Tagged: counter terrorist financing

European Banking Authority (EBA) Introduces Central Database for AML/CFT

February 1, 2022 @ 8:03 am By Omar Faridi |

The European Banking Authority (EBA) has introduced its central database for anti-money laundering and counter-terrorist financing (AML/CFT). This European reporting System for material CFT/AML weaknesses, EuReCA, will be key to coordinating ongoing efforts by relevant authorities and the EBA to prevent and combat money laundering… Read More

Read more in: Fintech, Global, Politics, Legal & Regulation, Regtech & Legaltech | Tagged aml, anti money laundering, cft, counter terrorist financing, database, eba, EU, europe, european banking authority, european union, financial reporting, financial services

European Banking Authority Publishes Document Addressing Crowdfunding and Money Laundering, Terrorist Financing Risk

March 9, 2021 @ 9:58 am By JD Alois |

The European Banking Authority has published a document that addresses anti-money laundering (AML) and counter-terrorist financing (CFT) when it comes to crowdfunding. The guidelines for crowdfunding platforms are incorporated into the Final Report “on customer due diligence and the factors credit and financial institutions should… Read More

Read more in: Global, Featured Headlines, Politics, Legal & Regulation | Tagged aml, ant money laundering, anti money laundering, cft, counter terrorist financing, eba, european banking authority, kyc