RBI Against Money Mules: Risks, Measures And Strategies For Safeguarding Banks
On Wednesday, July 3, 2024, the RBI Governor held a meeting in Mumbai with the Managing Directors and CEOs of...
9 July 2024
FATF Grey List June 2024: Comprehensive Guide On Risks, Criteria, And Compliance Measures
On June 28, 2024, the Financial Action Task Force (FATF) released its “Grey List”. FATF identifies jurisdictions that require enhanced...
4 July 2024
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 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
Binance Founder’s Prison Sentence: A Wake-Up Call for Crypto Compliance
Changpeng Zhao (CZ) served as the CEO of Binance, renowned as one of the largest cryptocurrency exchanges globally. We delve...
9 May 2024
RBI’s Regulations for Payment Aggregators: Fintechs Prepare for Compliance Surge
The Reserve Bank of India (RBI) has recently issued two draft guidelines aimed at strengthening the regulation of offline Payment...
2 May 2024
Understanding Ultimate Beneficiary Ownership (UBO) and Its Importance in Financial Transparency
In the realm of financial transparency and regulatory compliance, the concept of Ultimate Beneficiary Ownership (UBO) has gained significant attention...
29 March 2024
The Importance of Third-party Due Diligence for Pharma Supply Chains
In today's tightly regulated pharmaceutical industry, where the quality and safety of products directly impact public health, the importance of...
22 March 2024
FCA’s Dear CEO Letter: A Message on AML Control Failings
On March 5, 2024, the Financial Conduct Authority (FCA) issued a significant communication to Annex 1 firms. This directive outlines...
18 March 2024
Enhanced Due Diligence: Strengthening Risk Management in Modern Business
Enhanced Due Diligence (EDD) stands out as a robust methodology employed by businesses to delve deeper into the backgrounds of...
15 March 2024