Germany currently has more than 300 supervisors, an issue highlighted by the FATF in its latest mutual evaluation report on the country.
August 26, 2022New paper covers 15 different private-private financial information sharing platforms across the US, UK, Singapore, the Netherlands, Switzerland, Estonia and Australia.
August 4, 2022The AMLA will directly supervise certain types of credit and financial institutions, including crypto asset service providers, starting in 2026.
July 7, 2022The Victorian Gambling and Casino Control Commission will be provided designated access to AUSTRAC’s financial intelligence database.
April 28, 2022FinCEN is meanwhile taking steps to boost cooperation with the FIUs of Australia, Canada, France, Germany, Italy, Japan, New Zealand, the UK , and the Netherlands.
March 17, 2022A group of EU member states led by Germany is seeking to make the inclusion of cryptocurrency firms under the AMLA's remit more explicit.
March 2, 2022The FATF action plan requires the Philippines to enhance and streamline law enforcement agencies’ access to accurate and up to date beneficial ownership information.
September 10, 2021The report says more needs to be done to combat organised crime and WMD proliferation risks, and a joint-agency body should be designated for setting national AML/CFT policies.
August 31, 2021A new EU-level AML authority will coordinate national authorities to ensure the private sector correctly and consistently applies EU rules.
July 23, 2021A new team being formed under the Cabinet Secretariat may help overcome the current fragmented bureaucracy and enhance cross-agency coordination.
July 5, 2021