The European Commission published an updated list of high risk third countries in respect of AML/CTF due diligence.
Implementation of the EU’s Fifth Money Laundering Directive on 10 January 2020 is now fast approaching.
Stakeholders can submit responses until 3 September 2018.
Identifying additional challenges for KYC and terrorist finance prevention in non-face-to-face / online channels.
Digital currencies will have unpredictable implications for banks, increasing efficiency in some business segments and inviting competition in others.