State of Financial Crime 2023 Report

Knowledge & Training

A customer risk assessment is a necessity when onboarding new customers. It ensures that high-risk individuals are identified, and appropriate anti-money laundering (AML) measures are put in place. But what elements should firms consider as part of an AML customer […]

Being aware of the conditions that increase the likelihood of a customer’s involvement in money laundering (ML) or terrorist financing (TF) is a responsibility that financial institutions cannot take lightly. The absence or inadequacy of robust ML/TF risk management programs […]

As a long-term member of the Financial Action Task Force (FATF), Australia’s anti-money laundering and combatting the financing of terrorism (AML/CFT) regulatory framework seeks to align with the recommendations laid out by the agency. 

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.