All you need to know about Data Cleansing.
Last year when I attended the RegTech expo I got the opportunity to learn more about data cleansing.
Money laundering during a Pandemic?
In one of my previous posts we talked about 5 AMLD and how it would bring about a change in the AML/CFT regime. Now that the directive has been introduced and enacted, how compliant are businesses with it? What measures are being taken to combat financial crimes?
The FATF on Covid-19 and Compliance
Covid-19 has definitely made life a bit tough for most of us and the regulatory world. There are a lot of challenges Governments and financial bodies are currently facing in order to fight financial crime and money laundering. There have been several cases of illicit financial practices, terrorist financing, fraud and data breaches made during this pandemic which needs to
Should the Crypto Industry be regulated?
In my last few posts I gave a basic run down on what money laundering exactly is and how financial criminals launder money using the placement, layering and integration method. Turns out, money in the form of cash is not the only thing that can be laundered. Money launderers are creative enough to come up with new methods to perpetrate
The Evolution of Proceeds of Crime Act, 2002
AML or Anti-Money Laundering is a very well known concept nowadays. But not many people know more than the fact that it deals with financial crimes. Let's take a look into how the concept of Money laundering and Anti-Money laundering came into existence and the basic concepts attached to it.