The National Money Transmitters Association
A Rich Resource for Intelligence on the Money Transfer Industry

Today's Daily News Clippings!

Thursday - January 18, 2018 - Full Edition

BAZ bemoans loss of correspondent banking
[Opinion, Zimbabwe] - Jan 18, 2018 - Herald.Co.Zw - Kudzanai Sharara - The loss of long standing correspondent banking relationships by leading global banks is beginning to pose significant risks to the country's efforts to finance ... Read More ...

PSD2: The Second Payment Services Directive ...
[From Dec 12, 2017] - Eur-Lex.Europa.Eu - In recent years, significant progress has been achieved in integrating retail payments in the Union, in particular in the context of the Union acts on payments, in particular through Directive 2007/64/EC of the ... Read More ...

Also See:
Technical Standards on the EBA Register under PSD2
Dec 13, 2017 - The European Banking Authority (EBA) published today its final draft regulatory technical standards (RTS) and implementing technical standards (ITS) on the EBA electronic central register ...
 
It appears Europe will soon have a centralized, complete and authoritative list of all its payment services providers, who can passport their licenses, and span 27 countries with a combined population of 743 million. -Ed.

FXCintel: A big decision looms...
[Newsletter] - Jan 2018 - FXCintel - Moneygram announced this week they are moving their European HQ from London to Brussels. Due to continuing Brexit uncertainty and concerns over UK financial passporting rights into Europe ... Read More ...

US Financial Crime Fighters Eye Overseas Virtual Currency Platforms
[Ongoing Story] - Jan 17, 2018 - VOA News.Com - Financial crime fighters at the U.S. Treasury are "aggressively" pursuing virtual currency platforms that lack strong internal safeguards against money laundering, a top official told a Senate panel ... Read More ...

Also See:
FinCEN to Target Both Local and Foreign Crypto ...
Jan 18, 2018 - Crypto Vest.Com - Maryam Manzoor

U.S. Treasury Sees Virtual Currencies as 'Evolving Threat'
[Opinion, Video] - Jan 17, 2018 - Bloomberg.Com - Saleha Mohsin
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