Regulators & Key Institutions

The government launched its UK Economic Crime Plan 2019 to 2022 on 12th July 2019 in partnership with the non-profit banking and financial association, UK Finance. The plan is designed to tackle crime at every level of the UK’s financial […]

FATF’s latest guidance was a reminder to the VA, VASP, Ce/DeFi, and crypto communities that AML/CFT, KYC, TM, and payment transparency (aka “The Travel Rule”) are just as applicable to them as they are to traditional compliance professionals (TCPs). But […]

Teachable Moments: Transforming Mistakes into Lessons for Compliance Professionals Recent arrests, fines, and regulatory censors suggest there is still a lot that the crypto and compliance communities can learn from one another. Regardless of the root cause or source of […]

The Financial Supervisory Authority of Norway (FSA), known as Finanstilsynet, is the primary government agency responsible for the supervision of Norway’s financial system and is tasked with oversight of all banks and financial institutions within the country. In its supervisory […]

AML in The Netherlands: FIU (The Financial Intelligence Unit) Money laundering is a growing problem in the Netherlands, with estimates suggesting that around €16 billion in illegal funds is laundered there every year — money derived from a range of […]

The Autorité de Contrôle Prudentiel et de Résolution (ACPR) was founded in 2010 as a merger of the French Banking Commission, the Committee for Credit Card Institutions and Investment Firms (CECEI) and the Mutual Insurance Supervisory Authority (ACAM). Initially known […]

De-Risking AML – Strategies and Alternatives In an era of increased regulatory scrutiny and expectation, and as AML failures result in high-profile financial penalties, banks and financial services firms around the world seek to mitigate the threats they face and […]

What is RBI? Simply put, RBI stands for the Reserve Bank of India and is responsible for regulating India’s financial markets and maintaining economic stability. Established by the Reserve Bank of India Act 1934, and commencing operations on 1 April […]

What Is BAFIN? BaFin is Germany’s financial regulator and is responsible for ensuring the stability and integrity of the German financial system. The Federal Financial Services Authority (BaFin) was established in 2002 to serve as the primary regulator of Germany’s […]

What is Japan’s FSA? Japan’s FSA (Financial Services Agency) is the principal regulatory body responsible for the stability of Japan’s financial system. Originally created in 1998 as an administrative wing of the Prime Minister’s Office, Japan’s Financial Services Agency (FSA) […]

The CFATF works to implement counter-measures against money laundering and terrorism financing across the Caribbean. What Is The Caribbean Financial Action Task Force? The Caribbean Financial Action Task Force (CFATF) is an intergovernmental organization of 24 territories in and around […]

What is the Financial Intelligence Centre Act (FICA) South Africa? The Financial Intelligence Centre Act is South Africa’s primary anti-money laundering and counter-terrorism financing legislation. South Africa’s Financial Intelligence Centre Act (FICA) was introduced in 2001, establishing the country’s Financial […]