The key steps to an effective sanctions screening policy
When it comes global AML regulations, sanctions screening is an imperative part of it and plays a huge role in the fight against money laundering and terrorism.
Key European money launderer arrested in Spain
One of the biggest money launderers in Europe was arrested last week following an international law enforcement operation led by the Spanish Guardia Civil.
Danske Bank fined €1.8m by Central Bank of Ireland
The Central Bank of Ireland has fined Danske Bank €1.8m for three breaches of the Criminal Justice Act 2010.
How companies should screen for PEPs and RCAs
RegTech firm Sentinels recently underlined how companies should screen for politically exposed persons and relatives and close associates.
ECB to reign in crypto with regulatory framework
The European Central Bank (ECB) has released its intentions to form a crypto regulatory framework that aims to make how banks offer crypto assets more consistent.
Eventus teams with AirCarbon Exchange to support trade surveillance
Trade surveillance and market risk solution developer Eventus will provide AirCarbon Exchange with its technology as part of a new partnership.
Why US’ sanctions on Russia are a compliance challenge for all
Since the onset of the Ukraine-Russia war, one of the biggest sanction-imposing nations has been the US. While comprehensive, this has become a huge...
The role of man and machine in transaction reporting
When it comes to create and submitting complete and accurate reports under a slew of regulations, companies cannot simply rely on man or machine separately – they are both needed.
What is post-event transaction monitoring?
Transaction monitoring has always formed a key part of AML and financial crime compliance, however this has ramped up to 100 in the digital...
Why real-time transaction monitoring is the next step for compliance
Sentinels, which helps detect money laundering in real-time, has released a report outlining why real-time transaction monitoring is the next step for compliance functions.
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