U.S. Sanctions Enforcers Extend Reach Further Than Ever As UK Bank Fined
A UK bank has agreed to pay a penalty to the United States’ sanctions enforcer …
U.S. Sanctions Enforcers Extend Reach Further Than Ever As UK Bank Fined
A UK bank has agreed to pay a penalty to the United States’ sanctions enforcer …
France: ACPR Publishes Proposals to Improve Remote Client Onboarding Identity Verification
On September 23, 2019, the French Prudential Supervision and Resolution Authority (ACPR) released a report …
Europe To Prioritise Money Laundering Reforms After 4th AMLD Woes
The European Commission will prioritise making future anti-money laundering rules directly applicable in all member …
Libra Could Dethrone The Dollar, ECB Official Says
The head of the G7 group analysing the proposed Libra payment system has called for …
Hong Kong: Circular on New Licensing Requirements for Money Service Operators
On September 18, 2019, the Hong Kong Customs and Excise Department released a circular on …
Lithuania: Parliament Completes Amendments to AML Act VIII-275 for Transposition of 5th AMLD
On September 18, 2019, the Lithuanian parliament (Seimas) published amendments to the Money Laundering and Terrorist …
Swedbank Faces Up To Money Laundering Failings
Swedbank has acknowledged failings in its responsibility to prevent financial crime in a letter to …
Libra Stares Down Wary Regulators At Basel Gathering
Representatives of the Libra Association tackled mounting concerns about Facebook’s mooted global payments system during …