Sanction Scanner Blog

3 Most Important AML Compliance Laws You Need in 2020

While financial crimes pose a threat to the whole world, AML regulations and laws are updated every day. Local and global AML regulators around the world aim to combat financial crimes.

How AI and Machine Learning Help Prevent Money Laundering?

The war between the various financial sectors and money laundering has led financial institutions to set up technologically intelligent weapons.

A Guide to Anti-Money Laundering for 2020

Many financial institutions are worried that digitization will greatly increase the risk of money laundering and fraud. In this article, the Sanction Scanner addresses the regulatory requirements for money laundering through Regulatory Roadmap.

EU Regulations And Directives

AML Compliance, The European regulation for companies, and users from illegal transactions protective is Money Laundering Directive (6AMLD), which was adopted in the 2015th It is the main legal instrument to prevent the use of the Union's financial system for the purpose of money laundering and terrorist financing.

The Results of FATCA on Foreign Accounts

The Foreign Account Tax Compliance Act, also known as FATCA, is a federal law in the US that demands all American citizens report to the IRS details of any financial accounts if they have any accounts outside ...

What is The Bank Secrecy Act (BSA)?

The Bank Secrecy Act (BSA) is the United States of America’s most crucial anti-money laundering regulation.

Counter-Terrorist Financing and Technology

Financial crimes and the financing of terrorism have become an important global problem. With the development of technology, criminals commit crimes with new methods. It's getting harder to fight these financial crimes. Financial crimes ...