Sanction Scanner Blog

Cryptocurrency Regulations in The United Kingdom (UK)

In the UK, the Financial Conduct Authority (FCA) assumed oversight of the cryptocurrency's anti-money laundering (AML) and counter-terrorism financing (CTF) activities.

Overview of the Insurance Industry's AML Compliance

The insurance industry all over the world faces money laundering risks. Due to large fund flows through the insurance industry, insurance companies have to comply with AML regulations.

Disclosure and Implementation of 5AMLD

5AMLD seeks to harmonize 4 AMLDs with modern trends and technologies and to strengthen existing rules on transparency and cooperation between financial authorities.

Importance of Transaction Monitoring Software for AML

In this Digital Age, online areas operate quite a lot within the scope of financial transactions. Money laundering activities are increasing so AML transaction monitoring analytics is in higher demand than ever.

What You Need to Know About Regulations of Cryptocurrency

Regulations regarding cryptocurrencies are increasing year by year such as AML regulations.

EU Regulations And Directives

5AMLD of 2018 has promoted the possibilities to develop technologies that can be used to ensure the electronic remote verification of identity.

The Results of FATCA on Foreign Accounts

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 the US.