All posts tagged "FATF"
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388AML / KYCFATF Re-rates New Zealand for Progress on UBO Transparency
The FATF says New Zealand was re-rated on Recommendation 25 due to new requirements for trusts coming into force.
June 1, 2022 -
755AML / KYCG7 Urges FSB to Swiftly Develop Regulations for Crypto
FSB asked to "advance the swift development and implementation of consistent and comprehensive regulation of crypto-asset issuers and service providers".
May 23, 2022 -
765AML / KYCISDA AGM Highlights Global Scrutiny of Crypto Sector
Senior officials from the FSB, Basel Committee, US SEC, and CFTC spoke at ISDA's AGM about the need for more regulation in the crypto sector.
May 14, 2022 -
935AML / KYCWolfsberg Group Offers Guidance on Adverse Media Screening
New FAQs highlight the need for FIs to understand how vendors evaluate data source reliability and the controls they have in place address unreliable sources.
May 12, 2022 -
1.5KAML / KYCThe EU’s MiCA Races to Create a Regulatory Superhighway
Ari Redbord outlines what crypto-asset service providers need to understand as discussions continue on an EU-wide regulatory framework for crypto.
May 12, 2022 -
709AML / KYCMONEYVAL Calls for Clampdown on Crypto-enabled Money Laundering
Some smaller cryptocurrencies are being established specifically with the motive of laundering, while larger virtual assets are seeing "heavy" manipulation.
May 11, 2022 -
808AML / KYCAMLC Philippines Launches Review of Sanctions Screening Practices
The AMLC has partnered with AML Analytics as its testing and validation partner to conduct a thematic review of customer- and transaction-screening systems at FIs and DNFBPs.
April 26, 2022 -
862AML / KYC
European Crypto Firms Push Back Against Proposed Regulations
Crypto firms say requiring them to disclose transaction details and wallet addresses will undermine the privacy and safety of digital asset owners.
April 25, 2022 -
445AML / KYCFATF Vows ‘Swift and Decisive Action’ on Effectiveness
The commitment includes action to promptly implement global beneficial ownership rules and increase countries' capabilities to recover criminal assets.
April 22, 2022 -
896AML / KYCCountries Must ‘Redouble Efforts’ to Fight Financial Crime: FATF
The FATF finds that countries have made "huge progress" in improving technical compliance, but many still face substantial challenges in taking effective action.
April 20, 2022
