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Europol Examines Criminal Abuse of Legal Business Structures

By Manesh Samtani | 24/12/2024

New Europol report details how legal business structures are used to enable and disguise organised crime and launder criminal proceeds.

AML / KYC

INTERPOL Calls for Shift Away from ‘Dehumanising’ Term ‘Pig Butchering’

By Manesh Samtani | 22/12/2024

INTERPOL argues that the term dehumanises and shames victims of such frauds, deterring them from coming forward to seek help and provide information to authorities.

Big Picture

US Treasury Reports on Findings from Artificial Intelligence RFI

By Manesh Samtani | 20/12/2024

The report outlines key recommendations based on the responses to the RFI and next steps to be considered by policymakers and FIs.

Capital / Liquidity

FSB Proposes Recommendations to Address Leverage in NBFI

By Editors | 19/12/2024

The policy recommendations seek to address financial stability risks arising from leverage in non-bank financial institutions.

Crypto / Digital Assets

ICMA Publishes Guidance on DLT Based Debt Securities

By Editors | 13/12/2024

The guide highlights considerations for the end-to-end lifecycle of DLT-based debt securities, intended to promote wider adoption of tokenised assets.

AML / KYC

Egmont Group Offers Guidance to FIUs on Conducting NRAs

By Manesh Samtani | 10/12/2024

New Egmont Group report discusses best practices for identifying ML/TF risks, common challenges experienced in NRAs, and strategies for ensuring success.

Capital / Liquidity

EACH Calls for Global Consistency in CCP Regulation

By Mark Johnston | 05/12/2024

The European Association of CCP Clearing Houses released a manifesto offering recommendations to enhance capital market efficiency and resilience.

Big Picture

BIS Paper Examines Choice Between Retail CBDC, FPS, or Both

By Editors | 05/12/2024

The choice depends on the market features, ecosystem, and degree of maturity and innovation of existing payment infrastructures in a country.

Big Picture

Geopolitical Risk Seen as Top Risk to Financial Industry in 2025

By Editors | 05/12/2024

The top threats to the financial industry identified in DTCC’s latest Systemic Risk Barometer Survey were geopolitical risk and cyber risk.