FCA Fines Metro Bank £16m Over Financial Crime Failings
The UK’s Financial Conduct Authority (FCA) has imposed a £16,675,200 fine on Metro Bank PLC …
New Rules To Reduce Enforcements A 'Win-Win' For Lithuania's Payment Firms
The Bank of Lithuania has recently enacted amendments to regulatory acts allowing for “peaceful” or …
Reserve Bank Of India Streamlines KYC Requirements In Updated Guidelines
The Reserve Bank of India has added new updates to its know your customer (KYC) …
Week In Crypto: Trump Allies Promise US Strategic Bitcoin Reserve
Following Donald Trump’s victory in the US presidential election, a US senator believes that their …
Bybit Fined €2.25m For Providing Unregistered Crypto Services In The Netherlands
De Nederlandsche Bank has imposed an administrative fine of €2.25m on Dubai-headquartered crypto firm Bybit …
US Republicans Object To 'Heavy-Handed' Scrutiny Of Bank-Fintech Partnerships
A group of senior Republicans in Congress have urged federal regulators not to rush into …
Singapore: New National AML Strategy Banks On 'Whole-Of-Government' Approach
One year on from Singapore’s largest ever money laundering bust, regulators are banking on a …
Competition Is Increasing Risk Of Financial Crime in Lithuania's Payments Sector
A new Lithuanian government report has identified payments and e-money institutions and virtual asset service …
Week In Crypto: Tether Under US Criminal Investigation, Says WSJ
An article by the Wall Street Journal (WSJ) has claimed that Tether is under criminal investigation …