Moorwand Facing Claims It Processed Scam Payments
UK e-money firm Moorwand is facing claims from alleged investment fraud victims that it processed …
Libra Network Structure 'Could Be Key To AML Concerns'
The closed-network structure of Facebook’s Libra cryptocurrency could be enough to allay lawmakers’ concerns about …
U.S. Officials Enlist Financial Sector In Crackdown On Opioid Trafficking
U.S. authorities have issued a new advisory to banks and money transmitters over foreign narcotics …
Russia Pelts Sanctions Curveball At Card Schemes
International card schemes may face new compliance headaches in Russia after laws were passed designed …
Cape Verde: FATF Mutual Evaluation Report – August 2019
On August 9, 2019, the Financial Action Task Force (FATF) released a mutual evaluation report …
Malaysia: Central Bank Consults on Proposed Anti-Money Laundering Requirements and Standards for Money Service Businesses
On August 9, 2019, Bank Negara Malaysia (BNM) issued an exposure draft titled “Anti-Money Laundering …
Luxembourg: Council Approves Draft Law for Transposition of the 5th AMLD
On August 8, 2019, Draft Law 7467/00 transposing certain provisions of the 5th Anti-Money Laundering …
Myanmar: APG First Enhanced Expected Follow-Up Report – August 2019
On August 6, 2019, the Asia/Pacific Group on Money Laundering (APG) published the first enhanced …
Bangladesh: APG Third Follow-Up Report – August 2019
On August 6, 2019, the Asia/Pacific Group on Money Laundering (APG) published the third enhanced …