Thailand's SEC wants stablecoin transfers capped at 5 million baht per day, with third-party wallet transfers banned outright. Consultation closes September 25.

When the Financial Action Task Force (FATF) extended its travel rule to virtual assets in 2019, it borrowed a mechanism built for banks and applied it to a market that does not work like banking. Wire...

Transactions exceeding 15,000 Turkish liras (around $425) will require users to provide identifying information to crypto service providers.

Understanding the differences between the EU and Australia's adoption of the FATF Recommendation 16's Travel Rule is essential for businesses, financial institutions, and compliance professionals oper...

For more than a century, Swiss finance sold one thing above all others: discretion. The numbered account, the banker who knew everything and disclosed nothing, the vault that answered to no foreign re...

🌐 New Guidelines for #EU #Compliance with Restictive Measures (#Sanctions) 🌐 The European Banking Authority (EBA) has released anticipated new guidelines…

Money laundering is a serious threat to the global financial system. As criminals grow more sophisticated, they continually refine their methods of moving illicit funds. Although credit cards have tra...

As crypto reshapes finance, the FATF's Travel Rule struggles to keep pace—can global regulators close the gap on illicit transactions?

Crypto asset service providers (CASPs) face new compliance responsibilities with the Financial Intelligence Centre's Directive 9 in effect.

When the Financial Action Task Force (FATF) placed Mauritius on its grey list in February 2020, the decision exposed weaknesses that went beyond technical compliance. The island’s reputation as a clea...

As the cryptoasset sector continues to evolve, regulation is rapidly catching up with technological innovation. In the UK, Virtual Asset Service Providers (VASPs) must ensure that robust customer iden...

When SWIFT first announced its intention to retire its legacy MT messaging standard in favour of ISO 20022, the financial services industry responded with a familiar blend of acknowledgement and defer...

The UK was among the first jurisdictions in the world to implement the crypto travel rule. Since September 2023, every virtual asset service provider (VASP) registered with the Financial Conduct Autho...

The architecture of the global anti-money laundering (AML) regime is often understood through the lens of geopolitical power. Countries like the United States, UK, and Germany are widely perceived as ...

Every time the Financial Action Task Force (FATF) updates its lists or publishes a mutual evaluation, it redraws a map of financial legitimacy. The geography of compliance has become a cartography of ...

As financial crime risks evolve, jurisdictions around the world are refining their wire transfer regulations. Three key frameworks are shaping the international compliance landscape today: New Zealand...

The Single Euro Payments Area (SEPA) has revolutionised cross-border payments within Europe, making them as seamless as domestic transactions. By harmonising payment systems across 36 countries, SEPA ...

The rise of cryptocurrencies and blockchain technology has revolutionised financial services, offering decentralised and efficient ways to transfer value globally. However, the same benefits that make...

In an era where financial services are increasingly unbundled, digitised, and decentralised, the FATF’s call for functional consistency in anti-financial crime regulation has never been more relevant....

The Financial Action Task Force (FATF) settled the treatment of net settlement in June 2025. Where a net settlement results from payments carried out on behalf of customers, information about the underlying transactions need not accompany it. The requirements of Recommendation 16 (R16) continue to apply to those underlying transactions. The first half of that proposition is easy to read as a concession. The second half is where the work sits.On 24 June 2026 the FATF published the draft guidance

When the Financial Action Task Force (FATF) revised Recommendation 16 (R16) in June 2025, most of the commentary fixed on virtual assets. That focus misses the point. The revised standard, agreed at t...

When the Financial Action Task Force (FATF) published its sixth targeted update on virtual assets in June 2025, it recorded a fact that should have unsettled every compliance officer in Europe. Of the...

For nearly three decades, the discipline that governs cross-border payments rested on a deceptively simple premise. Information about who was sending money and who was receiving it should accompany th...

The travel rule has been legislated almost everywhere. The FATF has now written down how it will be enforcedFor years, one question hung over Recommendation 16 (R16): would regulators ever move from w...