Abu Dhabi amends digital currency regulation
Abu Dhabi Global Market (ADGM) has released amendments to the regulations and rules around the authorisation and supervision of virtual assets.
No, the ECB won’t change its monetary policies because of the coronavirus
A top European Central Bank (ECB) executive has shot down the idea that there is a need to take any immediate monetary policy actions because of the coronavirus.
Barclays executives cleared of fraud charges
Three former Barclays executives accused of misconduct during the 2008 financial crises have been acquitted of funnelling £322m in secret fees to Qatar in return for rescue financing during the credit crisis.
The European Central Bank seeks advice on new payments statistics regulation
The European Central Bank (ECB) has issued a public consultation regarding its new regulation on payments statistics.
Pakistan hopes to soon be out of FATF’s grey list
Pakistan is hoping to be removed from the Financial Action Task Force’s (FATF) grey list soon after it improved its foreign and internal policies.
US RegTech deals over $50m have increased their share of deal activity by 15.7...
There were 456 RegTech deals completed in the US between 2015 and 2019, with over $10bn raised across these transactions. Companies operating in the...
Cybercrime is rife in Latin America but is often overlooked study finds
Drug cartels, political corruption, economic struggles and internet censorship are all factors that have contributed to making Latin America a hotbed for cybercrime, according to a new report.
Seven more countries on Financial Action Task Force’s watchlist
The Financial Action Task Force (FATF) has added an additional seven more countries to its high-risk jurisdictions list for deficiencies in their anti-money laundering or counter terrorism financing protocols.
77% physical security systems are in desperate need of an update
European IT executives are worried about the physical security of their systems, according to a new survey.
Having polled 1,000 IT across the continent, hosted...
Five African nations placed on the FATF’s grey list because their weak money laundering...
The Financial Action Task Force (FATC) has placed Botswana, Ghana, Mauritius, Uganda and Zimbabwe on their grey list, meaning they need to do more to tackle money laundering and terrorism financing.
