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…
AML Resources
Navigating the Regulatory Landscape for Payment Processors
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…
AML Compliance & It’s Importance
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…
Navigating the AML Compliance Jungle: A Glossary of AML Terms
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.