Tag: sanctions compliance

A fragmented global landscape shaped by geopolitical rivalry, regulatory divergence, supply-chain realignment and weakening international cooperation is fundamentally changing how financial crime risk manifests. For...

Early signals from compliance teams suggest that sanctions screening is entering a decisive phase, shaped by geopolitical instability, expanding watchlists, and a clear regulatory...

Money services businesses are increasingly central to global financial inclusion, yet they remain among the most scrutinised parts of the financial ecosystem. As providers...

Intelligence sharing has become a defining feature of Estonia’s approach to tackling financial crime, sanctions evasion, and fraud. Few understand the reality of this...

Trade-based money laundering (TBML) has become one of the most challenging threats facing the financial system, as illicit funds can be hidden behind legitimate...

The Bureau of Industry and Security (BIS) and the Office of Foreign Assets Control (OFAC) both apply a 50% ownership threshold to determine regulatory...

The Bureau of Industry and Security (BIS) within the U.S. Department of Commerce has taken a major step towards tightening export control enforcement with...

Banks play a pivotal role in the global financial ecosystem, acting as critical intermediaries in trade and financial transactions. This central position also makes...

Compliance teams are facing unprecedented strain, with rising alert volumes, tighter regulations and limited resources. While AI copilots have provided some relief, they are...

The Federal Reserve predicted in 2022 that the benefits of instant payments would be critical for financial institutions seeking to remain competitive. That prediction...