The XML version of the FCDO sanctions list was removed last week. XML is the key format used by large organisations to automate sanctions compliance.
May 9, 2022The guidance emphasises the importance of blockchain analytics in conducting due diligence, transaction monitoring and sanctions screening.
May 6, 2022Sanctions screening starts with effective KYC, says Refinitiv’s Neil Vaz, pointing to five “universal tools” crypto firms need to ensure compliance.
April 13, 2022Siddhant Sahai says a greater focus on inter-bank relationship monitoring and timely sharing of information are needed to truly address financial crime risks.
February 16, 2022New research suggests more meaningful financial crime prevention may be achieved with targeted investments in higher risk areas.
January 26, 2022Wolfsberg Group says the adoption of ISO 20022 enables improved adherence to the group’s own ‘Payments Transparency Principles’.
November 11, 2021The guidance offers clarification on the definition of VASPs, and explains how the FATF standards apply to stablecoins, P2P transactions, NFTs and DeFi.
October 29, 2021The FATF says inconsistent implementation of AML/CFT requirements increases cost, reduces speed, limits access and reduces transparency in cross-border payments.
October 23, 2021Richer data in ISO 20022 messages allow financial institutions to potentially reduce false positives in sanctions screening, SWIFT says.
October 6, 2021Experts discuss regulatory fragmentation, rapid travel rule adoption, and good compliance practices for VASPs.
July 29, 2021