Anti-Money Laundering Directive RSS

Anti-Money Laundering Directive, Bitcoin, Blockchain, Cyber Security, Daily News, E-Money, EBA, European Comission, Issuing & Acquiring, Regulation, Risk & Compliance, Virtual currency -

In an Opinion issued yesterday, the EBA welcomed the Commission’s proposal to bring virtual currency exchange platforms and custodian wallet providers within the scope of the 4th Anti-Money Laundering Directive. The Authority also makes several recommendations aimed at supporting the consistent pan-EU implementation and supervision of the proposals that the Commission had published on 5 [...]

The post EBA response to Commission’s proposal on virtual currency and AML directive appeared first on Payments Cards & Mobile.

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AMLD IV, Anti-Money Laundering Directive, Daily News, financial institution, Know Your Customer, Regulation, regulatory compliance, Risk & Compliance -

Fenergo, a provider of Client Lifecycle Management solutions for institutional banks, has published key findings from new research commissioned from the Aite Group which suggests that financial institutions are struggling to manage regulatory compliance and entity data management obligations across multiple jurisdictions. The research finds that the Anti-Money Laundering Directive IV (AMLD IV) is perceived by [...]

The post Banks struggle with cross-jurisdictional regulatory compliance appeared first on Payments Cards & Mobile.

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