A Guide to Anti-Money Laundering for Crypto Firms

Knowledge & Training

To remain compliant and avoid financial penalties, FinTechs must know and understand the parameters of their reporting responsibilities. This infographic provides a checklist of the reporting obligations FinTechs must meet under Australian AML/CFT legislation and regulation.

The AML/ATF ecosystem shapes FinTech’s regulatory responsibilities in Canada. This infographic spotlights five responsibility and opportunity areas for Canadian FinTechs, including registering with FINTRAC and submitting STRs.

As the remittance industry has developed, so have the methodologies that criminals use to exploit its systems and customers. This infographic provides a checklist of factors remittance firms should consider to help build a successful AML compliance program.

As financial crime typologies and regulatory technologies evolve, how should compliance teams in remittance firms build and scale their AML programs? This infographic highlights the core components of a RegTech ecosystem that remittance firms should consider to achieve long-term success.

FRAML is an umbrella term for fraud and anti-money laundering. It reflects the growing focus on how the two are converging and the benefits of an integrated approach to detecting money laundering and fraud for fighting financial crime. Money laundering […]

Through money laundering, criminals fund and profit from illicit activity such as arms sales, narcotics, human trafficking, contraband smuggling, embezzlement, insider trading, bribery, and fraud schemes. In addition to organized criminal groups, professional money launderers perform money laundering services on […]

The non-fungible token (NFTs) sector is in a state of flux. Reuters estimates that sales of NFTs reached around $25bn in 2021, and individual items have sold for as much as $90m. But high-profile scams in 2022, such as a […]

There are various definitions of payment fraud, but simply put, it describes an illegal transaction that diverts money or creates false/unauthorized payments from a victim. This is often achieved by stealing their personal payment information or duping them into sharing […]

Enhanced due diligence (EDD) involves determining, based on a risk-based approach, to investigate particular clients more thoroughly – requiring significantly more evidence and detailed information about reputation and history to be collected. EDD is especially relevant for high-risk or high-net-worth […]

AI financial crime technology

As financial crime evolves, regulators and financial institutions alike strive to refine their risk-based approach to AML. The vast amounts of data involved in AML compliance, and the increasing complexity of criminal methodologies, mean that financial institutions must constantly find […]

Is Cryptocurrency Legal in Malaysia? Cryptocurrencies: Not legal tender Cryptocurrency exchanges: Legal, must register with the Malaysian Securities Commission  Although cryptocurrencies are legal in Malaysia, they are not considered legal tender. The country’s central bank, Bank Negra Malaysia, has issued […]