Tag: terrorist financing

FATF, the intergovernmental body that sets global standards for tackling money laundering and terrorist financing, has published a new report warning that underground banking,...

Financial crime is growing in scale, sophistication and cost, and for regulated organisations, understanding the threat landscape has become a survival requirement rather than...

Not long ago, many firms treated financial crime risk assessments as a box-ticking exercise—documents produced annually to satisfy regulators, then filed away until the...

Financial crime risk assessments are often discussed as exercises in methodology: the right framework, the right scoring model, the right template. But the real...

From 2024 into 2025, financial institutions and other regulated entities in Malaysia have been preparing for the country’s fifth mutual evaluation by the FATF,...

Money laundering remains one of the most persistent threats facing financial systems across the world. What starts with criminal activity — from illegal arms trading...

Money laundering and financial fraud remain a serious threat to the UK’s financial ecosystem, making strong AML processes essential for businesses. A key part...

In December 2024, the South African Treasury published the draft AML and CTF Amendment Bill, which is now open for public comment.

In a stride towards combating financial crimes, the US introduced the CTA, designed to peel back the layers of secrecy often associated with business...

The European Banking Authority (EBA) today announced the introduction of new Guidelines concerning the 'travel rule' for fund and crypto asset transfers.