by admin | Nov 25, 2019 | Blog, News & Events
Debunking the Top 5 Myths of KYC Programs Know Your Client, better known as KYC, is the process of gathering sufficient information about an individual, user, or entity to identify whether they represent any risks, including AML (anti-money laundering) and CFT...
by admin | Sep 10, 2019 | Blog, iComply Insights, Masterclass, News & Events, Press Releases, Webinars
Live Webinar: What Financial Institutions Need to Know About Cryptocurrency Date: Wednesday, September 18, 2019, 11 am -12 pm EST Public blockchains – and the cryptocurrencies running on them – are here to stay. Capital flows through...
by admin | Jul 15, 2019 | iComply Insights
Did You Know: Stablecoins What is a Stablecoin? A stablecoin is a digital token that is backed by real assets such as fiat currency, with the intention being to reduce volatility. In the investment world, the term “real assets” means physical things such as real...
by admin | Jun 24, 2019 | iComply Insights, Updates
The Financial Action Task Force (FATF) first began weighing in on Cryptocurrency and Virtual Assets in June, 2014. In 2015 the FATF’s guidance was focused on the interfaces between fiat currency and virtual currency. Since that time, the FATF and its 39 member...
by admin | May 10, 2019 | iComply Insights, Updates
On May 9th, 2019, FinCEN released interpretive guidance on how existing regulations impact cryptocurrencies, which are referred to as Convertible Virtual Currencies. While the “guidance does not establish any new regulatory expectations or requirements,” it does...
by admin | May 10, 2019 | iComply Insights, Updates
During May 6-10, 2019, the FATF (Financial Action Task Force) held a private sector consultation on new AML policies related to “virtual assets” and “virtual asset service providers.” Representatives including regulators, financial intelligence...
