Rising International Tensions Spark Fears Over Regulatory Complexity
Faced by an unpredictable new US administration, rising international political tension and ever-toughening sanctions regimes, …
Weekly News In Brief: March 17, 2017
UK government attempts to reassure fintech firms over Brexit; Iran seeks FATF membership in May …
FinCEN Downgrades Iran Risk Level
Federal financial crime authorities in the U.S. have tentatively softened their stance towards Iran, although …
'Fifth AMLD': Authorities Toughen Stance On High-Risk Countries
The European Commission has proposed to amend EU anti-money laundering laws so that businesses active …
Europe Snubs Iran As US Sanctions Fear Lingers
European payments companies are continuing to avoid Iran despite the easing of international sanctions and …
U.S. Treasury Finds MasterCard Reporting Failure Violated Iran Bank Sanctions
U.S. Treasury officials have rapped MasterCard after the card giant failed to report it had …
Barclays Defends Iran Payment Ban Despite Sanctions Move
Banking giant Barclays has defended its decision to refuse to handle payment transactions from Iran …
UAE Processing Giant ‘In Talks’ With Iran Banks
The largest payments processor in the Middle East and Africa, Network International, is exploring ways …
Financiers Baulk At 'Complexity' Of Iranian Sanctions Relief
Financial services groups are likely to continue avoiding Iran because they are afraid of violating …