A Guide to Anti-Money Laundering for Crypto Firms

Knowledge & Training

KYC remediation

The Importance of KYC Remediation and Why You Should Be Doing It If you are familiar with the financial industry, you have likely heard the phrase “know your customer”, which is often referred to as KYC. KYC is an important […]

FinCEN - Financial Crimes Enforcement Network

What is FinCEN? The Financial Crimes Enforcement Network (FinCEN) is the United States’ primary financial regulator and a bureau of the Department of the Treasury. Working with state and federal law enforcement authorities, FinCEN is responsible for supervising financial institutions […]

FATF

FATF and the Prevention of Financial Crime The Financial Action Task Force, or FATF, is one of the most influential and important organizations in regard to combating financial crimes such as money laundering, terrorist financing, and other forms of corruption. […]

Electronic Identity Verification

How Electronic Identity Verification Helps Fight Financial Crime As criminals develop increasingly sophisticated methodologies to launder money, commit fraud, and fund terrorist activities, demand for effective AML/CFT software grows. Financial crime is a global threat meaning that banks and financial […]

AML Anti Money Laundering

Money laundering and terrorist financing (ML/TF) pose a substantial threat to governments and financial institutions. Over the past few decades, increasing measures have been taken across the globe to counter them. In 2022, the EU moved forward in its bid […]

What are sanctions?

To address violations of international law, human rights abuses, and other forms of state-sponsored crime, governments may impose economic sanctions against designated targets around the world. Sanctions cover a range of financial restrictions and prohibitions and  are often deployed to […]

OFAC Sanctions Violations

The Office of Foreign Assets Control (OFAC) is responsible for creating, implementing and enforcing the United States’ sanctions. All parties under US jurisdiction must abide by OFAC sanctions and associated regulations and avoid OFAC sanctions violations. Exemptions to sanction orders […]

OFAC Sanctions

One of the ways the US punishes violations of international law, human rights abuses, and other state-sponsored criminal activities is by imposing economic sanctions against countries, entities, and individuals. The US’ sanctions regime is implemented and enforced by a dedicated […]

UK sanctions

This guide will outline the UK sanctions post-brexit regulations and inform you of what you need to know to ensure you are complying with the renewed sanction laws. Sanctions in the UK fall under the authority of several different departments. […]

Financial crime

Financial crime is a significant ongoing challenge for banks, institutions, and individuals. As regulators and financial authorities introduce new strategies to detect and prevent financial crime, criminals develop more sophisticated methodologies to evade legal scrutiny and commit offences, including fraud, […]

anti money laundering guidance

Anti-Money Laundering Guidance Various government agencies and interest groups publish information regarding anti-money laundering. Australia: Australian Government – Trade-based money laundering: Risks and regulatory responses UK: HMRC Guidance for Money Service Businesses US Treasury: Office of Foreign Assets Control (OFAC) […]