'Gross and Systemic' Breaches See Lithuanian Payment Firm's Licence Revoked
The Bank of Lithuania has stripped a payment provider of its licence and ordered it …
FCA Wants Firms To Show Them The Money For Customer Funds
The UK’s Financial Conduct Authority (FCA) has called attention again to safeguarding of customer funds …
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 …
Commission Issues First Warning Against 5th AMLD Dawdlers
The European Commission has taken its first step to enforce application of new measures to …
UK Regulator Intervenes Against E-Money Firm Over AML Lapses
UK e-money firm ePayments Systems suspended all customer activity on Tuesday after a review by …
Jurisdictional Approaches to Regulating and Supervising VA Activities and VASPs
Following the analysis of the Financial Action Task Force’s (FATF) guidance for a risk-based approach …
Draft German Gambling Law Does Not Leave Payment Blocking To Chance
Payments companies offering services to gambling sites in Germany are set to face further headaches …
Pakistan Invokes Interchange Fee Cap In Digital Payments Drive
Pakistan’s central bank has introduced caps on interchange fees and discounts for merchants amid a …
Regulators Failing On E-Commerce Fraud, Think Tank Says
UK regulatory authorities are underestimating the risk posed by e-commerce fraud despite its significant contribution …