Tag Archive: counter-terrorist financing

Writing for Finextra, Deutsche Bank’s Christian Westerhaus believes clarity over EU FTR 2015 is needed

Effective since 26th June 2017, the EU Funds Transfer Regulation 2015 (FTR 2015) sets out to ensure the traceability of payments transactions, which is a powerful tool in the prevention, detection, and investigation of money laundering and terrorist financing. But with its implementation comes unexpected hurdles for payment service providers (PSPs). Writing for Finextra, Christian …

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Deutsche Bank publishes new whitepaper outlining the incoming EU Funds Transfer Regulation

Financial institutions and regulators require a common understanding of the EU Funds Transfer Regulation 2015’s (FTR 2015) revised scope and implications before its effective date or else they risk disruptions to transaction flows. This is according to Deutsche Bank’s newly-published whitepaper, “Funds Transfer Regulation 2015: a regional regulation with a global impact”. Applicable from 26 …

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