Bank Of Lithuania Fines E-Money Firm For Anti-Money Laundering Failures
Lithuania’s financial regulator is maintaining its reputation for tough action against the thriving fintech sector, …
Klarna Hit With Fine Over Compliance Shortcomings
The Swedish Financial Supervisory Authority (FI) has issued a stern reprimand and a penalty of …
Beneficial Ownership Reporting Is Now Voluntary Until Further Notice, Says FinCEN
The US Financial Crimes Enforcement Network (FinCEN) has told firms that they do not currently …
Texas Federal Judge Strikes Down 'Unprecedented' US AML Law
A federal judge in Texas has temporarily blocked the enforcement of an “unprecedented” anti-money laundering …
Canada To Begin Stablecoin Crackdown In 2025 As New Rules Go Live
After two deadline extensions, new stablecoin listing rules are set to go live in Canada …
Australian Banks Join World's First Scams Intelligence-Sharing Network
Five Australian banks have joined the BioCatch Trust Network, a first-of-its-kind pilot for the sharing of …
Daily Dash: BaFin And FIU Issue New Guidance On Suspicious Transaction Reports
Germany’s Federal Financial Supervisory Authority (BaFin) and Financial Intelligence Unit (FIU) have jointly published a guidance …
Nigeria: FIs Must Raise Compliance Game To Exit Grey List In 2025, Says Central Bank
The head of the Central Bank of Nigeria (CBN) has told financial institutions (FIs) that …
Cross-Industry Collaboration Key In Fight Against US Payments Fraud
With fraudsters adopting new technology and changing tactics, multiple sectors need to work together to …