Effective anti-money laundering and combating the financing of terrorism (AML/CFT) policies and measures are key to the integrity and stability of the international financial system and member ...

Last December, the Senate approved the National Defense Authorization Act and, as part of that legislation, passed the Anti-Money Laundering Act of 2020 and the Corporate Transparency Act. Related: EU ...

The European Banking Authority (EBA) has introduced its central database for anti-money laundering and counter-terrorist financing (AML/CFT). EuReCA will reportedly include information on “material ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

The European Banking Authority (EBA) has published a report taking stock of actions by all competent authorities to address its findings and recommendations. This follows in-depth reviews carried out ...

Over the last decade or so, anti-money laundering (AML), counter-terrorism financing (CFT), and sanctions compliance have been the subject of increased enforcement efforts by the Department of Justice ...

While Ukrainian war sanctions have dominated the debate about how banks should tighten KYC-systems, there is a parallel major overhaul of the European Anti-Money Laundering and Combating of Financing ...

The Securities and Exchange Board of India (Sebi) has announced the launch of a certification course on Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) provisions on Monday.

The Treasury Department might propose new regulations for financial institutions aimed at discouraging banks from shutting out large swaths of potential banking customers because of risk concerns, an ...

The Acting Chair’s Summing Up—Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT)— Report on the Review of the Effectiveness of the Program, Executive Board Meeting 11/55, June 1, ...