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

Kudos and a Big 'Thank You' To All the Regulators of the MTRA

 
Some of today's interesting stories from the Daily News Clippings!

September 26, 2016

McClean addresses de-risking, SDGs at UN

Sep 24, 2016 - Barbados Today.BB - Minister of Foreign Affairs, Maxine McClean, has taken Barbados' concerns over de-risking on correspondent banking activity to the United Nations General Assembly (UNGA). In her address to ... Read More...

Also See:
In UN debate, Caribbean nations spotlight negative impacts of ...
Sep 24, 2016 - India Blooms.Com

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In New Zealand, It's 'Let Them Use (More Expensive) Banks to Send Money'

KlickEx: 'Everyone knows what we're doing is not the solution'
[Video + Article] - September 23, 2016, Jenée Tibshraeny, www.interest.co.nz - Money remitter shut out by banks due to AML concerns claims it has no choice but to physically ship cash around the world . . . Read More...

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Friday, September 23, 2016

Letters From Reps. Ellison, Emmer et al. Re CSBS-MTRA report
See (Identical) Letters:

Letter to Comptroller Curry OCC re CSBA-MTRA
September 23, 2016
Letter to Chairman Metsger NCUA re CSBS-MTRA
September 23, 2016
Letter to Chair Yellen re CSBS- MTRA
September 23, 2016
Letter to Chairman Gruenberg FDIC re CSBS-MTRA
September 23, 2016

Also See the Original CSBS-MTRA White Paper:

May 24, 2016 CSBS/MTRA Media Release

May 24, 2016 White Paper on State Supervision of MSBs.

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HSBC top lawyer calls for new global anti-financial crime measures
Sep 26, 2016 - Reuters.Com - Governments worldwide should pass new laws to facilitate the sharing of information between themselves and the private sector in order to better combat financial crime, HSBC's top lawyer told a banking ... Read More...

Senate Banking Committee in Outrage Over Wells Fargo 'Fraud'
[Ongoing] - Sep 25, 2016 - Thee Poch Times.Com - Gary Feuerberg - The senators on the Senate Banking Committee in bipartisan unity denounced the sales culture at Wells Fargo Bank, and, in general, the breach of trust that is fundamental ... Read More...

Global banks join forces to establish blockchain-based payments network
Sep 26, 2016 - Econo Times.Com - Leading global banks have teamed up to establish the first interbank group for global payments based on distributed financial technology, called as the Global Payments Steering Group (GPSG). ... Read More...

Accelerating blockchain: UK regulators push ahead with regulation
Sep 25, 2016 - Tech City News.Com - Guy Wilkes - The Bank of England's FinTech Accelerator program was launched by Governor Mark Carney in June. It has seen the Bank work in partnership with FinTech firms ... Read More...
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