Cryptos Still Pose Huge AML Risk, Warn Experts
Cryptocurrencies could yet bolster the fight against money laundering, but unregulated digital currency exchanges and …
Data Processing with Artificial Intelligence - Ibero-America Perspective
The Ibero-American Data Protection Network (Red Iberoamericana de Protección de Datos) has approved guidance on …
Uruguay: Central Bank Consults on Amendments to E-Money Regulations
On August 31, 2018, the Central Bank of Uruguay (BCU) launched a public consultation on …
Uruguay: Central Bank Prohibits Charges for Digital Payments
The Central Bank of Uruguay (BCU) published a statement applicable to the retail payments system, …
Uruguay: Central Bank Consults on Customer Information Collection Requirements in Financial Services
On August 21, 2018, the Central Bank of Uruguay (BCU) launched a public consultation on …
Uruguay: Central Bank Now Live on SWIFT
The Central Bank of Uruguay has implemented a real-time gross settlement system (RTGS) with the …
Uruguay: Law Against Money Laundering and Terrorism Financing Comes into Force
On December 20, 2017 the new law against money laundering, No. 19574, which compiles and …
Uruguay: Financial Inclusion Programme Starts Second Stage
On August 1, 2015 the financial inclusion project, which came into force a year ago, …
Latin America: Uruguay and Paraguay Central Banks Sign Financial Integration Agreement
The central banks of Paraguay and Uruguay have introduced a new payment system in local …