Compliance & Anti-Financial Crime
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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

CRYPTO FIRMS: New York State's Director of Financial Services, Adrienne Harris said crypto firms' compliance with anti-money laundering rules has also been "a big issue," she said, one she expects her office will continue focusing on in 2023. (File Photo of NYDFS vehicle from 2014 for illustrative purposes only)

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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