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
Indian Watchlists and Name Screening: RBI Compliance, AML Regulations, and Best Practices for Banks and NBFCs
Name screening has traditionally played a critical role in ensuring anti-money laundering compliance for banks and NBFCs in India. Today,...
11 April 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
Enhanced Due Diligence: Strengthening AML Compliance and Risk Management
Enhanced Due Diligence (EDD) stands out as a robust methodology employed by businesses to delve deeper into the backgrounds of...
15 March 2024
AI Due Diligence: Transforming Financial Fraud Detection and Risk Management
This article explores the pivotal role of artificial intelligence (AI) in reshaping due diligence, with a specific focus on enhancing...
14 March 2024
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
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
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