Facebook-f Linkedin X-twitter
Markets by Trading view

AML

Crisis at Binance: Embattled CEO CZ hires ex-regulators while cooperating with international cops

18/02/2022 1 Comment

it’s been five months since Binance froze millions in crypto belonging to 150 Colombian accounts, at the behest of the Dutch Attorney General.

Read More →
money laundering

AMLA matters: EU presents anti-money laundering package

26/07/2021 1 Comment
Attention will focus on a much-trailed new body: the EU Anti-Money Laundering Authority (AMLA) – totemic of a tougher and better co-ordinated EU approach, as ...
Read More →

FIS launches first in a new series of AI-enabled risk solutions with C3 AI for financial services industry

17/06/2021 No Comments
Financial technology leader FIS today announced the first in a new series of solutions developed in partnership with C3 AI to help capital markets firms ...
Read More →

NatWest’s Unwelcome Surprise for the City of London

16/03/2021 1 Comment
The FCA alleges that increasingly large cash deposits were made into the customer’s accounts. It is alleged that around £365 million was paid into the ...
Read More →

Banks on the hitlist for UK’s anti-money laundering crusade

It is easy to see why, in the context of the UK, such a law may be needed. Of the more than 460,000 Suspicious Activity Reports sent by UK banks to the UK Financial Intelligence Unit in recent years for suspicious transactions, the government’s Law Commission concluded that many were of “low-quality” and that many banks had a poor understanding of their reporting obligations, reporting less to assist the authorities than to avoid a law suit.

Talking dirty: the EU talks tough on AML

“US authorities have dominated the global AML landscape through the imposition of numerous huge fines for AML failings. But that has changed somewhat in recent years - US fine amounts have fallen while other jurisdictions, particularly in Europe, have imposed very large fines of their own,” explains Duff & Phelps’ head of UK regulatory consulting Nick Bayley.
Name
Consent(Required)

Trending

Welcome to #DisruptionBanking—a Digital StartUp platform dedicated to new age banking, financial technology and the emerging markets between them. Join our global readership to keep up to date with the latest business, tech and partnership models.

We publish press releases on our site only if the company's Authority Score on Google is high enough to justify it as news.

We do not respond to speculative inquiries from @gmail.com addresses. Please represent a company when reaching out to us.

Backlinks on our site start at a minimum of £120 + VAT, though pricing may vary depending on the content and client quality.

For press releases: press@disruptionbanking.com

For partnerships, marketing, and general inquiries: hello@disruptionbanking.com

MUST READ

Thank you partners & sponsors

© All rights reserved for DisruptionBanking

Facebook-f Linkedin X-twitter

Write your email to verify subscription

Loading...

Sign up for our free newsletter and receive the latest banking and fintech stories, straight to your inbox - every week