Anti-money laundering (AML) refers to a set of laws, regulations, and procedures intended to prevent criminals from disguising illegally obtained funds as legitimate income. Though anti-money-laundering laws cover a relatively limited range of transactions and criminal behaviors, their implications are far-reaching.
New York Attorney General Eric Schneiderman has announced the launch of the Virtual Markets Integrity Initiative, a fact-finding inquiry into the policies and practices of...
A new report by the General Council for Islamic Banks and Financial Institutions (CIBAFI) said the decline of correspondent banking relationships disproportionately impacts Islamic financial...
Intense industry hype and alarming cryptocurrency volatility have led regulators the world over to perk up their ears to the growing number of cryptocurrency exchanges....
The Vietnamese government is calling for a crackdown on cryptocurrency, Reuters reported. Through a directive, Prime Minister Nguyen Xuan Phuc instructed multiple governmental bodies to...
In Australia, cryptocurrencies are getting more scrutiny from regulators. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Correspondent banking is among the most vital avenues for businesses — from international conglomerates to small firms in emerging markets — to facilitate business across...
Of all the purported benefits of blockchain, iron-clad security may be the most lauded, with much of the proliferation of blockchain experimentation being fueled by...
Most people believe that their personal information is for sale on the dark web — and they’re probably right. That only makes the job of...