The Financial Action Task Force (FATF) revises regulations on virtual asset transfers and cross-border payments

The global money laundering and terrorist financing watchdog and intergovernmental body FATF published new requirements for cross-border payments and virtual asset transfers. The renewed rules aim to improve transparency and reduce fraud and error in international payment messaging.

Read the full Pekin Bayar Mizrahi article, "FATF Revises Its Standards Regarding Virtual Assets and Cross-Border Payments."