The National Money Transmitters Association
A Rich Resource for Intelligence on the Money Transfer Industry

Today's Daily News Clippings!

Thursday - February 23, 2017 - Full Edition

Correspondent Banking, the Caribbean's financial crisis must be tackled

[Opinion] - Feb 22, 2017 - NY Carib News.Com - 'De-risking," a pre-emptive strike by global banks against many of their partners in and out of the developing world, has triggered nightmares for banking executives in Jamaica, the Bahamas ... Read More ...

ISIS breeding ground view concerns correspondent banks
[Trinidad & Tobago] - Feb 23, 2017 - News Day.Co.TT - A lack of basic regulatory frameworks and the view that this country is a breeding ground for ISIS fighters are some of the reasons local banks are concerned about how they are viewed by ... Read More ...

Also See:
Trying to Stanch Trinidad's Flow of Young Recruits to ISIS
February 21, 2017 - By Frances Robles, New York Times

Giving the FIU High Priority
[Opinion] - Feb 23, 2017 - News Day.Co.TT - The Financial Intelligence Unit of Trinidad and Tobago (FIU) recently issued its 2016 annual report on its operations for the period October 1 2015 to September 30 2016.

Operation Choke Point Meets the Trump Administration
[Opinion] - Feb 22, 2017 - Blog.Retailing.Org - Bill McClellan - At last year's super successful GA Fly-In, ERA stormed Capitol Hill in search of relief from the Obama Administration's Operation Choke Point initiative. There attendees heard from our ... Read More ...

West Virginia legislators seek to criminalize bitcoin money laundering
Feb 23, 2017 - Econo Times.Com - Legislators in West Virginia have introduced a new bill aiming to create criminal offenses relating to money laundering. West Virginia House Bill 2585 specifies two new felonies relating to: (i) Laundering criminal ... Read More ...

Also See:
West Virginia House Bill 2585
Feb 21, 2017 - Legiscan.Com - LegiScan

California Bill Would Prevent Bitcoin's Use for Charity Raffle Purchases
[Opinion] - Feb 22, 2017 - DCE Brief.Com - California State Senator tony Mendoza last week submitted a bill designed to address the regulation of organizations that conduct charity raffles in the state. Noting that existing law already ... Read More ...

Also See:
California Legislature- 2017-2018
[Bill] - Feb 21, 2017 - - LegiScan

Bank of Canada: Digital Currencies Need Regulation (Document)
[Opinion] - Feb 22, 2017 - Crowd Fund Insider.Com - JD Alois - The Bank of Canada is out with a paper that reviews the advent of digital currencies, IE Bitcoin, and how it may impact the more traditional type of fiat currency. Drawing a ... Read More ...


NMTA White Paper Released 12/15/2015
"How to Bank MSBs and Payments Companies"
   En Español:
   Recomendaciones Para Bancarizar MSBs

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