Archives

Regulatory Watch News

• 

  Adoption of the revised EBA guidelines on money laundering and terrorist financing risk factors

  CSSF

  April 8, 2025

  These amending Guidelines complement the Guidelines on ML/TF risk factors by addressing the specific risks associated with crypto-assets and crypto-asset service providers (“CASPs”) and by providing for measures that CASPs and other credit and financial institutions should take to manage these risks.

• 

  Nearly a quarter of young adults admit to bank loan fraud – Cifas research

  CIFAS

  April 8, 2025

  • Latest research underpins consumer ‘acceptance’ of first party fraud
  • 12% of adults say they or someone they know have deceived their bank
  • Warning that fraud rules may unintentionally encourage more dishonest claims

  Around 1 in 4 (24%) 25-34-year-olds have either lied to their bank or know someone who has in the last 12 months, claiming a loan has been fraudulently applied for so they avoid repayments. That’s according to the latest Fraud Behaviours Survey findings from UK-leading fraud prevention service, Cifas.

• 

  Croatia: EPPO conducts investigative measures in probe into abuse of position and authority at Ministry of Foreign and European Affairs

  European Public Prosecutor's Office

  April 8, 2025

  (Luxembourg, 8 April 2025) – The European Public Prosecutor’s Office (EPPO) in Zagreb (Croatia) and  the Office for the Suppression of Corruption and Organised Crime (USKOK) are jointly carrying out urgent evidence collecting activities today, in an investigation into possible illegal use of funds at the Ministry of Foreign and European Affairs.