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

Some of today's interesting stories from the Daily News Clippings!

August 25, 2016

In fight against money laundering and terror finance, 'the emperor wears no ...

[Opinion] - Aug 24, 2016 - Congress-Blog - John A. Cassara - Unfortunately, the metaphor could well be used to describe our efforts against international money laundering.  The overwhelming majority of observers are unwilling ... Read More...

Customer Identification Programs, AML Programs, and Beneficial Ownership ...
[A Proposed Rule] - Aug 25, 2016 - Federal Register.Gov - FinCEN is issuing this proposed rule to implement section 326 of the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism ... Read More...

{Note: - This document has a comment period that ends in 60 days (10/24/2016)}

Minister warns of economic impacts of de-risking
[Opinion] - Aug 24, 2016 - St Lucia News Online.Com - Given the fact that de-risking is becoming an increasing concern, Minister within the Ministry of Finance Dr. Ubaldus Raymond has said  that Saint Lucia and the rest of ... Read More...

The Banking Regulator's Dilemma
[Opinion] - Aug 24, 2016 - The Financial Brand.Com - Brett King - Modern financial regulation needs to encourage disruptive innovation without allowing unacceptable risks. Implemented correctly, it can result in transformational advancements ... Read More...

Public Banks Could Break the Impasse Over Marijuana Money
Aug 24, 2016 - Truth-Out.Org - Marc Armstrong - With nearly a dozen state initiatives legalizing recreational marijuana on the November ballot, the market for legalized marijuana is certain to expand. But, because marijuana continues ... Read More...

Financial Institutions to test Utility Settlement Coin
Aug 25, 2016 - Brave New Coin.Com - Luke Parker - Deutsche Bank, Santander, ICAP, BNY Mellon, UBS, and Clearmatics recently announced plans to test UBS' Utility Settlement Coin (USC) in a real-world market environment. ... Read More...

Industry Report: Asia Continues to Dominate in Bitcoin and Beyond
Aug 24, 2016 - Bitcoinist.Net - Sales in China grow as Asia dominates ecommerce, a new form of malware finds its way onto Mac computers, and you'd better not visit a blocked site in India. Want to catch up on your latest digital currency ... Read More...
NMTA Logo


---
NMTA White Paper Released 12/15/2015
"How to Bank MSBs and Payments Companies"
   En Español:
   Recomendaciones Para Bancarizar MSBs

---
Individual Membership Application

$295 per year
(Resource Pages / Research-On-Demand)

---
3-Day Trial NMTA Membership
(Grants Access to the Resource Pages)
---
Sign up for the NMTA Daily News Clippings

If you find the DNC useful and would like to support the work, click here to take a Sustaining ($145) or Supporting ($45) Subscription. Thank you!
---
"I start all my research on the NMTA Resource pages." -A Compliance Professional and NMTA Member
---
"David: you provide great coverage of the MSB area and all that closely surrounds it. I learn all the time. Thanks!" - A DNC Reader