Wild West to crypto best: How compliance separates cowboys from champions
Major players will be forced into closer collaboration with regulators.
FATF
FATF steps up fight against crypto crimes
Financial Action Task Force concerned over AML and CTF activities.
FATF inspects UK’s defences against terrorist financing and money laundering
The Financial Action Task Force (FATF) is on the UK soil putting the country through its paces.
Swift to launch new payments data quality service
Swift will launch Payments Data Quality, a reporting and data analytics service to help financial institutions comply with new international requirements for originator and beneficiary information in payments messages. The service will be available in Q3 2016 and Swift says it will help banks monitor their compliance with the Financial Action Task Force’s (FATF) Recommendation […]
The race is on: banks and regulators prepare for AML changes
The European Union and the larger international policy community have given substantial attention to anti-money laundering regimes this year, cueing both financial institutions and regulators to begin the race to implement and enforce respectively, writes Aamir Khan, general counsel and head of London office at Clutch Group.
