AMLD5 to be transposed into Irish law
The Fifth Anti-Money Laundering Directive (AMLD5) is finally on its way to being transposed into…
Claus ChristensenAugust 18, 2020
Global AML fines rise amid repeated shortcomings in 2020
As reported by Matthew Vincent in the Financial Times, regulators imposed bigger fines for anti-money…
Claus ChristensenAugust 11, 2020
MAS’s Report on AML Outsourcing Best Practices
The Monetary Authority of Singapore (MAS) recently released a report on “Strengthening Capital Markets Intermediaries’…
Claus ChristensenJuly 28, 2020
Bank Negara Malaysia issues e-KYC policy
On June 30th, Bank Negara Malaysia (BNM) issued a policy document on electronic Know Your…
Claus ChristensenJuly 1, 2020
Denmark toughens requirements for banks’ AML teams
Denmark’s Financial Supervisory Authority (FSA) is proposing greater independence and tougher qualifications for bankers hired to prevent…
Claus ChristensenJune 16, 2020
EU Court of Auditors to investigate money laundering in banking
On Thursday, June 11th, the European Court of Auditors announced that it would start an…
Claus ChristensenJune 12, 2020