All posts tagged "illicit finance"
-
1.6KAML / KYCAnti-Money Laundering a Priority for Incoming Treasury Secretary Yellen
Incoming Treasury Secretary Janet Yellen thanked Congress for passing the AMLA, widely considered to be the most significant overhaul of AML legislation in the US since 2001.
January 25, 2021 -
325Fintech / RegtechUS Regulators Call for Responsible Stablecoin Design, Operation
Stablecoin participants and arrangements should register with FinCEN and comply with AML, sanctions, recordkeeping and reporting requirements.
December 31, 2020 -
1.3KAML / KYCFATF President Calls on G20 to Fully Implement AML Standards
Marcus Pleyer says not all G20 members have taken effective action to make a real difference, despite their public calls for full implementation of the FATF standards.
November 25, 2020 -
1.8KAML / KYCDoing What is Right: Financial Inclusion Needs Better Incentives
Tools to enable financial inclusion exist, but without positive incentives to put these into practice barriers will remain, says RUSI's Isabella Chase.
April 3, 2020 -
850Fintech / RegtechFederal Reserve Explores Feasibility of US Dollar CBDC
The Fed is exploring policy and design issues, legal considerations, and financial stability and resilience implications, governor Lael Brainard says.
February 11, 2020 -
843AML / KYCUS Treasury Issues 2020 National Strategy for Combatting Illicit Finance
The document highlights increased transparency, an improved supervisory framework for FIs, and enhanced operational capabilities as three strategic priorities for the US AML/CFT regime.
February 10, 2020 -
1.3KAML / KYCG20 Finance Leaders Agree to Regulate Stablecoins
Amid warnings from the FSB and FATF, the G20 finance leaders have agreed that no stablecoin project should commence operation until their risks are evaluated and appropriately addressed.
October 21, 2019
