA) has put out a new consultation confirming its Consumer …
UK Finance Outlines Open Banking Vision
Governance and voluntary industry initiatives have taken centre stage in a new report on the …
Rabobank To Face AML Action From Dutch Regulator
The Dutch central bank is due to discipline the Netherlands second-largest bank for failure in …
We Don't Want To Be Visa Or Mastercard, EPI Chief Warns
The European Payments Initiative (EPI) will not be easy to fulfil but that does not …
Bafin’s 'Aggressive' Stance Won't Kill Off N26
N26 has had a less than perfect year dealing with Germany’s financial watchdog, yet payments …
EU Finance Ministries Pile On Political Pressure For The EPI
Seven of the EU’s national finance ministries have published a joint statement in support of …