AML

European finance ministers are expected to urge the European Commission to set up a new anti-money laundering authority. But is it enough?

Earlier this year, the Financial Action Task Force adopted amendments to Recommendation 24 – one of its 40 recommendations that govern global AML policy – making changes to Ultimate Beneficial Ownership. How will this impact your company?

The Prudential Regulation Authority (PRA) has slapped Metro Bank with a fine of £5,376,000 for deficiencies related to the governance and controls of its regulatory reporting.

Insider thefts were the most common form of cryptocurrency theft, according to cryptocurrency tracker CipherTrace’s latest report.

Australian RegTech leader Arctic Intelligence is going to help African Bank meet its anti-money laundering (AML) and counter financing of terrorism (CFT) targets.

Having partnered up with HSBC in September, Quantexa is now going to provide its contextual intelligence software to help international banking group Standard Chartered prevent financial crimes.

One of Australia’s biggest banks could be facing massive fines after the country’s top financial accused it of breaking the law 23 million times.

Benoît Cœuré, executive board member of the European Central Bank, has told the German Bundestag that stablecoins like Facebook’s Libra initiative come with both risks and opportunities.

The People Bank of China (PBOC) has said it is postponing the introduction of new rules that firm up cash withdrawal and deposit scrutiny due to technical reasons.

Hawk AI, a software developer for issuers, banks, FinTechs and payment firms, has joined the Visa Fintech Partner Connect program.