CFT

Decentralized finance, crypto staking and lending, and cross-border supervision among the five priority change areas.

The report detailed Canada’s coordination across its government and its capacity to analyze and use financial intelligence, while noting a few areas for improvement.

International transactions, crypto, and terrorist financing figure among key risks under Finansinspektionen (FI)’s AML/CFT supervision of Sweden’s financial sector.  

Crypto AML enforcement is increasingly framed as a national security issue rather than financial oversight.

Advance warning to firms recommends preparation for exams and warns of consequences in case of shortcomings in knowledge and expertise.

The broker-dealer failed to properly monitor more than 61,500 foreign currency wires after previously settling similar charges in 2018.

FIN-FSA has updated its guidance to emphasize evolving terrorist financing risks, calling on supervised entities to ensure correct risk assessment.

The final RTS establish common classification criteria for AML/CFT breaches as well as criteria for applying administrative sanctions and pecuniary penalties.