Tags Money Laundering

Tag: Money Laundering

Key European money launderer arrested in Spain

One of the biggest money launderers in Europe was arrested last week following an international law enforcement operation led by the Guardia Civil of Spain.
What firms need to know about AML Directives

What firms need to know about AML Directives

With the rising level of money laundering regulations and fines, firms need to know what their requirements are. Electronic IDentification has released a report examining the AML Directives.

Why real-time transaction monitoring is the next step for compliance

 Sentinels, which helps detect money laundering in real-time, has released a report outlining why real-time transaction monitoring is the next step for compliance functions.

Resistant AI deploys tech into FINOM to improve AML fight

Financial crime prevention firm Resistant AI has deployed technology into Netherlands-based B2B FinTech FINOM to bolster AML measures.

ComplyAdvantage launches ComplyTry to improve sanction and PEP screening

ComplyAdvantage has released ComplyTry, a new tool that lets anyone verify prospective customers by leveraging live sanctions, politically exposed people (PEPs) and adverse media data.

UR Islamic Bank’s new partnership to combat money laundering in Iraq

UR Islamic Bank will implement Capital Banking Solutions’ integrated compliance platform to help prevent money laundering and tax evasion in Iraq.

NatWest could face £340m fine following money laundering neglect

NatWest has pleaded guilty to money laundering failings amounting to £365m from UK-based jeweller Fowler Oldfield.

More vigorous action needed on money laundering, BaFin tells Deutsche Bank

German financial regulator BaFin has told banking giant Deutsche Bank it needs to introduce stronger action on money laundering.

How can technology be used to reduce AML, anti-bribery and corruption...

Money laundering, bribery and corruption are still a pressing issue within financial institutions, but the best way to combat this is through solid operational risk management sponsored from the top.

It’s time to rethink risk management – Sigma Ratings

As the number of money laundering and financial crime cases keep growing, Sigma Ratings argues that it is time for financial services firms to rethink risk management.

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