Latest News
Updates on iComply & Global Digital Finance news.
Risk in Digital Assets and Cryptocurrency: What Every CIO and CCO Needs to Know
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 cryptocurrencies, such as...
Possibilities and Challenges of AML for Crypto-assets
Possibilities and Challenges of AML for crypto-assets Join PwC Luxembourg, LetzBlock and iComply for this special event! For the first time in Luxembourg, professionals and financial agencies, from both Luxembourg and abroad, will share their visions of Anti-Money...
What is a Stablecoin?
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...
FATF Guidance For a Risk-Based Approached: Virtual Assets and Virtual Asset Service Providers
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...
FinCEN Provides Further Clarification on Regulations for Virtual Asset Service Providers
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...
FATF Prepares Massive Changes for Virtual Asset Regulation
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 units, financial...