The IIF has published an updated White Paper concerning issues for effectiveness and international coherence in financial crime reform efforts underway in the European Union.
In this paper, the Institute of International Finance and Deloitte Transactions and Business Analytics LLP highlight four areas of focus where continued reform could build on the good work and progress already underway globally to help improve the effectiveness of the anti-financial crime framework.
The IIF’s Machine Learning Governance Detailed Survey Report details the results of our comprehensive survey on the end-to-end governance of the machine learning development and implementation process within the global financial services industry.
The IIF has provided comments on the US Financial Crimes Enforcement Network Advanced Notice of Proposed Rulemaking on AML Program Effectiveness.
The IIF Regulatory Affairs Department is pleased to share a comprehensive summary of the key regulatory and policy discussions that took place during the IIF’s 2020 Annual Membership Meeting.
With the criticality of Digital Identity underlined by the pandemic and recent economic shifts, we discuss the opportunities to support SMEs in the digital economy and promote financial inclusion, and the importance of enabling interoperability.
Building on the IIF’s previous work in this area, the paper endeavors to address the continued criticality of improving economic and financial crime risk management by facilitating the increased sharing of information on financial activity linked to crime and terrorism.
The September 2020 IIF Global Regulatory Update provides updates on current work streams.
The IIF and the Wolfsberg Group responded to a consultation of the European Banking Authority on de-risking in financial services.
The IIF and the Wolfsberg Group responded to a FATF consultation on amendments to FATF Recommendation 1 and its Interpretative Note.
The IIF has submitted a response to a consultation of the European Commission on an Action Plan for a comprehensive Union policy on preventing money laundering and terrorist financing.
The IIF has responded to the consultation of the European Commission on the mandate for Europol.
The IIF submitted comments to the European Banking Authority on their recent consultation on money laundering and terrorist financing risk factor guidelines.
This IIF Staff Paper examines what the European Council will prioritize in the second half of this year. Although Berlin had drafted an ambitious program – transitioning to a greener economy, boosting digitalization, reforming migration policy and redefining the bloc’s relationship with the UK as well as China – the German Presidency will now instead prioritize tackling the challenges of the COVID-19 pandemic.
John Collins of FS Vector joins FRT to discuss the Libra White Paper 2.0 and key updates in the initiative, against the backdrop of various developments with central bank digital currencies (CBDCs).
Robert Priester, Chief European Representative and Regulatory Counsel at the IIF, speaks with Martin Merlin, Director, DG FISMA, European Commission.
This IIF Staff paper outlines examples of financial crime typologies the industry and law enforcement are currently seeing, in light of the COVID-19 pandemic, in order to ensure collective awareness of new and emerging threats.
Libra’s refreshed white paper provides for a series of single-currency coins and greater regulatory oversight, but still leaves questions on KYC, monetary sovereignty for EMs, and the role of Facebook.
The April U.S. Regulatory Update covers U.S. regulators’ responses to COVID-19, the CARES Act, the recent FSOC meeting, the Fed’s stress capital buffer and CCAR announcements, and more.
The IIF responded to the European Commission’s recent consultation on a roadmap for changes to the Union’s AML/CFT framework.