Ireland and the EU 4th &5th Anti-Money Laundering Directives
In this paper we explore the key changes brought by the EU 4th Anti-Money Laundering (AML) Directive and the proposed changes in the EU 5th AML Directive as well as how these will impact the Financial Institutions (FIs) operating in Ireland.
OTHER WHITEPAPERS
Successful Transaction
Monitoring:
Overcoming Challenges
Through Collaboration
In this paper, we take a closer look at the numbers relating to payments, transactions, and the world of compliance to help explain why some of the current transaction monitoring technologies and operational controls struggle to identify illicit activity. We then look at the role of technology and what future developments will bring to transaction monitoring.
The FCA chose 5pm on the Friday before the Spring Bank Holiday weekend to launch its latest initiative to tighten control on payment service providers (PSPs) and electronic money institutions (EMIs). Read our briefing notes here...
The Anatomy of Money Laundering Risks Associated with PSPs and How to Mitigate Them
PSPs emerged during the internet boom of the late 1990s and early 2000s. Early players such as Alipay and PayPal established China and the USA as the global centres for these technologies. However, in recent years and with the huge increase in mobile technology and other growth industries such as iGaming, the PSP market has turned into a truly global industry and is showing exceptional growth in European jurisdictions such as Malta and Estonia.
