Western Union Off The Hook In Sweden Over AML
Sweden’s financial watchdog has said that there are shortcomings in the payments institution’s approach to …
US Launches National Strategy To Close AML Loopholes
The new US national illicit finance strategy sets out four priorities to address existing loopholes …
BIS Provides Tools To Boost Payment Firms’ Direct Access To Central Bank Systems
The Bank for International Settlements (BIS) has published a self-assessment report for central banks to …
Here We Go Again! Commission Launches PSD2 Consultation
Brussels has finally launched its much-anticipated review of the revised Payment Services Directive (PSD2), as …
US Issues New Sanctions Targeting Sberbank, Gazprombank, MIB
The US has issued new sanctions against designated individuals and entities deemed “critical” to Russia’s …
Gaining Momentum: BIS Survey Sheds Light On Move Towards CBDCs Worldwide
The Bank for International Settlement (BIS) has published a new report that highlights the rapid …
J5 Releases First Guidance On Red Flags In NFT Market
The Joint Chiefs of Global Tax Enforcement (J5) have published a new intelligence briefing warning …
EU Proposes Sixth Russian Sanctions Package, Targets Oil And Sberbank
European Commission president Ursula von der Leyen has presented the EU’s sixth package of sanctions …
EBA Clearing, SWIFT, TCH To Pilot Cross-Border Instant Pay By End Of Year
EBA Clearing, SWIFT and The Clearing House (TCH) have announced that they plan to launch a …