Anti-Financial Crime & Financial Crime Compliance
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Compliance, Crypto, Financial Crime, Financial Services, North America

NEWS: New York’s financial regulator releases new guidance for cryptos as she says AML provisions will feature heavily thru 2023

ICBC: The bank was fined by the Fed and New York State's Department of of Financial Services. Our file photo shows one of the department's mobile centers.

By AMLi Correspondent NEW YORK’S chief financial regulator released new guidance today (Monday) dictating that companies separate customers’ crypto assets from their own. It comes amid the allegation of co-mingling of funds at collapsed crypto exchange FTX and its affiliated trading firm Alameda Research led to hefty losses for clients. The New York State Department…

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