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Payment services and AML directives address regulatory challenges with third party providers (SWIFT - Society ...

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(Source: SWIFT - Society for Worldwide Interbank Financial Telecommunication SCRL) New academic research from the SWIFT Institute analyses the latest payments regulations, identifying gaps and consequences with recommendations to help clarify new policies. Brussels, 23 November 2015 - The SWIFT Institute announces the availability of a new paper analysing the regulation of third party payment (TPPs) providers and virtual currencies. The paper, entitled '', critically assesses current legislation and ongoing legislative initiatives for their inclusion of TPP's. It also sets out the potential for the regulation of cryptocurrency in terms of combatting money laundering and terrorist financing....

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