Germany’s Recent Cannabis Act of 2024: Implications for Anti-Money Laundering and Compliance Industry
The German parliament ratified the new Cannabis Act on 23 February 2024, marking a significant shift in the country's drug...
1 March 2024
FATF’s February 2024 Plenary: Quick Overview of Key Insights & Action Plans
The fifth Plenary of the Financial Action Task Force (FATF) recently concluded under the presidency of T. Raja Kumar of...
28 February 2024
Is UAE Set to Exit the Grey List? Read About Its Success in Achieving FATF Compliance!
In a significant development for the United Arab Emirates (UAE), reports in October 2023 indicated that the UAE was on...
20 February 2024
PEP Screening: Best Practices
Screening politically exposed persons (PEPs) is a critical component of compliance. Financial institutions use PEP screening as an essential tool...
6 February 2024
Section 12A – Weapons of Mass Destruction Act & UNSCR 1718: A Guide for Compliance Teams
The Reserve Bank Of India (RBI) updated its MD on KYC according to Section 12A Of The Weapons of Mass...
25 January 2024
Top 5 Anti Money Laundering (AML) Trends For 2024
The dynamics of the Anti-Money Laundering (AML) landscape are undergoing an extreme shift, propelled by technological advancements and innovative solutions....
23 January 2024
Impact On Anti Money Laundering (AML) Practices: FATF And Wolfsberg Group
In the global fight against financial crime, the Financial Action Task Force (FATF) and the Wolfsberg Group play pivotal roles...
18 January 2024
The Power Of RegTech In Automating KYC And AML Compliance
As financial institutions strive to comply with ever-increasing regulatory and AML compliance requirements, the need for efficient and effective solutions...
17 January 2024
What Are PEPs? Definitions, Requirements, And Types
In today's world of compliance, the term "PEP" carries huge significance for various financial institutions. Identifying PEP, short for Politically...
12 January 2024
Challenges of Watchlist Screening in the Indian Business Environment
In the ever-evolving landscape of global business, regulatory compliance and risk management have become paramount. Companies operating in India face...
11 January 2024