by AdrianaAMLP | Sep 5, 2025
FINMA publishes an oversight communication clarifying the disclosure of crypto-based assets in banks’ annual financial statements under its Guidance 03/2025. It confirms that previous disclosure obligations remain in force, allows banks pragmatic flexibility in...
by Jyotsna Bucktowar | Aug 13, 2025
Recognizing the limitations of traditional AML methods in permissionless, decentralized networks, the BIS suggests leveraging blockchain transparency to gauge the risk each asset poses. These risk scores—ranging from “clean” to “tainted”—would be used at...
by Jyotsna Bucktowar | Aug 4, 2025
The report highlights that many fintech firms still prioritise growth over robust AML/CFT controls, and although residual risks in traditional sectors like banking have improved, product‑ and service‑level risks are now overtaking customer risks. Calling for stronger...
by AdrianaAMLP | Jul 30, 2025
The mission of the President’s Working Group on Digital Asset Markets is to develop a cohesive and forward-looking regulatory framework that promotes responsible innovation in digital financial technologies. It is also tasked with enhancing the United States’...
by Jyotsna Bucktowar | Jul 23, 2025
OFSI released its first-ever Cryptoassets Threat Assessment raising red flags on under-reporting and highlighting crypto’s growing exposure to sanctions risk. The report highlights the increasing use of cryptoassets to evade sanctions, particularly by high-risk actors...
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