Republicans Decry ‘Choke Point 2.0’Getty Images
Europol Quantum Safe Financial Forum Urges Financial Institutions to Combat Emerging Threats
The EU Agency for Law Enforcement Cooperation’s Quantum Safe Financial Forum issued a call to action during an event on Feb. 7, 2025, which urges financial institutions and policymakers to prioritize to transition a quantum-safe cryptography to protect the financial system.
CFTC Announces Plans to Launch Digital Asset Markets Pilot
The Commodity Futures Trading Commission announced plans to host a forum of CEOs from crypto-industry firms to discuss the launch of a digital asset markets pilot program for tokenized non-cash collateral such as stablecoins.
FDIC Acting Chairman Urges FinCEN to Modernize Customer Identification Rules
Travis Hill, the Acting Chairman of the Federal Deposit Insurance Corporation, penned a letter to the director of the Financial Crimes Enforcement Network to request accelerated updates to Customer Identification Program requirements.
OFAC Adds 18 Entries to SDN List, Retires RSS Feed
The Office of Foreign Assets Control of the U.S. Treasury Department issued a notice concerning the addition of six individuals, nine entities, and three vessels to the Specially Designated Nationals List with respect to Iran and counter terrorism issues.
In this episode of Financial Crime Matters, Michael Bruno, an AML manager at the U.S. Postal Inspection Service, and Kieran Beer, editor in chief of ACAMS moneylaundering.com, discuss efforts to combat check fraud and money laundering.