The Central Bank of Brazil to implement regulations for digital currency platforms by 2025
Brazil is nearing the completion of the process to establish regulations for virtual asset service providers (VASPs) and their involvement with cryptocurrency. […]
MONEYVAL acknowledges Jersey’s AML/CFT improvements
The Council of Europe’s anti-money laundering body MONEYVAL has praised Jersey for its efforts to enhance its legal and regulatory framework in […]
Argentinian cryptocurrency market to see stricter regulation
The Argentinian cryptocurrency market will see the introduction of a new law aimed at regulating the market, with the intention of curbing […]
The dynamic growth of the crypto sector: An overview
The crypto sector today The crypto sector is extremely active, and its growth is nothing short of phenomenal. As we delve into […]
FinCEN aims to strengthen US AML/CFT programmes
The Financial Crimes Enforcement Network (FinCEN) of the Department of the Treasury has put forth a proposal to enact specific elements of […]
Jamaica removed from FATF grey list
Jamaica has now been removed from the Financial Action Task Force’s list of Jurisdictions under Increased Monitoring or “grey list”, a group […]
Thematic Review: Testing sanction screening systems
Here at AML Analytics, a Thematic Review refers to the testing, review and comparison process of the anti-financial crime systems used by regulated entities. […]
Starling Bank takes legal action against bad debtors
Starling Bank has commenced legal action against two dozen bad debtors as it struggles with increasing defaults and scrutiny from the city […]
The Financial Conduct Authority publishes 2024/2025 enforcement plans
In 2022, the Financial Conduct Authority (FCA) revealed a three-year plan outlining three primary elements for change. These include decreasing and averting […]
Singapore issues Environmental Crimes Money Laundering National Risk Assessment
Singapore published an Environmental Crimes Money Laundering National Risk Assessment (NRA) on May 29, 2024. The report identifies key threats and vulnerabilities […]
European Council adopts package of new anti-money laundering rules
Today, the European Council adopted new anti-money-laundering regulations to protect EU citizens and the financial system from money laundering and terrorism financing. […]
Why should you test a sanction screening system?
Without testing a sanction screening system, its performance on a day-to-day basis is not understood. Testing a sanction screening system not only […]