Wirecard's Demise Leaves Regulators Playing Catch Up
The UK financial watchdog has moved to lock down Wirecard’s handling of client funds amid …
Netherlands Reveals Response To Crypto Registration Drive
Almost 50 cryptocurrency providers have applied for registration in the Netherlands under new anti-money laundering rules, …
UK Regulator Bolsters Safeguarding Rules
The Financial Conduct Authority has unveiled new instructions for how payment services firms should safeguard …
Malta: Application Process for Virtual Financial Asset Service Providers
On January 14, 2020, the Malta Financial Services Authority (MFSA) issued a circular regarding the …
Lithuania Strips Firm Of Payment Licence For 'Serious And Systematic Breaches'
The Bank of Lithuania has revoked the payment licence of Bruc Bond after it found …
Swedbank Post-Mortem Puts Estonia In The Spotlight Again
Staff at Swedbank hid risky but lucrative customers from the bank’s main customer database as …
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 …
Monzo Among Banks Lagging On Fraud Refund Code
Challenger bank Monzo is among some of the UK’s best-known lenders who have still not …
Lithuanian Regulator Strikes SatchelPay Over Accounting Concerns
Lithuania’s central bank has suspended most activities of SatchelPay, an authorised e-money institution, saying it …