Back to news and insights
Article

Banks' AML travails suggest a tough road ahead for cryptoassets

October 1, 2021

Published in The Banker

What are the concerns for regulators over cryptocurrency?

With concerns ranging from investor protection to money laundering, terrorist financing and the environment, regulators have been flexing their muscles, signalling intent to police cryptocurrencies and clamp down on those committing or facilitating unlawful behaviour.

As the growing industry is increasingly granted legitimacy by various US states, private-sector companies and high-profile entrepreneurs, businesses will have to adapt and evolve accordingly. When it comes to anti-money laundering (AML) efforts, the example presented by the banking sector may make life difficult for crypto operations.

Read more here.

No items found.
Article

The False Claims Act (FCA) Enforcement – Healthcare

June 11, 2025
Article

Ofcom’s Online Safety Act multiplies companies’ penalty risk exposure

June 16, 2025
Article

How to design a robust investigations programme

June 10, 2025
Article

How to demonstrate the effectiveness of your internal controls for fraud prevention

June 16, 2025