Financial institutions must collaborate to combat money laundering - First Deputy Governor, BoG

With a limit on cash payments for services, the right to a business checking account and the possibility of more data sharing between banks and the government, the government wants to achieve more balance in the approach to money laundering. Minister Heinen (Finance) hopes to reduce the regulatory burden for the sector and citizens.

BioCatch appoints Andreas Dombret to aid global expansion

BioCatch appoints Andreas Dombret as senior advisor to boost global growth and fight financial crime with innovative technology.

UK financial services provider Sends attended the Capital Market Summit 2025 at Madinat Jumeirah in Dubai, which brought together global thought leaders and regulatory experts to discuss developments in capital markets and financial technology.

Financial institutions must collaborate to combat money laundering - First Deputy Governor, BoG

The First Deputy Governor, Dr Zakari Mumuni has called for collaboration among financial institutions to combat the threats of cyber-attacks, money launder­ing and terrorist financing. “Collaboration is not optional. No single institution, no matter how large or well-resourced, can face these threats alone. We must share intelligence, align standards, and develop resilient systems to protect the integrity of our industry and the trust of those w…

President Nayib Bukele announced that he would send to the Legislative Assembly a proposal for a Law on Foreign Agents, whose main objective is to make transparent foreign financing, whether direct or indirect, of activities carried out in El Salvador. The initiative will not affect social organizations or donations from foreign allies or friends that directly benefit the Salvadoran population. These contributions will not be subject to any kind…