News

Members of the U.S. House Financial Services Committee unanimously approved legislation that would give limited liability companies and other legal entities more time to submit the personal details of their beneficial owners to the Treasury Department. More The U.K. Financial Conduct Authority found no evidence that banks have denied services from customers for political reasons on a widespread basis, ACAMS moneylaundering.com reported. More The former head of the FCA said at an industry conference that regulators previously faced pressure from ministers to approve licenses for major cryptocurrency exchanges now under criminal investigation in the United States, the Guardian reported. More...