The EU's inability to finalize sanctions against Belarusian officials for violating human rights may indicate that the presence of Britain, which has already imposed restrictions on President Alexander Lukashenko, is missed in the bloc, sources told ACAMS moneylaundering.com.
The number of suspicious transaction reports filed by payment services providers and electronic money institutions jumped in Belgium as a result of Britain's exit from the EU and prompted Belgian authorities to increase their vigilance over the sector.
If the U.K.'s planned exit from the EU has complicated the lives of bankers, perhaps they can enjoy a little schadenfreude at the expense of the frequent bogeyman of their profession: bank regulators, who must now supervise the partial or wholesale relocation of scores of financial institutions.
U.K. officials plan to bring cryptocurrency firms, including third-party exchanges as well as peer-to-peer platforms, under anti-money laundering standards "significantly beyond" those mandated by the European Union.
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