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Weekly Roundup: US Treasury Warns VASPs, EU PEP List Gets Mixed Reviews, and More

U.S. Treasury Deputy Secretary Wally Adeyamo warned virtual asset service providers, or VASPs that they will lose access to the U.S. financial system if they fail to prevent terrorists and criminals from using their platforms, Reuters reported. More and More The EU's newly published list of public offices whose current and former holders automatically qualify as politically exposed persons will help smaller lenders meet their AML obligations but be of little use to large banks, analysts told ACAMS moneylaundering.com. More The U.S. Senate Judiciary Committee voted to subpoena records from billionaire Republican donor Harlan Crow and conservative judicial activist Leonard...

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