AML compliance Knowledge & training What is 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 […] 7 minute read
Sanctions Knowledge & training What are sanctions? To address violations of international law, human rights abuses, other state-sponsored crimes, and threats to international security, governments may impose sanctions against designated targets around the world. Sanctions are a range of restrictions and penalties imposed on countries, entities, or […] 10 minute read
Sanctions Knowledge & training Guide to OFAC sanctions list 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 OFAC sanctions regime is implemented and enforced by a dedicated branch of […] 6 minute read
Sanctions Knowledge & training A comprehensive guide to the UK sanctions list Like most countries, the UK issues a range of sanctions against individuals, groups, and other states to achieve certain economic or diplomatic outcomes. Sanctions form a major element of the UK’s foreign policy. As a significant political and economic power, […] 8 minute read
Financial crime Knowledge & training What is financial crime? Financial crime refers to any criminal conduct relating to financial services or markets. As regulators and monetary authorities introduce new strategies to detect and prevent financial crime, criminals develop increasingly sophisticated methods of evading scrutiny. Most jurisdictions have established organizations […] 8 minute read
AML compliance Knowledge & training 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) […] 1 minute read
