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Weekly Roundup: EU Doubts FATF, SEC Drops Coinbase Case, and More

The EU and Financial Action Task Force differ sharply in their respective ratings of the quality of Iraq's laws, regulations and enforcement against illicit finance, records obtained by ACAMS moneylaundering.com show. More FATF added Laos and Nepal to a "gray list" of countries with subpar defenses against illicit finance, and removed the Philippines, moneylaundering.com reported. More Coinbase announced that the Securities and Exchange Commission has agreed to drop a lawsuit against the global cryptocurrency platform amid a broader potential rollback of regulatory enforcement, The New York Times reported. More JPMorgan Chase, one of three U.S. banks accused by the Consumer...

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