India’s Outstanding Outcome: FATF Evaluation 2023-24 For AML/CFT Standards
On June 28, 2024, the Financial Action Task Force (FATF) announced that India has reached a “high level of technical...
1 July 2024
How Is Drug Trafficking Related To Money Laundering?
Drug trafficking and money laundering are major global problems that cause significant economic and social harm around the world. These...
26 June 2024
Binance Fined $2M, Highest Fine In India For AML Violations
In June 2024, Binance, the world’s largest cryptocurrency exchange, was fined USD 2 million by India's Financial Intelligence Unit (FIU...
24 June 2024
How Transaction Monitoring Detects Fraud and Ensures AML Compliance
In 2024, transaction monitoring is more important than ever. Financial crimes like money laundering and fraud are becoming increasingly sophisticated,...
19 June 2024
How Is The U.S. Treasury Intensifying Sanctions Against Russia’s War Economy?
On June 12, 2024, the U.S. Department of the Treasury announced a series of new measures designed to intensify pressure...
14 June 2024
Which PEP Definition To Follow: Global Or Local?
PEP Definition changes regionally whether it is nationally or internationally. Many organizations often confuse the standards to be followed. This...
10 June 2024
New Anti Money Laundering (AML) Regulation Package Adopted by European Council
The European Council has adopted a new and comprehensive Anti Money Laundering (AML) Regulation Package of rules aimed at enhancing...
4 June 2024
Cryptocurrency: Insights into 2024’s Highs and Lows
As we move through 2024, the world of cryptocurrency is buzzing with excitement, drawing in both fans and investors with...
30 May 2024
Cross-Border AML Due Diligence for International Businesses: Navigating Global Compliance
In an increasingly interconnected world, international businesses face the dual challenge of expansion and compliance. One critical area that demands...
24 May 2024
8,000+ New PEPs from India’s General Election Enhance AML and Sanctions Screening
India's recent general election has significantly reshaped the landscape of anti-money laundering (AML) and sanctions screening. With the inclusion of...
16 May 2024