Category: AML

This article explores the pivotal role of artificial intelligence (AI) in reshaping due diligence, with a specific focus on enhancing...

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

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...