Major Regulations to Combat Financial Crimes in 2024: AML, Crypto, Sanctions, PEPs, Compliance
As 2024 unfolds, significant regulations reforms sweep across the globe, from the United States to Europe, Australia, India, and the...
28 April 2024
UAE’s Battle Against Money Laundering: Challenges, Regulators and RegTech Solutions
Nestled in the heart of the Middle East, the UAE stands as a beacon of prosperity and global commerce. However,...
26 April 2024
FATF’s Virtual Assets Latest Report 2024: Analyzing Recommendation 15 Implementation Worldwide
The rise of virtual assets, exemplified by cryptocurrencies like Bitcoin and Ethereum, has marked a transformative era in global finance....
4 April 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
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
Release Update – Weapons Of Mass Destruction List For Name Screening
The Reserve Bank Of India (RBI) updated its MD on KYC according to Section 12A Of The Weapons of Mass...
25 January 2024
RBI Amends KYC Directions, 2023
On October 17, 2023, the Reserve Bank of India (RBI) made a significant move to enhance the effectiveness of the...
8 November 2023
Regulatory Challenges Faced By New Age Fintech Companies
Fintech or financial technology companies are on the rise and they are giving tough competition to traditional financial service providers,...
7 September 2023