FATF Acts To Diminish Russia's Influence On Organisation
In a move that could be seen as hesitancy, the anti-money laundering (AML) organisation has …
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 …
News In Brief: May 2-May 6, 2022
New amendments to Canada’s anti-money laundering regulations require payment service providers and crowdfunding platforms to register …
UK Working On Economic Crime Plan 2.0
The UK government is in the process of creating a second Economic Crime Plan, which …
Indian UPI App Goes Live At NEOPAY Terminals In UAE
Bharat Interface for Money (BHIM), a mobile payments app that uses India’s Unified Payments Interface …
CFPB Sues MoneyGram Over Remittance Rule Violations
Just a week after instigating a lawsuit against TransUnion, the US consumer watchdog is now …
Russian Regulators Strike Back Against Sanctions
Russian regulatory actions initially aimed at softening the blow of sanctions has now become a …
The ML and TF (High-Risk Countries) (Amendment) Regulations 2022 S.I. 2022 No. 393
The Statutory Instruments No. 393 2022 Money Laundering and Terrorist Financing (High-Risk Countries) (Amendment) Regulations …
UBO Register Clarifications for WWFT Institutions
The Dutch Financial Supervision Office has published an announcement relating to the registration of Ultimate …