AML

With the world becoming ever more connected and linked in an unlimited number of ways, money laundering is continuing to grow in presence and stature.

Earlier this year, the Financial Action Task Force adopted amendments to Recommendation 24 – one of its 40 recommendations that govern global AML policy – making changes to Ultimate Beneficial Ownership. How will this impact your company?

The UK government has revealed it is planning to scale back its requirements for gathering data from both the senders and recipients of crypto sent to unhosted wallets.

The automatic verification of someone’s ID is undoubtedly the first building block in the onboarding process of a digital customer. However, what is needed in this process and what should you be looking for in a tool? 

Bank Negara Malaysia (BNM) has teamed with a number of key stakeholders in the financial industry and legal world to take on financial fraud and scams.

RegTech firm Sentinels has been appointed by payments FinTech kevin. to handle transaction monitoring compliance for the company.

With more people than ever now using the internet, the threshold for identity fraud has increased dramatically.

The Cyprus Securities and Exchange Commission (CySEC) has launched a new online beneficial ownership register with the aim of fighting money laundering.

In a world where financial crime and money laundering are becoming ever more common and widespread, the need to have strong and regular KYC checks has become imperative.

Deutsche Bank has revealed its Frankfurt headquarters were recently raided by German prosecutors in link to a money laundering probe.