Cryptocurrencies are seen as bringing innovation to the payments-services sector; furthering financial inclusion; and facilitating greater efficiency in cross-border transactions. However, as with other financial products and services, cryptocurrencies are also exposed to financial crime risks. The following article provides some background in relation to cryptocurrencies in general, and some insights into ongoing regulatory approaches and discussions in Europe.
Anti-Money Laundering
Investigating Ultimate Beneficial Ownership in Ukraine
Ultimate Beneficial Ownership and the Fourth EU AML Directive
Controversial German Anti-Money Laundering Law
Political corruption and the assessment of politically exposed persons
Politically Exposed Persons (PEPs) and Customer Due Diligence in Asia
Customer Due Diligence in Asia has gained prominence over recent years, with a growing set of regulations that have come into force. International Anti-money laundering standards recommended by the Financial Action Task force (FATF) have provided a framework for member jurisdictions to lay out the requirements for the prevention and combat of money laundering and terrorist financing, which is particularly…