By CARLO BOFFA, EU Correspondent FINANCIAL institutions have warned the EU’s Anti-Money Laundering Authority that the speed of instant payments could prevent them from complying with the agency’s guidance on real-time monitoring. The matter goes to the heart of one of the toughest challenges facing financial institutions, which must screen transactions and block those they…
LATEST: Banks and crypto firms warn AMLA that transaction speed blocks real-time monitoring
AMLA is consulting on guidelines on ongoing monitoring of a business relationship.










