Latest AML News

LegacyFX Partners With Sum and Substance Ltd
Jan 15, 2021
Shulammite Edheri
LegacyFX has announced their collaboration with Sum and Substance Ltd., a UK based KYC and AML compliance firm, across all our platforms.
Westpac Banking Corporation has agreed to pay a record A$ 1.3 billion fines to settle AML/CTF law violations charges filed by the AUSTRAC.
In 2024, the European Union (EU) will introduce crypto regulations that will promote digital asset usage for international money transfers.
Hong Kong's Securities and Futures Commission (SFC) has fined Chinese securities firm Guotai Junan Securities HK$25.2 million ($3.25 million).
U.K.’s FCA fined the London branch of Commerzbank AG £37.8m for failing to put AML systems and controls in place between October 2012 and September 2017.
Dutch crypto firms must register with the Netherlands’ central bank by May 18 or cease operations immediately, the monetary authority said Monday.
FINMA has published the main conclusions of its 2019 annual report. In it, the regulator revealed a violation of the AML law in more than ten ICOs.
The Financial Action Task Force (FATF) has rated US’ steps against money laundering and terror financing with cryptocurrency as “largely compliant.”
Canada's financial watchdog is preparing to tighten its crypto regulations before the June 2020 deadline set by the Financial Action Task Force.
Crypto payment provider CoinPip shuts down despite strong growth potential following the launch of its crypto-to-fiat system.