EBA on fraud reporting under PSD

EBA has adopted a decision on the reporting by competent authorities of payment fraud data under the Payment Services Directive (PSD2),  via the European Centralised Infrastructure of Data (EUCLID) and according to the EBA Data Point Model (DPM)…

FinCEN updates Ransomware Advisory

FinCEN updates advisory on Ransomware and the use of the financial system to facilitate ransom payments. The advisories addressed red flags, reporting requirements, and potential sanctions risks involved in making payments in response to ransomware...