EU: Anti-Money Laundering Action Plan
On May 7, 2020, the European Commission published a series of measures designed to further …
EPI Provides Real Possibilities But Concerns Remain - MPE Summer Week
Banks have acknowledged that the success of European Payments Initiative (EPI) depends on execution as …
SEPA Request To Pay Rulebook Challenges Open Banking Efforts
The European Payments Council risks creating an unlevel playing field between banks and third-party payments …
EU: Directive on Combating Fraud and Counterfeiting of Non-Cash Means of Payment
The European Council adopted its position on non-cash fraud crimes by implementing Directive (EU) 2019/713 of …
As Lockdown Lifts, MONEYVAL Examines Virus Impact On Financial Crime
Law enforcement faced a variety of coronavirus-tailored cybercrime during the pandemic, even as the shutdown …
Correspondent Banking Decline Slows, But Experts Say Action Still Needed
The decline in cross-border payments has slowed slightly in recent years, but experts expect that …
Digital Identity and e-KYC Guidelines for Arab Countries
The Arab Monetary Fund published “Digital Identity and e-KYC Guidelines for the Arab Countries” on April …
Law Proposal Asks Foreign Payment Firms To Share Data With Indian Government
A proposed data protection regime in India would introduce burdensome measures for payment firms, including …
CBDCs Gathering Pace, New Report Shows
A new report has shown how not all central bank digital currency (CBDC) projects are …