What Is AML Name Screening? What Are The Techniques And Best Practices?
AML name screening plays a critical role in the operations of financial institutions, particularly in combating money laundering, strengthening the...
16 July 2024
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 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 Does Transaction Monitoring Detect Fraud?
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