Tag: SARs

The Wolfsberg Group describes sanctions screening as a crucial method for detecting, preventing, and disrupting financial crimes, including sanctions risks.

In an era where regulatory oversight of the wealth and asset management sector is intensifying globally, the stakes for compliance have never been higher. This sector, pivotal to national economies, plays a crucial role in helping consumers manage their assets and achieve their financial goals. However, its significance also makes it a potential target for misuse by malicious entities aiming to launder money.

When it comes to navigating the challenges of economic crime, establishing a threat matrix can be a key way to steady the ship. This point...

Compliance technology platform Beam has bagged $9m in a mix of its Seed, Series A and venture debt funding.