PEPs might be regarded as a danger for money laundering, theft of public funds, and tax evasion due to their prominent status and influence in society.
28 September 2021
Keeping records of customer identity and transactions is an essential component of Anti-Money Laundering (AML) regulations.
27 September 2021
Trusts in countries such as the Netherlands, Luxembourg, Malta, and Cyprus have the highest concentration of opaque companies, at risk of criminal activities and international money laundering.
After September 11, 2001, the fight against illicit financing for international terrorist activities has taken on greater competence and excellent results in identifying and isolating illicit financial flows directed to terrorist groups or criminal organizations in general, significantly reducing their ability to attack.
22 September 2021
The concept of Ultimate Beneficial Ownership (UBO) offers guidance to banks and companies about who they are conducting business with.
21 September 2021
When developed country G7 groups meet to address the Afghanistan situation, Britain wanted to push international leaders to adopt new penalties against the Taliban.
20 September 2021
FinTech, as well as RegTech and SupTech, can help supervisory agencies and financial institutions manage contemporary difficulties.
17 September 2021
Because Binance is under scrutiny by regulators due to claims that it operates illegal entities, all users must undergo rapid KYC verification.
15 September 2021
One of the little-known sectors that produce large flows of illicit criminal money every year is the sector of buying, renting, and reselling cars, such as new or used vehicles.
14 September 2021
Economic sanctions are defined as the cessation of established commercial and financial relationships to benefit foreign and security policy.
09 September 2021
Being one of the most common crimes stated in the 6AMLD, human trafficking can be mitigated with the help of effective AML screening programs.
08 September 2021
There are many methods to launder dirty money, many are also the businesses that are involved in this criminal circuit of laundering money, but to all this, there is an essential and simple solution: Follow the Money.
06 September 2021