In this paper, we explore the new crypto-centric Anti-Money Laundering (AML) regulations in various geographies that are evolving to keep pace with the demand and interest in cryptocurrencies. We examine the challenges and opportunities for banks as they navigate the new landscape. We also recommend the three key areas that banks should consider for success: 

• Accelerating and developing a clear ‘value chain’ approach, distinguishing between the types of cryptoassets and those that they wish to service. 
• Embedding a risk awareness culture into new technologies and assets throughout the organization. 
• Investing in robust AML analytics and intelligence tools to fulfill regulatory requirements and mitigate risks (harnessing the underlying technology to tackle money laundering)

Contact Dr Alfie Lindsey (Risk, Sales and Trading, UK), David Turmaine (Head of Post-Trade, UK) or Owen Jelf (Global and UK Head of Capital Markets) to find out more about our comprehensive, holistic approach to assessing the new crypto-centri Anti-Money Laundering regulations in various geographies.