2023 - 2024 Financial Crime & Compliance Report
Sanction Scanner's 2023 Annual Report delves into the financial landscape, focusing on fraud, AML, and CFT.
Key highlights include analysis of regulatory updates like 6AMLD, FinCEN Final Rule, and Crypto Asset Market Regulations, showcasing their vital role in fighting financial crimes.
The report emphasizes the synergy of automation, AI, and regulatory technologies to boost AML efficiency.
It addresses the need for heightened regulatory awareness amid the cryptocurrency surge, citing compliance challenges with cases like Tornado Cash and Bitzlato.
The escalating threat of cyber attacks, and fraud calls for a unified fraud management approach, centered on regulatory frameworks, collaboration, and adaptability.
Dive into the intricate dynamics of 2023 with the Financial Crime and Compliance Report.