Facebook Responds To U.S. Senate Questions On Libra
Facebook has responded to demands from the U.S. Senate Banking Committee for answers on the …
Fragmented Supervision Creating Regulatory Arbitrage Risks, EU Authorities Warn
A coalition of European authorities has urged lawmakers to look at harmonising EU supervision across …
Cyprus: Finance Ministerial Council Approves National Strategy for Decentralised Technologies (Blockchain)
On July 4, 2019, the Cypriot Ministry of Finance published the country’s National Strategy for …
Singapore: Monetary Authority Consults on Proposed Payments Services Notices and Guidelines
On July 5, 2019, the Monetary Authority of Singapore (MAS) released a consultation paper on …
Norway: Financial Supervisory Authority Publishes Updated Money Laundering and Terrorist Financing Risk Assessment
On July 5, 2019, the Norwegian Financial Supervisory Authority (Finantilsynet) published an updated version of …
Europe: FATF Publishes Terrorist Financing Risk Assessment Guidance Report
On July 5, 2019, the Financial Action Task Force (FATF) published a report on terrorist …
Netherlands: Ministry of Finance and Ministry of Justice and Security Consult on 5th AMLD Implementation
On December 11, 2018, the Ministry of Finance and the Ministry of Justice and Security …
Bulgaria: Implementation of the 5th Anti-Money Laundering Directive
On July 3, 2019, the Council of Ministers introduced before parliament a bill including amendments …
Santander Fined After Transaction Monitoring System Failure
Santander has been fined nearly €1m by Norwegian authorities for anti-money laundering failings, despite the …