According to the UK’s Financial Conduct Authority (FCA), several crypto businesses are struggling to meet the regulator’s high bar for anti-money laundering controls. As a result, many of these firms may be forced to stop trading and shutter their doors. […]
The Australian government is weighing how it can extend AML/CFT regulation to cryptocurrencies, Nicole Rose, the CEO of AUSTRAC, confirmed on May 25. Specifically, and among other measures, the government agency is exploring whether to apply the Financial Action Task […]
North Korea & Cryptocurrency: What You Need To Know The Democratic People’s Republic of North Korea (DPRK) has a well-documented history of conducting illegal financial activities in order to circumvent the heavy sanctions that are imposed against its totalitarian government. […]
The rise of blockchain technology has facilitated the spread of cryptocurrencies and other types of crypto assets. Secured by cryptographic algorithms and circulated without any need for a central bank authority, cryptocurrencies have disrupted traditional financial systems and are traded […]
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 […]
As a gateway to China, Hong Kong is an important financial destination for businesses across APAC and the world, including numerous fintech service providers dealing in virtual assets such as cryptocurrency. Hong Kong’s regional and global status also makes it […]
Paxos was able to reduce their manual processes and completely automate their onboarding workflow.
Ziglu was able to demonstrate they have the right AML controls in place, when onboarding new customers and receiving their e-money license from the FCA.
ComplyAdvantage’s advanced matching parameters have led to a noticeable decrease in UKDE’s false positives rate, allowing them to reduce the time spent manually remediating alerts. Their compliance team can now focus on the entities that pose a real risk to their business.
Cryptocurrencies (also known as virtual assets) are introducing new possibilities for users across the financial landscape but are also disrupting the way regulators and financial institutions deal with criminal threats such as money laundering and the financing of terrorism. Discover […]
本指引涵盖建立和扩展加密货币反洗钱制度的关键要素，如何应对监管变化，以及合规团队应当注意的全新应用场景与威胁。
EN
DE
FR