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Political Exposed Person Red Flag and Indicators

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

The Requirement to Record-Keeping of Customer Identity and Transactions

Keeping records of customer identity and transactions is an essential component of Anti-Money Laundering (AML) regulations.

27 September 2021

The Concealment Of The Beneficial Owner And The FATF-FAFT Guideline

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.

27 September 2021

Judicial Precautionary Measures To Mitigate Risks to AML/CFT Criminal Activities

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

Ultimate Beneficial Ownership Check Guide

The concept of Ultimate Beneficial Ownership (UBO) offers guidance to banks and companies about who they are conducting business with.

21 September 2021

Britain To Push For Sanctions On Taliban At G7 Meeting

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

Whats The Difference Between RegTech, FinTech, and SupTech?

FinTech, as well as RegTech and SupTech, can help supervisory agencies and financial institutions manage contemporary difficulties.

17 September 2021

All Binance Users Are Now Subject To Immediate KYC Verification

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

AML/CFT Regulations In the Motor Vehicle Trade

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

How Economic Sanctions Work

Economic sanctions are defined as the cessation of established commercial and financial relationships to benefit foreign and security policy.

09 September 2021

Best Practices to Prevent Money Laundering in Human Trafficking

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

The "Follow the Money" Method

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