A top executive at Malaysia’s central bank has warned that increasingly sophisticated financial tools and products are creating new and growing challenges for the country’s anti-money laundering, combatting the financing of terrorism and proliferation financing (AML/CFT/PF) measures. Bank Negara Malaysia […]
The way in which we interact with our banks has changed significantly over the past decade. Financial Technology firms (FinTechs) have enabled greater flexibility, not only in our choice of banking provider, but also in terms of how we access […]
The buy-now-pay-later (BNPL) credit market is growing rapidly. Research suggests that up to 42% of global credit customers are interested in BNPL products while in the US alone, customers are expected to make almost $100 billion in retail purchases in […]
Regulated financial institutions around the world follow a similar process when it comes to reporting suspicions of money laundering via Suspicious Activity Report (SAR) disclosures to their regulator or law enforcement. However, there may be some deviation in how the […]
Insights on how to scale a compliance program in a cost-effective way, the role of machine learning, and the pros/cons of build vs buy.
Swiss regulator the Financial Market Supervisory Authority (FINMA) has reprimanded two banks for breaking money laundering rules during their dealings with Venezuelan entities. Wrapping up a five-year investigation into 30 banks suspected of breaches relating to Venezuela’s state oil company […]
In October 2021 the International Consortium of Investigative Journalists (ICIJ) published the results of an explosive investigation known as the Pandora Papers More than 600 journalists from across 117 countries including from the BBC, The Washington Post, and The Guardian, […]
Since Russia’s invasion of Ukraine in February 2022, the European Union (EU) has been focused on creating strong sanctions against the Putin regime. While the attention has been on punishing Russia and creating incentives for them to stop, there has […]
Banks offering digital-first services are redefining how consumers worldwide access and interact with their money. This guide explores how digital banks can successfully build and scale an AML program.
Following our recent report on financial crime trends, for this webinar ComplyAdvantage has brought together experts from across the fintech and regtech industry to discuss all the latest compliance trends.
The Monetary Authority of Singapore (MAS) is taking a major step in its ongoing battle against money laundering and the financing of criminal activity with the launch of a groundbreaking digital platform that will enable banks to share information on […]
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