CMA Opens Inquiry On Visa-Earthport Merger
The UK Competition and Markets Authority (CMA) has launched an inquiry into a proposed merger …
Fed Official Presses Industry On 'Staggering' Transaction Laundering Threat
A top Federal Reserve lawyer is sounding the alarm over trade-based money laundering, calling on …
UK Treasury Outlines Plans To Close Economic Crime Gaps After FATF Criticism
UK authorities will soon be issuing their response to the recent evaluation of the country …
European Council Rubber-Stamps Updated Cross-Border Payment Rules
The European Union’s amended cross-border payments law will come into effect in December after the …
British Overseas Territories Under Scrutiny In Wake Of New AML Scandal
A major new money laundering operation involving yet more illicit Russian funds flowing through Europe …
Brexit Pressure Grows As FCA Flashes No-Deal Warning
The UK’s top financial regulator has issued a warning to the country’s payments firms to …
New Outsourcing Guidelines Flag Third Country Risks
Europe’s top financial regulator has instructed payment firms to take extra caution when outsourcing to …
FairFX Eyes Opportunity As Conduit For Non-Bank Faster Payments Access
The latest non-bank financial institution to hook up to the UK’s Faster Payments system hopes …
EBA Probes Denmark, Estonia Regulators Over Danske Scandal
Danske Bank’s €200bn money laundering scandal continues to escalate, with European authorities launching a probe …