Regulators are addressing the growing threat of transnational cybercrimes in the financial industry.
Counter Terrorism Financing News
FinCEN is preparing to modernize its AML requirements for financial institutions to greater respond to the dynamic threats posed by “illicit finance.”6860
A U.S. circuit court has concluded its review of a terrorism financing case that begin in 2010, saying that the NSA's phone tapping was illegal but that it was a minor part of the evidence.2817
G20 member countries will reportedly meet to discuss international cryptocurrency anti-money laundering regulation in June in Fukuoka, Japan.10870
The U.S. House of Representatives has passed a bill that would establish a task force to combat terrorist use of cryptocurrencies.7799
The State Duma of Russia is considering a draft of federal law ‘On Digital Financial Assets’, echoing the KYC requirements of US crypto exchanges.24109