Memorandum | AMLP Forum

AMLA and ECB join forces to boost AML/CFT efforts and empower AMLA direct oversight of ‘selected-obliged entities’ including crypto firms, payment providers, and certain ECB-supervised banks

by Jyotsna Bucktowar | Jul 7, 2025

The agreement aims to enhance supervisory effectiveness, boost resource efficiency, and prevent duplication of oversight efforts. Bruna Szego, Chair of AMLA, noted that such alignment is vital to building a robust and consistent AML framework across Europe. Claudia...

AMLA signs landmark MoU with European Supervisory Authorities (EBA, ESMA, and EIOPA) to strengthen cooperation, data sharing, and supervisory alignment across prudential and AML mandates

by AdrianaAMLP | Jul 3, 2025

The MoU outlines procedures for efficient information exchange, joint oversight, and risk-based supervision, while promoting convergence in governance standards and enforcement actions. It also includes mutual observation of board meetings to enhance coordination....

FCA, BoE, PRA, and PSR revise their MoU to strengthen coordination on payment systems, aligning with NPV and enhancing fraud and digital wallet oversight through clearer roles and data sharing

by Jyotsna Bucktowar | Jun 24, 2025

The updated MoU clarifies roles, embeds data sharing, and promotes joint supervision, particularly around issues like push payment fraud and digital wallets. It also prepares for the planned consolidation of the PSR into the FCA, ensuring a seamless transition while...

CBUAE signs MoU with China’s CIPS to modernise payments, boost cross-border cooperation, accelerate transactions, and reduce fraud, sanctions breaches, and illicit finance risks

by Jyotsna Bucktowar | Jun 19, 2025

This move aims to strengthen financial ties between the UAE and China and facilitate smoother, more cost-effective payments. However, as the volume and complexity of RMB transactions grow, so do the challenges associated with monitoring and preventing financial crimes...

US Attorney General’s Memorandum on ‘Total Elimination of Cartels and Transnational Criminal Organisations’, outlines key policy shifts, including the disbanding of the KleptoCapture Task Force

by Jyotsna Bucktowar | Feb 5, 2025

Among the changes are directives to (1) eliminate the KleptoCapture Task Force and the Kleptocracy Asset Recovery Initiative (KARI); (2) prioritize Foreign Corrupt Practices Act (FCPA) and Foreign Extortion Prevention Act (FEPA) investigations that are related to...

AMLA and ECB join forces to boost AML/CFT efforts and empower AMLA direct oversight of ‘selected-obliged entities’ including crypto firms, payment providers, and certain ECB-supervised banks

AMLA signs landmark MoU with European Supervisory Authorities (EBA, ESMA, and EIOPA) to strengthen cooperation, data sharing, and supervisory alignment across prudential and AML mandates

FCA, BoE, PRA, and PSR revise their MoU to strengthen coordination on payment systems, aligning with NPV and enhancing fraud and digital wallet oversight through clearer roles and data sharing

CBUAE signs MoU with China’s CIPS to modernise payments, boost cross-border cooperation, accelerate transactions, and reduce fraud, sanctions breaches, and illicit finance risks

US Attorney General’s Memorandum on ‘Total Elimination of Cartels and Transnational Criminal Organisations’, outlines key policy shifts, including the disbanding of the KleptoCapture Task Force

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