The European Commission published an updated list of high risk third countries in respect of AML/CTF due diligence.
Belgian government agencies directly responsible for Belgian FIs and the European Central Bank announced a series of measures to ensure that financial institutions under their direct supervision continue to finance the real economy to mitigate the economic effects of COVID-19.
Each market is dealing with COVID-19 cautiously, and the guidelines issued by different agencies follow a general theme around awareness, caution, and transparency.
Weighing an uncertain outcome, Luxembourg adopts two bills ensuring the financial stability of the financial sector.
Ten years after taking on the G20 Commitments, ISDA takes stock of progress made and challenges in implementation.
Read about South Africa’s implementation of the Twin Peaks approach, its implications, benefits, and the latest amendments.