Robust AML measures are necessary to mitigate the significant threats posed by the drug trade to the financial system and global economy.
Don’t risk your business.
Information sharing systems have become essential tools in the fight against financial crime.
Corruption and money laundering are two significant issues that affect the global financial system's stability and integrity.
Belgian police arrested five individuals, including European Parliament vice president Eva Kaili, accusing them of corruption and money laundering, in connection with an investigation into corruption involving World Cup host Qatar
Danske Bank was fined €1,820,000 by the Central Bank of Ireland on 13 September for three violations of the Criminal Justice (Money Laundering & Terrorist Financing) Act 2010 (CJA).
Basel Institute on Governance released the 11th Basel AML Index, assessing ML/TF risks of countries for 2022 using its methodology. The report publicly evaluates risk values on a scale of 1 to 10 for each country.
It is a digital currency whose worth is pegged to another asset class, such as fiat currency or gold. Stablecoins try to alleviate the price volatility problem faced by most cryptocurrencies, allowing the benefits of digital currencies to be enjoyed.
Whereas risk assessment is considered as a complex procedure, basic steps and the right tools make it easier for businesses
Integrating cybersecurity with automated KYC systems allows businesses to protect their employees, customers, and system.