4 days ago
including identity verification. The platforms will have to apply for registration in order to offer their services. The new measures come with the latest update of the EU Anti-Money Laundering Directive*.
European officials claim they are introducing the measures partly in response to the terrorist attacks of 2015 and 2016 in Paris and Brussels, as well as the Panama Papers leaks. “Criminals use anonymity to launder their illicit proceeds or finance terrorism,” said Krišjānis Kariņš,
* Public access to information on real owners of firms**
2 days ago
Bank of England 'dangerously ill-equipped' for next recession, says IPPR
Thinktank warns of a ‘car crash’ as low interest rates mean further cuts to stimulate demand would not be an option
According to the Institute for Public Policy Research (IPPR),