NFTs and Financial Crime
Let's talk about NFTs and start with what it really is.
Everything you need to know about risk management
A risk management plan is essential to every organisation.
Adverse Media Screening in Financial Crime Compliance.
Adverse media is any kind of negative or disadvantageous information found in news sources which could be traditional news outlets or those from unreliable sources. There are risks involved with conducting business with persons or companies having an adverse media profile.
Virtual gaming and Money laundering
The gaming industry is a very lucrative business, and gamers are predicted to spend $180 Billion on games in 2020. Gaming takes place over several different platforms, including consoles, computers and mobile phones, and this includes games that are both free to play or purchased. Increasingly, games are taking on a business model that uses in-game transactions where items, or
ESG Compliance; All you need to know
Environmental, Social, and Governance (ESG) deals with the primary factors that help measure the sustainability and social influence of investments in a company or business. This analysis helps estimate the risks involved and the subsequent performance of a company. Every organisation, is entwined with environmental, social, and governance (ESG) concerns. A strong ESG proposition can add value to every company
Human Trafficking and Money Laundering.
Human trafficking takes place in different forms and for different purposes such as sexual exploitation, forceful marriage, illegally procuring and trading organs, free or forced labour, slavery etc. as stated in FATF's report of HT. The victims are usually taken by coercion, force or fraud and then exploited on an ongoing basis for profit. In order to escape from regulatory
FATF report on Trade Based Money Laundering ; A Summary
Criminals are very creative with the different methods they adopt for laundering money. FAFT recently launched a report, which was published on December 9, on Trade based money laundering (TBML). What is TBML?
Understanding Ultimate beneficiary Ownership and more!
What is a beneficial owner?
What is MiFID II?
The Markets in Financial Instruments Directive (MiFID) is the EU legislation which was originally adopted in 2007. It governs the buying, selling and trading by investment mediators that provide services to clients linked to ‘financial instruments’. ‘Financial instruments’, in this scenario is the collective description for shares, bonds, units in collective investment schemes, derivatives and places where such instruments are