Effective strategies and tools for identifying high-risk countries prone to money laundering and financial crime.
#enhanced due diligence (edd)
Don’t risk your business.
Simplified Due Diligence (SDD) simplifies and enhances risk assessment in business transactions, streamlining decision-making and minimizing potential risks.
Global AML regulatory body, FAFT has issued its detailed assessment report on anti-money laundering and combating the financing of terrorism in South Africa.
The importance of "active cooperation" between financial operators and financial authorities.
continuous evaluation of clients based on their risk profile is necessary to identify potential risks and ensure compliance with regulatory requirements
New Zealand has a solid AML and counter-terrorist funding CFT regime that is in line with global standards and is expected to be expanded further soon.
Difference between KYC and CDD, with KYC providing verified customer information and CDD assessing the risks associated with doing business with them.
The Netherlands is a country that has money laundering risks. Therefore, the Netherlands has comprehensive Anti-Money Laundering legislation.
The Netherlands has a considerable risk of money laundering and terrorist financing. You can find basic information about its compliance framework in this blog.