Know Your Business (KYB): The Need, the Method & the Cost
Just as individual accounts require identification, due diligence and monitoring, corporate accounts require Know Your Customer (KYC) procedures as...
Discuss fraud detection techniques, anti-money laundering efforts, and cybersecurity measures to protect against financial crimes.
An Introduction to Electronic KYC Verification (eKYC)
Know Your Customer (KYC) is the process of verifying a customer’s identity to help companies comply with anti-money laundering...
Spotlight on the AML Officer
Anti-Money Laundering (AML) and Compliance are crucial areas within the financial services industry. Professionals in this field need to...
A Risk-Based Approach (RBA) to Anti Money Laundering (AML)
In the sphere of financial crime prevention, the Risk-Based Approach (RBA) has emerged as a core element in the...
Trends in Financial Crime Worldwide
In recent years, there have been notable technological advancements in the financial sector, leading many businesses to adapt their...
Fighting Financial Crime around the Globe
Money Laundering is a global issue, and many organisations are working relentlessly to fight financial crimes and combat money...
EU’s Comprehensive AML & CFT Legislative Overhaul: A Roadmap to Safeguarding the Financial System
The risks associated with money laundering and terrorism financing put the integrity of the EU financial system and the...
Financial Statement Fraud: Definition & Impact
According to the European Anti-Fraud Office, fraud is considered to be ‘a deliberate act of deception intended for personal...
Developing an Anti-Bribery and Corruption Policy
Is an Anti-Bribery and Corruption (ABC) Policy Needed? The UK Bribery Act 2010 stipulates an offence of failing to...
An Assessment of Financial Crime and Anti-Money Laundering Efforts in Asia and Africa
ASIA In Asia, financial crime continues to be a pervasive concern, with money laundering being particularly problematic. The UN...