When a sanctions screening platform is configured to test every name against well over a thousand watchlists, it is rarely described as a failure of compliance. It is described as thoroughness. The instinct runs deep across the financial system: more lists mean more coverage, more coverage means less risk, and less risk means a defensible position. Yet on 11 June 2026 the Court of Justice of the European Union exposed the flaw in that instinct, and it did so through the small

The European Banking Authority has issued a new Decision designed to simplify how national authorities report SEPA data to EU institutions, marking a practical but important step in the implementation of the bloc’s instant payments regime. Published on 10 April 2026, the measure creates a single reporting channel from National Competent Authorities, or NCAs, to the EBA, which will then transmit the information to the European Commission. The move is intended to reduce duplica

As geopolitical tensions intensify and sanctions become an increasingly prominent tool of foreign policy, multinational organisations are...

The European Supervisory Authorities (EBA, EIOPA and ESMA) have jointly issued a stark warning to the financial sector, highlighting the...

The Justice Department announced today that it entered into an agreement to share $50 million in forfeited assets with the Republic of...

In the year 2006, controversy shrouded talks of Romania and Bulgaria’s possible accession into the European Union (EU) on New Year’s Day...

In an increasingly complex regulatory environment, keeping abreast with regulatory changes and rules are crucial. It directly impacts...

There has been a lot of controversy about the impending regulation on strong customer authentication under the second Payments Services...