Sanction Scanner Blog

The Pandora Papers Investigation And The Newly Proposed US Enablers ACT Legislation

The latest developments and investigation details on the Pandora Papers Scandal.

20 October 2021

The Impact of Rising KYC & AML Regulations in Europe

The European regulatory environment has transformed in recent years, with an increasing number of rules coming into force in fast succession.

15 October 2021

Money Laundering Regulations After September 11 Attacks

It's almost a month since the 20th anniversary of the terrorist attacks of September 11, 2001, to commemorate the memory of all those who died in the aftermath of the attacks 20 years ago.

08 October 2021

Scandal of 12 Million Documents: Pandora Papers Leak

Pandora Papers, reporting the financial transactions of world-famous leaders and politicians, has emerged. These documents, obtained from 14 different sources, revealed many scandals with 2.9 Terabytes of information.

04 October 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

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

6AMLD Money Laundering 22 Predicate Offenses

The definitions of money laundering offenses are standardized among member states under 6AMLD, and a list of 22 predicate offenses is established.

25 August 2021

New European Due Diligence Guidance Published

Due diligence guidelines for Financial institutions to minimize the risk of forced labor in their supply chain operations were issued on July 12th.

23 August 2021

Difference Between Sanction and Embargo

Sanctions and embargoes are political trade barriers designed to change a country's or regime's behavior and actions.

19 August 2021

Cryptocurrency Regulations in Japan

Being referred to as a constantly developing Cryptocurrency "hub" of Asia, Japan has modified its "crypto-asset" rules.

12 August 2021