Day: December 4, 2023

European Commission proposes action plan to strengthen AML/CFT

Explore the European Commission’s 2020 anti-money laundering action plan featuring a new supervisory authority, coordination mechanisms, unified rulebook, and revised high-risk third countries list.

The AMF publishes a guide on freezing assets

Understand the French AMF’s guidance on asset freezing regulations, including UN, EU, and national regimes. Learn about detection systems, implementation requirements, and potential penalties for non-compliance.

The Impact of AML and KYC Regulations on Cross-Border Payments

Cross-border payments have become increasingly important in the global economy, with businesses and individuals relying on them to move money across international borders.

Navigating KYC Requirements: A Closer Look at France

Know Your Customer (KYC) regulations are an important aspect of global financial operations.

The challenges of the fight against corruption

Explore the three major challenges in fighting corruption: sovereignty issues between nations, severe financial penalties, and increased risks during the COVID-19 pandemic. Learn about compliance requirements under legislation like Sapin 2.

Cryptocurrency exchange and the changing tides of KYC compliance

Explore how KYC compliance is reshaping cryptocurrency exchanges in 2025. Learn about the impact of stricter regulations on traders, exchanges, and the future of crypto trading security.

KYC: Example of a problem, the solution and the results

In this blog post, we will discuss a success story from a customer who used KYC software to detect and prevent fraud.

The importance of ongoing monitoring in KYC compliance and how it can prevent financial crime

As the financial landscape continues to evolve, the need for businesses to comply with regulatory requirements becomes more crucial than ever.

Building Stronger Safeguards for the New EU Anti-Money Laundering Authority

The European Parliament is preparing to vote on the draft AMLA Regulation, and the trilogue phase will begin shortly after.

How Risk-based customer Due Diligence (CDD) works, and why it is essential component of KYC

Customer Due Diligence (CDD) is an essential component of KYC (Know Your Customer) compliance.

KYC Compliance: Best Practices for Staying Up to Date with Regulations

As the business world becomes increasingly regulated, staying up to date with Know Your Customer (KYC) compliance requirements is more important than ever.

Record-Keeping in AML: Why it Matters and How to Do it Right

Anti-money laundering (AML) regulations require financial institutions to keep detailed records of their transactions and activities.

Anti-money laundering and terrorist financing Q&A: (Part II)

The crime of money laundering arises as a result of the desire to legitimize the funds that resulted from the predicate crimes.

AML/CFT Regulations and Their Effects on Financial Service Providers Concerned with Low-Income

Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) regulations have a significant impact on financial service providers.

Money Laundering Red Flags

Learn to identify key money laundering red flags including unusual transactions, high-risk countries, and unexplained wealth. Essential guide for compliance professionals and financial institutions.

Aggravated Fraud in Banks and Financial Institutions: Regulations and Preventative Measures

Discover key regulations like the Bank Secrecy Act and KYC policies that combat aggravated fraud in financial institutions. Learn essential preventative measures for protecting customers and assets.

Anti-money laundering and terrorist financing Q&A: (Part I)

Learn the basics of money laundering, its economic consequences, common methods used by criminals, and how to protect yourself from being exploited in financial crimes.

Sanctions, embargoes, terrorism, PEP: understanding the typologies of lists

Learn about sanctions, embargoes, terrorist lists, and PEP screening requirements. Discover proper handling of true positives and essential regulatory compliance measures for financial institutions.