Tag: Financial Action Task Force

Healthcare payments have emerged as an unexpected battleground in the fight against money laundering. Traditionally associated with billing fraud and abuse, claims processors, telehealth...

NFC is best known for powering contactless payments, but its role in AML frameworks is becoming increasingly significant. As financial crime grows more sophisticated,...

Economic uncertainty is no longer a distant macroeconomic concern for UK financial institutions. It is rapidly becoming a catalyst for heightened financial crime exposure. According...

African FinTech has long been associated with financial inclusion, mobile-first innovation and rapid digital adoption. Across a continent where smartphone penetration is rising and...

Malaysia has been moved into the highest follow-up category under the FATF review process, signalling increased international confidence in the country’s ability to prevent...

Suspicious Matter Reporting (SMR) plays a central role in global efforts to combat ML and TF. For lawyers, accountants, real estate agents, and TCSPs...

CDD and KYC obligations have become foundational components of compliance for lawyers, accountants, real estate agents and TCSPs. Often referred to as “gatekeeper professions”, these...

Banks and financial institutions are increasingly facing scrutiny for blanket de-risking — a practice designed to mitigate exposure to financial crime but which often...

The FATF has rolled out major updates following its October 2025 Plenary, reshaping how financial institutions and regulated entities approach AML compliance. According to...

In August 2024, Singapore’s Parliament enacted the Anti-Money Laundering and Other Matters Act 2024, a pivotal step in tightening the city-state’s defences against financial...