In today’s rapidly evolving regulatory landscape, the challenge of maintaining compliance with anti-money laundering (AML) and counter-terrorism financing (CTF) regulations has never been more daunting. The requirements to monitor sanctions, politically exposed persons (PEPs), criminal convictions, and adverse media, as…
Did you know that despite the market capitalization of cryptocurrency peaking at $3 trillion it continues to surpass over $1 billion daily? With such volatility, growth, and potential, money laundering and terrorist financing mirror the same risks as the traditional…
In the Middle East, within a thriving start-up ecosystem that has recently an impressive 1.6 billion USD in funding for MENA start-ups this year, Anti-Money Laundering (AML) compliance is of paramount importance. One of the distinctive challenges in this region…
In today’s rapidly growing global economy, payment providers (PSPs) face a daunting challenge – navigating the web of payment regulations while maintaining strict Anti-Money Laundering (AML) and Know Your Customer (KYC) standards. Compliance isn’t merely a best practice; it’s the…
Anti-money laundering (AML) is an important part of any business framework. It involves the detection and prevention of money generated from criminal activities such as fraud, bribery, and terrorism. AML is essential for protecting your business from these types of…
Anti-Money Laundering (AML) compliance is an important element of any business and is a set of procedures and regulations designed to prevent money laundering and other illegal activities, but it can be particularly complex for financial institutions. Financial institutions must…
Confused by all those AML terms and acronyms? In this handy glossary, you’ll find over 120 common AML/CFT words, phases, and abbreviations, as well as a rundown of the major regulatory bodies dedicated to fighting AML/CFT.
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