Sanction Scanner Blog - Page 26

Strengthen your business with greater control by using Customer Risk Assessment tools

AML and KYC checks are essential tools for detecting financial crime, verifying customer identity, and maintaining compliance with AML laws and global standards.

Smurfing and structuring are two different but common ways of money laundering techniques.

The leasing sector, which is within the scope of financial services, is non-other institutions that provide resources to the financial system, such as factoring and financing companies.

On January 7, 2022, the European Commission withdrew Ghana from the EU Blacklist by recognizing that country no longer had strategic shortcomings in its AML/CFT regimes.

With the rapid digital acceleration, 2022 will be a year of worldwide escalating the scale and range of measures in AML.

Criminals have long bought vehicles (often used cars) with cash as a way to launder illegally gained money.

Ransomware attacks and cyberattacks have risen in the last year. The worldwide compliance industry has faced a variety of issues as a result of these increased dangers.

Since the emergence of the COVID-19, cybercrime methodologies have evolved and become more intensified.