We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

Search results

Order by: most recent most popular relevance

Results:1-10 of 212

CFPB: Payday Lending Rule, New Report and MLA Concerns
  • Manatt Phelps & Phillips LLP
  • USA
  • November 27 2018

This week in news from the Bureau of Consumer Financial Protection (CFPB or Bureau), a Texas federal court granted a stay of the compliance deadline

BACK TO BASICS, CONTINUEDSo, Tell Me Again How We Became a Money Service Business?!?
  • Sirote & Permutt PC
  • USA
  • August 15 2018

Creditors are sometimes surprisedactually shockedto find out that some of their business activities result in their becoming money services

Cryptocurrency vs. Initial Coin Offerings (ICO): Different Animals, Different Regulatory Concerns
  • Dykema Gossett PLLC
  • USA
  • July 23 2018

The recent flurry of activity and press coverage, over the past 18 months in particular, concerning “initial coin offerings” (also referred to as a

Do All ICO Issuers Have to Register as Money Service Businesses with FinCEN?
  • O'Melveny & Myers LLP
  • USA
  • March 16 2018

ICO issuers commonly screen purchasers in initial token or "coin" offerings (ICOs) for anti-money laundering (AML) and "Know-Your-Customer" (KYC)

State Regulators Take First Step to Standardize Licensing Practices for Fintech Payments
  • Kilpatrick Townsend & Stockton LLP
  • USA
  • February 8 2018

Earlier this week, the Conference of State Bank Supervisors (CSBS) announced that seven states have agreed to a multi-state compact that standardizes

Central Bank of Malaysia Issues Standards for Electronic Know-Your-Customer (e-KYC)
  • Baker McKenzie
  • Malaysia
  • December 15 2017

On 5 September 2017, the Assistant Governor of the Central Bank of Malaysia (BNM) announced that BNM will issue regulatory parameters for the conduct

Gambling Commission consults on AML guidance
  • CMS Cameron McKenna Nabarro Olswang LLP
  • United Kingdom
  • August 21 2017

The Gambling Commission is consulting on potential updates to its anti-money Laundering (AML) guidance for remote and non-remote casinos. The

Significant FinCEN Action Against BTC-e, Implications for Virtual Currency Exchangers
  • Steptoe & Johnson LLP
  • USA
  • August 1 2017

The US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) assessed a civil monetary penalty of $110,003,314 against Canton

Bitcoin Exchange and Operator Charged With Money Laundering
  • Katten Muchin Rosenman LLP
  • USA
  • July 30 2017

BTC-e, a digital currency exchange, and Alexander Vinnik, who purportedly directed and supervised BTC-e's finances and operations, were criminally

FinCEN, California U.S. Attorney Assess Civil Money Penalties Against Virtual Currency Transmitter and Operator for AML Violations
  • Buckley Sandler LLP
  • USA
  • July 28 2017

On July 27, the Financial Crimes Enforcement Network (FinCEN), in partnership with the U.S. Attorney’s Office for the Northern District of California