EU-Iran Payment Vehicle 'Short On Details' Despite Formal Announcement
European authorities have announced that a new payment system will be established to “facilitate legitimate …
Prospect Of Independent EU Payments System Raises Eyebrows
German and French authorities are planning to build a separate payments channel for companies who …
Evolving Sanction Evasion Techniques Put MSBs In The Spotlight
Legitimate money services businesses (MSBs) are finding themselves drawn into the battle against sanctions evasion, …
FATF Fires Warning Over Iran, Ups Focus On Cryptocurrency
Firms must continue applying enhanced due diligence to transactions linked to Iran, after the Financial …
FATF Identifies Jurisdictions with Strategic Deficiencies
The Financial Action Task Force (FATF) has identified the Democratic People’s Republic of Korea (DPRK) …
FinCEN Advisory on FATF Public Statement
The Financial Crimes Enforcement Network (FinCEN) has published an advisory on the Financial Action Task …
FATF: Outcomes of the February 2018 Plenary
Basel Freshens Up AML Country Rankings
Hungary, Italy and Luxembourg have once again been ranked as the EU’s worst member states …
Parliament Again Rejects Changes To EU Financial Crime Blacklist
EU parliamentarians have again rejected attempts by the European Commission to tweak its anti-money laundering …