The Payments Association

JUNE 20, 2025

What began as a determined venture, with no external backing and plenty of resolve, has matured into a consultancy known for its depth, discretion, and dependability in navigating financial crime, compliance and operational risk.

Travel Rule 88

Travel Rule Wire Transfer Financial Crimes Compliance 88

Global Fintech & Digital Assets

JANUARY 8, 2024

By Simon Hawkins and Adrian Fong On 27 December 2023, the Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) released a consultation paper on their legislative proposal for a regulatory regime governing stablecoin issuers in Hong Kong (Consultation Paper).

Stablecoins 59

Stablecoins Consulting Issuers Non-Bank 59

Neopay

NOVEMBER 27, 2023

The European Banking Authority (EBA) has launched a public consultation on new Guidelines on preventing the abuse of funds and certain crypto-assets transfers for money laundering and terrorist financing purposes. The consultation runs until 26 February 2024. The deadline for the submission of comments is 26 February 2024.

Money Laundering 52

Money Laundering Consulting Finance Travel Rule 52

Fintech News

FEBRUARY 27, 2024

Japan Japan, as a forerunner in the adoption of customised cryptocurrency regulations, rolled out both the Travel Rule and stablecoin regulations in June 2023. As we look towards 2024, the dual focus on fostering growth in the digital asset sector while ensuring consumer protection is expected to remain a key theme in Malaysia.

APACS 130

APACS Regulations Stablecoins Cryptocurrency 130

Neopay

MAY 7, 2024

This includes references to the travel rule and updates to sections on risk assessment and fraud. The consultation period for these proposed updates closes on 27 June 2024. We encourage our clients to actively participate in the consultation process and share their feedback.

Financial Crimes 52

Financial Crimes Crime Risk Assessment Money Laundering 52

Fintech News

JANUARY 24, 2024

Further highlighting Singapore’s changing stance towards crypto businesses, several new rules have been introduced this year, which forbid DPT service providers to promote their services to the general public and require crypto service providers in the city-state that only do business overseas to be licensed regardless.

Service Provider 98

Service Provider Cryptocurrency Payments Institute Blockchain 98

Neopay

JANUARY 25, 2024

The EBA has published Guidelines on risk-based AML/CFT supervisors of crypto-asset service providers (CASPs) and is currently consulting on the new Guidelines to prevent the abuse of fund and crypto-asset transfers for ML/TF purposes (the ‘Travel Rule Guidelines’), and on Guidelines on internal policies, procedures and controls to comply with (..)

Service Provider 52

Service Provider Risk Due Diligence Money Laundering 52