Tag: Financial Action Task Force (FATF)

The European Union (EU) has made a significant leap forward in the fight against money laundering and terrorist financing with a provisional agreement on an anti-money laundering (AML) package. This agreement, pending full approval, is set to fortify the EU's financial system and protect its citizens by introducing sweeping changes across various sectors.

NayaPay has picked up a licence to begin operations in Pakistan from the country's central bank.

Amidst the coronavirus crisis, many FinTech companies have still been able to raise big rounds. Here are 35 of the successful investment stories that we paid special attention to in the past week.

From: FinTech Global COVID-19 has plunged financial markets into chaos, but the pandemic also represents both challenges and opportunities for FinTech and RegTech companies as...

A year after its latest funding round, Featurespace has bagged another £30m to expand its offerings.

The coronavirus has not only wreaked havoc on the global economy, but also increased the risk of money laundering, fraud and cybercrime.

The United Arab Emirates may have made efforts in recent years to prevent money laundering and terrorism financing, but it may be too little too late.

While South Korea has established a strong legal framework to fight money laundering, the country must do more to prevent government officials from laundering the proceeds of corruption.

The Council of Europe’s anti-money laundering (AML) body MONEYVAL has urged Cyprus to be more aggressive in its efforts to combat criminal transactions.

Norway has been hard at work since 2014 to ensure it has a robust system in place to prevent money laundering and terrorism financing occurring under its watch.