AML compliance Knowledge & training ComplyAdvantage releases API documentation Most of the APIs available on the market are not fit for purpose. Poor integration capability, lack of intuitive design and being overly complex are facets of bad APIs and the reason why so many people have become apprehensive at […] 2 minute read
AML compliance Knowledge & training What is a risk-based approach to anti-money laundering? Financial institutions (FIs) face an expanding spectrum of money laundering threats, with emerging typologies set to cause serious problems for the industry. The total amount lost to cybercrime alone is projected to reach $9.5 trillion in 2024. To effectively balance […] 6 minute read
AML compliance Knowledge & training Anti-money laundering in Indonesia: What you need to know One of Southeast Asia’s most important economies, Indonesia is increasingly focused on anti-money laundering regulation. Indonesia has traditionally struggled with money laundering threats thanks to a lack of regulation and institutional corruption. However, since the turn of the century, the […] 3 minute read
AML compliance Knowledge & training AML compliance checklist for smart AML Traditional AML systems are falling behind against evolving threats: a smarter approach to AML compliance is needed. Read on to discover an AML compliance checklist that will enable robust compliance within your organization. AML is at the heart of the […] 8 minute read
AML compliance Knowledge & training AML Regulations Around The World Global AML Regulations: What You Need To Know Wherever you do business, achieving AML compliance means dealing with financial regulators and understanding legislation imposed at a national and international level. With so much legislative ground to cover, our guide to the […] 6 minute read
AML compliance Knowledge & training 7 Trends in AML Compliance Automated AML 4. FinTechs drive demand for automated AML With increasing consumer adoption and subsequent transaction volumes in a competitive FinTech climate, 2019 will see a large number of firms move to automate their AML practices to scale even faster. […] 2 minute read
AML compliance Knowledge & training 7 Trends in AML Compliance: AML Information Sharing AML Information Sharing A cornerstone of an effective AML/CFT framework, information sharing between financial institutions is an ongoing compliance priority for regulators and financial institutions around the world. CFT/AML Information sharing is a key recommendation of the Financial Action Task […] 3 minute read
AML compliance Crypto Knowledge & training Cryptocurrency Regulations in Luxembourg Is cryptocurrency legal in Luxembourg? Cryptocurrencies: Not legal tender Cryptocurrency exchanges: Legal, must register with the CSSF There are no specific Luxembourg cryptocurrency regulations but the government’s legislative attitude towards cryptocurrencies is generally progressive. Finance Minister Pierre Gramegna has commented […] 3 minute read
AML compliance Crypto Knowledge & training Gibraltar crypto regulation Is Cryptocurrency Legal in Gibraltar? Cryptocurrencies: Not considered legal tender Cryptocurrency exchanges: Legal, must register with the GFSC Gibraltar is a global leader in cryptocurrency regulation: while cryptocurrency is not considered legal tender in the country, cryptocurrency exchanges are legal […] 2 minute read
AML compliance Crypto Knowledge & training Malta Cryptocurrency Regulation Is Cryptocurrency Legal in Malta? Cryptocurrencies: Not legal tender Cryptocurrency exchanges: Legal, regulated under the VFA Act Malta has taken a very progressive approach to cryptocurrencies, positioning itself as a global leader in crypto regulation. While cryptocurrencies are not legal […] 2 minute read
AML compliance Crypto Knowledge & training Estonia Cryptocurrency Regulations Is Cryptocurrency Legal in Estonia? Cryptocurrencies: Not legal tender Cryptocurrency exchanges: Legal, must register with the Financial Intelligence Unit (supervised by Financial Supervisory Authority). Estonia cryptocurrency regulations are open and innovative, especially in comparison to other EU member-states. Although not […] 2 minute read
AML compliance Knowledge & training The United States Department of Justice (DOJ) What Is The United States Department Of Justice? The United States Department of Justice is the federal government agency responsible for enforcing laws and administering justice across the United States. The DOJ’s purpose is to protect the public from foreign […] 3 minute read
