‘Stablecoins’ are a type of digital currency that aims to maintain a stable value relative to that of an underlying asset or benchmark. The Financial Action Task Force, in a…
Update to the EU’s weak AML Jurisdictions list
As of the 8th of July the following amendment to the EU’s Weak AML list has taken effect: “In the Annex to Delegated Regulation (EU) 2016/1675, in the table under…
AML Headlines Recap – 07/07/20
Here’s some of the most interesting AML cases and related news headlines from around the globe over the last week! Suspicions of Russian Bounties Were Bolstered by Data on Financial…
Pakistan to remain on FATF ‘Increased Monitoring’ list
Pakistan received another extension on the “greylist” until October 2020, as the Financial Action Task Force (FATF) plenary session on Wednesday. At the FATF plenary, held via videoconference, Pakistan was due…
AML Headlines Recap – 24/06/20
Here’s some of the most interesting AML cases and related news headlines from around the globe over the last week! Medlemsbank (SWE) fined for AML failings Finansinspektionen (the Swedish regulator) has…
FIAU Annual Report for 2019 – Who is filing reports?
The FIAU has just published its annual report for 2019. As usual the report includes details of suspicious transactions filed with the regulator. The initial glance show that compared to…
New Sanctions Monitoring Board Circular
How InScope can help with the recent update from the SMB
New Appointment!
InScope has a new appointment ! Recently InScope has recently welcomed Shane McMullan as AML Product Consultant. Shane joins us from a strong background across many areas of the Financial Services Industry. Shane has…
COVID-19 Delays REQ Reporting Deadline
Information surrounding FIAU press release on Covid-19 (16-03-19)
Organising your data as part of your AML-CFT Management
As expected, the launch of the new FIAU Implementing Procedures, retained section 9.5.2 (see below) that was introduced in the original consultation document. 9.5.2 Organisation and Categorisation of Records To…