The Payment Services Bill (PSB) is an Act to provide for the licensing and regulation of payment service providers, the oversight of payment systems, and connected matters. PSB was passed in Parliament on 14 January 2019 . The PSB act shall repeal the Payment Systems...
The Monetary Authority of Singapore (MAS) has launched a consultation paper on controls against market abuse. MAS is seeking to impose new requirements to improve controls and facilitate investigations in cases of market abuse. These new requirements aim to improve...
The British-registered, Qatari state-controlled bank Al Rayan, that has been acting as a platform for extremists’ interests in Europe, is being investigated over its money laundering controls. The bank has come under scrutiny after it was revealed its client list...
Argus specializes in regulatory compliance and provides objective insights, subject expertise and a simple approach to all your compliance-related needs. Our diversified client base spans start-ups to mature businesses. We partner with our...
What was long regarded as a minor issue for Nordic banks, money laundering has become a serious area of concern in the last two years following scandals at competitors Danske Bank and Swedbank. Norway’s Financial Watchdog – FSA (Financial Supervisory Authority) has...
