Banking industry concerned with finCEN’s new reporting rules
IFLR 08/07/2023
The inclusion of “unknown” and “unable to identify” options might undermine efforts to fight against illicit activity…
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Dueling crypto anti-money laundering bills face off in the Senate
Blockworks 08/07/2023
The Digital Asset Anti-Money Laundering Act of 2023 aims to bring “crypto participants” — defined in the bill as wallet providers, miners and validators — under compliance requirements for financial institutions…
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How Governance Professionals Are Guiding Corporate Disclosure on E&S Topics
Harvard 08/07/2023
Amidst the shifting landscape of environmental and social regulations and stakeholder expectations, we gathered input from governance professionals across the Nasdaq network, including corporate secretaries, general counsels, executives, and board members…
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FCA, Federal Reserve Share Concerns About AI In Financial Services
Mondaq 08/07/2023
Senior regulators at the Financial Conduct Authority (FCA) in the UK and at the Board of Governors of the Federal Reserve System (Federal Reserve Board) in the US publicly shared remarks regarding their concerns about artificial intelligence…
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Exploring the regulatory landscape in LATAM’s payments industry
The Paypers 08/07/2023
Alternative Payment Methods (APMs) continue to thrive in LATAM, with real-time bank transfers, cash-to-electronic money conversions, and digital wallets gaining significant popularity over credit and debit cards. This growth is predominantly driven…
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