Luxembourg Watchdog Slaps Bank With AML Fine
Banque de Luxembourg, one of the country’s largest commercial banks, has been hit with a …
Member State Regulators Lobby For Powers Old And New
Although many have greeted the prospect of more uniform rules for financial regulation in Europe, …
Crypto To Grow Tenfold By 2024, Experts Predict
Crypto was a constant in 2021 and nobody quite expected it. Prices boomed, investment did …
De-Risking Driving Heavy Social Costs For EU, EBA Warns
Unwarranted de-risking is having a detrimental effect, the European Banking Authority (EBA) has warned, as …
Good Tidings We Bring, To Your Compliance Wing - EBA Sets New Financial Crime Guidelines
The European Banking Authority has released two new sets of guidelines seeking to encourage coordination …
A Warning Shot Across The Bow - J.P. Morgan Pays $125m After Using WhatsApp To Do Securities Business
J.P. Morgan has agreed to pay a steep $125m fine to the U.S. Securities and …
EU-Wide Crypto Travel Rule Edges Closer
The EU’s 27 finance ministers of the European Council have agreed on a negotiating mandate …
FinCEN Says Payments Processors Must Report Suspected Environmental Crime
The U.S. Financial Crimes Enforcement Network (FinCEN) has released an advisory document, guiding financial institutions …
Week In Brief - November 12, 2021
A short roundup of some of the week’s payments news you may have missed. This …