Malta: FIAU Publishes Guidance Note on Funding of Terrorism Red Flags and Suspicious Activities
On February 7, 2018, the Malta Financial Intelligence Analysis Unit (FIAU) issued a guidance paper …
Nicaragua: New Anti-Money Laundering and Counter-Terrorism Financing Legal Framework
On July 20, 2018, pursuant to the approval of the National Assembly, Law no. 976 …
EBA Releases Reports on Potential Risks and Opportunities from Fintech and Its Impact on Incumbent Business Models
On July 3, 2018, the European Banking Authority (EBA) published two reports — one assessing …
India: RBI Consults on Master Directions on Issuance and Operation of Prepaid Payment Instruments
On March 20, 2017 the Reserve Bank of India (RBI) published for public comment a …
UK: National Crime Agency Issues National Strategic Assessment of Serious and Organised Crime 2017
The National Crime Agency (NCA) has published the National Strategic Assessment of Serious and Organised …
Singapore: Payments Council Establishes QR Code Taskforce and Interoperable Electronic Payments System
On August 29, 2017 the Payments Council announced that it was establishing interoperable electronic payments …
Greece: Law 4446/2016 on Electronic Payments and its Impact on the Greek Payment Community
On December 22, 2016, Greek Law 4446/2016 came into force, introducing, among others, new provisions …
Hong Kong: Monetary Authority Revises Guidance Paper on Transaction Screening, Monitoring and Suspicious Transaction Reporting
On May 10, 2018, the Hong Kong Monetary Authority (HKMA) released a revised version of …
US: Guidance to Issuing Banks on Applying CIP Requirements to Holders of Prepaid Cards
The Federal Deposit Insurance Corporation, the Federal Reserve Board of Governors, the Financial Crimes Enforcement …