News In Brief - July 9, 2020
Cyberattack listed on Instagram star’s chargesheet and U.S. Treasury fines Amazon for sanctions violations.
Long Road Ahead For New EU Payment Scheme
After the grand announcement of the new European Payments Initiative last week, attention now turns …
EU Banks Launch New Payment Scheme
Sixteen major European banks are launching a new EU-wide payment scheme today (July 2) in …
United States: Overview of Follow-Up Process Following Adoption of FATF Mutual Evaluation Report
The Financial Action Task Force (FATF) published its third enhanced follow-up report and technical compliance …
EU Anti-Money Laundering Overhaul Shapes Up With Parliament Support
European Union lawmakers are set to back the bulk of the European Commission’s plans for …
Devil Is In the Detail of European Commission's AML Ambitions
The European Commission’s plans to overhaul Europe’s anti-money laundering (AML) framework could lead to more effective …
Fraud Victims Eye Claims Under UK Payment Regulations
Victims of fraud may be able to seek damages from payment service providers that breach …
Swedish Law on How to Market Payment Methods in E-Commerce
On April 3, 2020, the Swedish government published Act SFS 2020:176 concerning the presentation of …
News In Brief - June 15-June 19
EU payments firms ask again for strong authentication deadline extension, auditors are unable to find …