European Supervisory Authorities issue a joint Opinion on Innovative CDD Solutions
Identifying additional challenges for KYC and terrorist finance prevention in non-face-to-face / online channels.
Eurozone
Updated ECB guidance for Brexit Banks
The updated FAQs are primarily aimed at UK based financial institutions re-locating in the context of Brexit but may also impact others.
The making of a margin lending market in digital assets?
Reported valuations of cryptocurrencies and digital assets are on the rise. With cryptocurrency investors entering into unsecured and/or secured financing, the risks attached to this trend are noteworthy.