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 …
EU Court Advised To Fine Ireland And Romania For 4th AMLD Failings
The EU’s top court has been advised to impose millions of euros in fines on …
FATF Produces Digital Identity Guidance
The Financial Action Task Force (FATF) has issued guidance on the use of digital identity …
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 …
U.S. Lawmakers Targeting Financial Flows To Jam Illegal Trafficking
U.S. lawmakers have said that official efforts to combat trafficking of drugs, humans, wildlife and …
OFAC Sanctions Two Connected To North Korean Crypto Theft
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has this week sanctioned two …
Delay To Australia Cash Ban Proposed As Industry Protests
A proposed limit on cash payments in Australia looks set to go ahead after a …
Lithuanian Regulator Fines Two E-Money Firms
The Lithuanian central bank has continued its record of issuing enforcement actions against e-money providers, …
Central Banks Told To Step Up On Cross-Border Payments
Central banks should play a bigger role in ensuring consumer access to digital payment systems …