One of the European Union's (EU) most important organs, the European Commission (EC) has released the third edition of its Supranational Risk Assessment Reports (SNRAs) and it covers the issues with anti-money laundering (AML) and counter-terrorism financing (CTF) more in detail than ever before.
Don’t risk your business.
The US Department of the Treasury's Office of Foreign Assets Control (OFAC) published "Sanctions Compliance Guidance for Instant Payment Systems". The guidance highlights that organizations should adopt a risk-based approach to manage sanctions risks and use innovative enforcement compliance technologies for identified risks.
The Crypto sector, which is growing day by day, carries with it financial risks, which increases the regulation needs of countries in this area in parallel.
EBA released a report that states european banking sector is vulnerable against money laundering. Organizations need to adopt a risk based approach to fight against financial crimes.
Although the United States, the UN, and other countries imposed sanctions to prevent the civil war in Ethiopia, the war continues with all its anger.
Russia takes measures to respond to the sanctions on the country while keep attacking Ukraine.