London - A man wielding two knives killed 4 people and injuring 40 others before being shot dead by officers. Prime Minister Theresa May condemned this act as a "sick and depraved terrorist attack." The act happened on London's Westminster Bridge where the assailant ... Read More →
Articles
Commentary section on AML/CFT.
How to conduct proper customer due diligence (CDD)
Conducting customer due diligence, or CDD, is a skill every Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) analyst should have. A typical investigation into a potential suspicious transaction will begin with CDD. In most countries with a robust ... Read More →
Money laundering trends and techniques
The techniques used by money launderers are many and varied: they evolve to match the volume of funds to be laundered and the legislative and regulatory environment of the various jurisdictions in which they are laundered. The sophisticated money launderer usually ... Read More →
Designing a governance framework for sanctions
Firms are required to ensure compliance with global sanctions regimes and export controls to prevent terrorism and organised crime. In order to meet these requirements, they will need to monitor regulatory changes and maintain an internal framework to ensure that ... Read More →
Why large denomination notes poses a high money laundering risk
Criminals performing illicit activities prefer to use cash as their primary financial instrument to facilitate their transactions. Given its anonymity and privacy, authorities around the world face difficulty in tracking criminals down. However, cash has its drawbacks. ... Read More →
