CryptocurrencyCryptocurrency under regulatory spotlight as EU tightens AML controlsMay 2, 2024173The European Parliament has passed stringent AML regulations affecting the crypto industry, mandating enhanced KYC and AML practices, with oversight...
CryptocurrencyEU expands AML regulation impacting cryptocurrency complianceApril 26, 2024147 The European Parliament has voted to adopt a package of laws to strengthen the EU’s AML and terrorist financing...
FinanceUK Finance develops model clauses for variable recurring paymentsApril 22, 2024156 UK Finance has teamed up with law firm Addleshaw Goddard to put together a set of model clauses that...
BankingOpen Banking In The Global SouthMarch 19, 2024174Open Banking is under continuous discussion and implementation in OECD and European markets. This post provides a brief operator view...
BankingThe EU AI Act – What Are The Implications For Banking and Fintech?March 14, 2024278Yesterday’s European Parliament's final vote on the AI Act, set to take effect this May, heralds the world's most comprehensive...
BankingBaaS platform Griffin raises $24 million and launches as a fully-operational UK bankMarch 11, 2024186 UK Banking-as-a-Service startup Griffin has snared $24 million in fresh funding to meet regulatory capital requirements and exit 'mobilisation'...
BankingUK banks closed 140,000 business accounts last yearFebruary 28, 2024147 New de-banking figures show more than 140,000 business accounts were closed by major UK banks last year. The data...
MoneyFrankfurt wins race to host new EU anti-money laundering agencyFebruary 23, 2024199 Frankfurt has won the race to host the EU's new Anti-Money Laundering Authority (AMLA), beating out competition from eight...
MoneyEU mandatory regulation is on the moneyFebruary 21, 2024213EU mandatory regulations for instant credit transfers within the Single Euro Payments Area (SEPA) are right on the money. The key...
BankingUS sanctions firms for providing tech to Central Bank of IranFebruary 16, 2024147 The United States has imposed sanctions on several companies and individuals for smuggling technology to the Central Bank of...