All Financial Regulation & Compliance articles – Page 11
-
VideoRegulatory Focus
Regulatory Focus with Michelle Crotty, Chief Capavility Officer at Serious Fraud Office
-
VideoAfter the US Election
The result of the presidential election will have a huge effect on the international approach to targeting and tackling financial crime over the coming years.
-
VideoA Step into The Regulatory Unknown
Almost two decades on from the al Qaeda terrorist attacks (9/11) the Financial War on Terrorism continues to gather pace following the introduction of a series of international counter-terrorism financing legislative provisions
-
NewsTrump-appointed regulator proposes rule to compel banks to lend to “unpopular” businesses
A US regulator has proposed a new rule aimed at compelling banks to lend to “unpopular” businesses such as oil businesses and gun manufacturers.
-
BlogA single AML supervisor and rulebook might just be what’s needed to drive true collaboration in Europe
As European finance ministers agreed to progress plans for a major reform of anti-money laundering regulation in the European Union, Nina Kerkez outlines the likely benefits and challenges.
-
FeatureWe need to talk about the EU’s ambitious AML reform plan
The European Commission’s reforms for anti-money laundering, including a single rulebook and supervisor, have been enthusiastically backed across the continent and draft plans approved by finance ministers.
-
NewsUAE lifts suspensions for 193 law firms but fines seven for continued AML failures
The United Arab Emirates’ Ministry of Justice has fined seven law firms for continued anti-money laundering failures, but lifted suspensions on 193 others.
-
AnalysisFour key FinCrime questions for Biden’s administration
As the world reflects on Joe Biden’s victory, here are a few things to look out for in terms of the impact on the tackling of financial crime
-
BlogGermany’s proposed AML law: what it would mean for compliance professionals
Germany’s draft anti-money laundering law would widen the definition of money laundering crimes. Oliver Förster explains how this would both ease and add to AML compliance workloads.
-
NewsEuropean finance ministers agree plan for single rule book and centralised supervision of anti-money laundering
European finance ministers have agreed draft proposals to establish a single rule-book and centralised supervision of anti-money laundering and terrorist financing.
-
BlogGermany’s proposed AML law: what it would mean for compliance professionals
Germany’s draft anti-money laundering law would widen the definition of money laundering crimes. Oliver Förster explains how this would both ease and add to AML compliance workloads
-
NewsSingapore considers new AML law to improve oversight of VASPs
Singapore looks set to become the latest country to increase anti-money laundering regulations for Virtual Asset Service Providers (VASPs)
-
NewsFATF president pledges to support digital transformation of AML/CFT systems
The Financial Action Task Force (FATF) will seek to support the building of greater efficiency and resilience in anti-money laundering systems through digital transformation, its president has announced.
-
NewsFinCEN proposes lowering ‘Travel Rule’ threshold for international transactions to $250
US financial institutions will be required to collect, retain and transmit certain information about international fund transfers worth as little as $250 under a new rule outlined today in a joint notice by the Financial Crimes Enforcement Network (FINCEN) and Federal Reserve Board.
-
BlogGermany unveils tough new AML law in bid to boost prosecutions
The German government has adopted draft legislation aimed at boosting money laundering prosecutions.
-
NewsUK Treasury Committee announces fresh inquiry into financial crime
An influential cross-party group of lawmakers in the UK has launched a follow-up enquiry into financial crime following the release of the FinCEN Files last month.
-
NewsGermany unveils tough new AML law in bid to boost prosecutions
The German government has adopted draft legislation aimed at boosting money laundering prosecutions.
-
News
UAE suspends licenses of 200 law firms for breaching AML regulations
Two hundred law firms in the United Arab Emirates (UAE) have had their licenses suspended for a month by the country’s Ministry of Justice for breaching anti-money laundering rules.
-
FeatureThe skills needed in the FinCrime team of the future
Becky Marriott’s financial crime fighting journey to date includes working on security in warzones, threat intelligence at the 2012 Olympics, tracing global sanction evasion networks and investigating ISIS. Now at digital banking services provider Tide, Marriott discusses the skills needed to equip the financial crime teams of the future.
-
FeatureIdentifying, verifying and authenticating customers – which tech options will you go for?
Know Your Customer rules are tightening but bank customers increasingly want fast sign-up and quick banking. FinCrime Report looks at some of the identification and verification technologies currently being used to prevent fraud and money laundering in an increasingly complex landscape while ensuring user experience remains positive.
