The new EU AML Regulation requires obliged entities to identify and minimize risks arising from the non-implementation or circumvention of financial sanctions. Regardless of whether there is a ...

The new EU Anti-Money Laundering Regulation (EU) 2024/1624 (the “AML Regulation”) introduces significant changes to the regulation of ...

Client and transaction onboarding is the foundation on which the rest of your matter-management is based. Your vetting ...

Amy Bell sets out the steps law firms and legal teams can take to prepare for the ‘failure to prevent fraud’ offence coming into force in September 2025.

Malhotra also highlighted the strides made in digitalization of financial services, citing the example of digital ... continuously augment anti-money laundering risk assessment framework and ...

Zero-knowledge proof (ZK-proof)-based compliance protocol PureFi has launched its Know Your Customer (KYC) and Anti-Money Laundering ... She explained: “Risk assessment should be holistic ...

A disconnected approach to controls, characterised by siloing, redundancy, or conflict, diminishes the effectiveness of a ...

US State Department report -cites lack of transparency in public procurement processes -… deeply entrenched illicit drug trade contributes significantly ...

In a speech at the American Bankers Association Washington Summit Wednesday morning, Treasury Secretary Scott Bessent ...

While crypto allows for fast, borderless transactions, these same features make it attractive for people engaged in illicit ...