Insights

The Wolfsberg Group, a prominent coalition dedicated to combating money laundering and terrorism financing, has announced the release of its...

The German parliament ratified the new Cannabis Act on 23 February 2024, marking a significant shift in the country's drug...

The fifth Plenary of the Financial Action Task Force (FATF) recently concluded under the presidency of T. Raja Kumar of...

RBI has escalated its scrutiny of Fintech companies in the wake of compliance lapses, exemplified by its recent actions against...

In a significant development for the United Arab Emirates (UAE), reports in October 2023 indicated that the UAE was on...

Environmental, Social, and Governance (ESG) factors are increasingly influencing investment decisions, strategic approaches, and overall reputation. ESG due diligence, the...

Screening politically exposed persons (PEPs) is a critical component of compliance. Financial institutions use PEP screening as an essential tool...

Money mules play a crucial role in the process of cashing out the proceeds of fraud, making it essential for...

The Reserve Bank Of India (RBI) updated its MD on KYC according to Section 12A Of The Weapons of Mass...

The dynamics of the Anti-Money Laundering (AML) landscape are undergoing an extreme shift, propelled by technological advancements and innovative solutions....

In today's business landscape, companies face a complex array of risks, including financial crime, fraud, and money laundering. To mitigate...

In the global fight against financial crime, the Financial Action Task Force (FATF) and the Wolfsberg Group play pivotal roles...

As financial institutions strive to comply with ever-increasing regulatory requirements, the need for efficient and effective solutions has become paramount....

In today's world of compliance, the term "PEP" carries huge significance for various financial institutions. Identifying PEP, short for Politically...

In the ever-evolving landscape of global business, regulatory compliance and risk management have become paramount. Companies operating in India face...

The Know Your Customer (KYC) process is a critical component of financial institutions' operations, aiming to balance stringent regulatory requirements...

On December 4, 2023, the HM Treasury released an updated advisory notice, reiterating the stringent measures businesses must adhere to...

The ICIJ conducted an investigation named Cyprus Confidential on the firms in Cyprus that revealed various ties with Russian oligarchs.

The recently unveiled the Basel AML Index 2023 examines the escalating risks associated with money laundering and terrorist financing.

The fourth FATF Plenary Meeting is the decision-making body of the FATF. The FATF Plenary meeting happens three times a...

On October 17, 2023, the Reserve Bank of India (RBI) made a significant move to enhance the effectiveness of the...

The United States on Oct 18th 2023 took significant measures including renewed sanctions on Hamas members and its financial network...

Fintech or financial technology companies are on the rise and they are giving tough competition to traditional financial service providers,...

Financial crime is a persistent and growing problem that affects individuals, businesses, and governments. The loss incurred due to financial...

Once considered a source for high-risk countries like Iran and North Korea to get around sanctions, Cryptocurrency space is now...

The job market has been in a constant state of flux since the advent of technology. From the earliest agricultural...

The rise of financial crimes such as money laundering and terrorist financing has increased the need for (Anti-Money Laundering) AML...

With financial crime being more prevalent than ever, the connectivity that news and social media provide is a great asset...

In today’s global financial landscape, the fight against money laundering and terrorist financing is a top priority for governments and...

The rise of cryptocurrency and virtual assets has transformed the financial landscape, providing individuals and businesses with new opportunities for...

With extensive globalisation and increased international connectivity, the risk and aml challenges of malpractice in financial transactions also increases.

Global sanctions have become an integral tool in international diplomacy, employed by nations and international organizations to address a variety...

Global sanctions have become an integral tool in international diplomacy, employed by nations and international organizations to address a variety...

Global sanctions have become an integral tool in international diplomacy, employed by nations and international organizations to address a variety...

Global sanctions have become an integral tool in international diplomacy, employed by nations and international organizations to address a variety...

Global sanctions have become an integral tool in international diplomacy, employed by nations and international organizations to address a variety...