Knowledge & Training

The London Institute of Banking & Finance awards were on the 6th of December in London, which recognised some of the most innovative companies in the banking and finance sector. This year’s awards had 17 categories including: finance in the […]

Automated AML 4. FinTechs drive demand for automated AML With increasing consumer adoption and subsequent transaction volumes in a competitive FinTech climate, 2019 will see a large number of firms move to automate their AML practices to scale even faster. […]

AML Information Sharing A cornerstone of an effective AML/CFT framework, information sharing between financial institutions is an ongoing compliance priority for regulators and financial institutions around the world.   CFT/AML Information sharing is a key recommendation of the Financial Action Task […]

When it comes to choosing anti-money laundering (AML) transaction monitoring solutions, companies often face the dilemma of whether to build an in-house system or purchase a pre-existing one. This decision is crucial because it directly impacts firms’ risk management, compliance, […]

Managing GDPR AML Challenges With new regulations in effect, financial institutions in the EU and beyond must manage their GDPR AML compliance obligations in a new data protection regime. What is GDPR? The General Data Protection Regulation (GDPR) was implemented […]

Is cryptocurrency legal in Luxembourg? Cryptocurrencies: Not legal tender Cryptocurrency exchanges: Legal, must register with the CSSF There are no specific Luxembourg cryptocurrency regulations but the government’s legislative attitude towards cryptocurrencies is generally progressive. Finance Minister Pierre Gramegna has commented […]

Is Cryptocurrency Legal in Gibraltar? Cryptocurrencies: Not considered legal tender Cryptocurrency exchanges: Legal, must register with the GFSC Gibraltar is a global leader in cryptocurrency regulation: while cryptocurrency is not considered legal tender in the country, cryptocurrency exchanges are legal […]

Is Cryptocurrency Legal in Malta? Cryptocurrencies: Not legal tender Cryptocurrency exchanges: Legal, regulated under the VFA Act Malta has taken a very progressive approach to cryptocurrencies, positioning itself as a global leader in crypto regulation. While cryptocurrencies are not legal […]

Is Cryptocurrency Legal in Estonia? Cryptocurrencies: Not legal tender Cryptocurrency exchanges: Legal, must register with the Financial Intelligence Unit (supervised by Financial Supervisory Authority). Estonia cryptocurrency regulations are open and innovative, especially in comparison to other EU member-states. Although not […]

Asia is the world’s largest trading market for cryptocurrency, and it has one of its most diverse regulatory environments. Crypto regulations in Asia fall across a spectrum. While many territories have paved the way for the adoption of cryptocurrencies, others […]

What Is The United States Department Of Justice? The United States Department of Justice is the federal government agency responsible for enforcing laws and administering justice across the United States. The DOJ’s purpose is to protect the public from foreign […]

The Financial Conduct Authority (FCA) regulates the financial services industry in the UK. It is an independent body funded entirely by the fees it charges regulated firms but is accountable to the Treasury, the UK government’s economic and finance ministry.  […]