Hong Kong Payment Firms In Firing Line
Hong Kong’s National Security Department is issuing messages to various firms to hand over information …
U.S. Publishes SAR Stats For Money Services Businesses
Money transmitters in the U.S. have long been making suspicious activity reports (SARs), an activity …
Hawala Thrives Where Conventional Payment Services Fail
As the Taliban sweeps through Afghanistan, causing many to flee the country, money transmitters have …
Kroll Survey Shows Where ABC Meets ESG
Although senior risk managers expect risks relating to bribery and corruption to remain high until …
SEC Eyes Whistleblower Program Change
The U.S. Securities and Exchange Commission (SEC) chair has directed his staff to review a …
AML Watchdog Highlights Environmental, Social and Governance Shortcomings
Countries are failing to assess the risks of environmental crime in their money laundering assessments, …
Crypto Travel Rule To Unleash Data Leaks
The Financial Action Task Force’s (FATF) travel rule guidance could contravene the EU’s data protection …
Payment Institutions To Be Hit By Post-Wirecard Reforms
Proposed outsourcing rules are expected to affect payments processing among services included, as lawmakers plan …
Don't Think Of AML As Just Compliance, Says FATF - FinCrime
Widespread engagement and increased awareness have been positives in the fight against money laundering and terrorist …