Basel Institute on Governance released the 12th Basel AML Index, assessing ML/TF risks of countries for 2023. The report publicly evaluates risk values on a scale of 1 to 10 for each country.
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Take a look at how AML compliance software can be used against asset management risks
Asset management is a field in which AML compliance must be taken seriously in order to prevent certain types of fraud and money laundering.
Basel Institute on Governance released the 11th Basel AML Index, assessing ML/TF risks of countries for 2022 using its methodology. The report publicly evaluates risk values on a scale of 1 to 10 for each country.
Identity Theft statistics, exploring the prevalence, consequences, and countermeasures against this digital threat.
Despite recent state efforts to prevent money laundering and terrorist funding, the UAE is at risk to be added to FATF's list of nations exposed to increased monitoring.
FATF has published a paper on Risk Indicators Related to Trade-Based Money Laundering to help financial institutions mitigate money laundering.
The 10th Basel AML Index has been launched to rank money laundering and terrorist financing risks around the world and provide four significant AML trends in 2021.
In order to mask their criminal activities, international criminal organizations resort to complex economic methods and schemes to conceal their illicit proceeds; one of these methods is to set up shell companies.