Anti-money laundering (AML) refers to a set of laws, regulations, and procedures intended to prevent criminals from disguising illegally obtained funds as legitimate income. Though anti-money-laundering laws cover a relatively limited range of transactions and criminal behaviors, their implications are far-reaching.
U.S. congressional investigators have found possible failures in Deutsche Bank AG’s money laundering controls. Get the Full Story Complete the form to unlock this article...
Cryptocurrency firms doing business in the Netherlands will soon be required to register with Dutch Central Bank, according to CoinDesk. Get the Full Story Complete...
Switzerland’s regulators are mandating that firms conducting business across blockchain conduct AL and KYC due diligence. In Australia, the Securities Exchange is transitioning to blockchain...
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The Swiss Financial Market Supervisory Authority (FINMA) has granted the first “banking and securities licenses” to two blockchain companies: SEBA Crypto AG and Sygnum AG....
There won’t be any answers until next year regarding the ongoing investigation of the Swedish Financial Supervisory Authority (FSA) and money laundering in the Baltics,...
Supplier onboarding has its own set of challenges (and opportunities) as supply chains get longer and need more documentation. Julien Nadaud, senior vice president of...
Cooperation in an environment that is rapidly advancing on many technological fronts was the theme when FinCEN Director Kenneth A. Blanco took to the stage...
Lending-as-a-service company ezbob is rolling out a new solution designed to enable banks to more easily onboard clients and manage their Know Your Customer (KYC)...