Scope of Obliged Entities – The AML Regulation expands the definition of ‘obliged entities’. Financial institutions listed in Article 2(6) of the AML Regulation, which includes life insurers and ...

As stablecoins and related products gain traction in the U.S., bankers are going to have to face the fact that their current anti-money-laundering controls simply aren't up to the task anymore, writes ...

Insurance companies will be required to frequently audit their high-risk customers in line with new guidelines issued by the regulator. The move aims at strengthening their internal anti-money ...

Strategic partnership combines FinScan’s real-time data quality and screening technology with Nexus AML’s expert-led ...

The Insurance Authority (IA) in Hong Kong has fined three insurance broker firms a total of approximately USD54,800 for breaches of anti–money laundering (AML) regulations.

Why It Matters More Than Ever in the Age of Privacy Coins In a digital economy where billions move in seconds, financial crime is evolving. "Anti-Mone ...

Uganda’s parliament is pushing for extra funding for the Financial Intelligence Authority (FIA) ahead of a scheduled country ...

Rapid fintech expansion in Nigeria is heightening regulatory scrutiny, as authorities push for stronger anti-money laundering compliance to safeguard the financial system, JUSTICE OKAMGBA reportsBanks ...

Compliance gaps revealed weak controls for identifying politically exposed clients. Hong Kong’s Insurance Authority (IA) reprimanded and fined three licensed insurance brokerages a total of $55,770 ...