Financial Action Task Force
Central Banking Awards 2024: fourth round announced
BIS wins Green initiative award; other awards go for currency, CBDC and AML systems
Panama supreme court rejects crypto law
Judges agree draft law has unconstitutional provisions and was improperly passed
FATF finds global crypto AML failures
Most jurisdictions “struggle with fundamental requirements”
Sarb sounds alarm on sanctions risk
Central bank says country could face financial isolation if US thinks it arms Russia
Belize to create AML/CFT exception to central bank confidentiality
Proposed law would also require rules against conflicts of interest
Kganyago calls for lower inflation target and tighter policy
Sarb governor urges reform of South Africa’s troubled transport and electricity sectors
US Treasury releases defi risk assessment
Lax adherence to AML/CFT requirements allows criminals to launder money
UAE grants licence to Russian bank
US voices concerns over sanctions evasion and threatens action against facilitators
Bank of Jamaica to regulate non-bank sector after fraud scandal
Central bank takes over from commission after alleged crime that targeted Usain Bolt
Bo Bo Nge in hands of ‘arbitrary’ regime
Jailing of reform-minded central banker is “attack on central bank governance globally”
Banknotes: October to December 2022
A round-up of news and salient issues that have affected central bankers in the past three months
FATF puts Myanmar on money-laundering blacklist
Move may increase economic pressure on military junta as currency crisis grows
Myanmar may go on money laundering blacklist, report says
Opposition calls on New York Fed to unfreeze Myanmar assets to back proposed digital currency
Banknotes: July to September 2022
A round-up of news and salient issues that have affected central bankers in the past three months
Gontareva on Ukraine’s funding, NBU policy and reconstruction
Former NBU governor Valeria Gontareva speaks about donor funding shortfalls, NBU policy and financial stability challenges, Nabuillina and the seizing of Russian assets, and post-conflict rebuilding and modernisation
Panama’s president vetoes parts of crypto law
Bankers’ association also opposes law, which president says lacks AML protections
Philippines central bank announces wholesale CBDC pilot
“Project CBDCPh” will test large transactions at limited number of institutions
Paraguay legislative committee rejects crypto law
The central bank issued strong objections to the law, which passed the upper house in December
Regulators race to curb crypto asset money laundering
Crypto assets are increasingly used as vehicles for money laundering, but regulating them is not necessarily straightforward
US regulators call for new stablecoin regulations
Working group wants issuers to be insured and regulated like banks
Bitcoin becomes legal tender in El Salvador
Observers warn move could further destabilise the fragile Salvadoran economy