Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act (CDSA)

An Act to provide for the confiscation of benefits derived from, and to combat, corruption, drug dealing and other serious crimes and for purposes connected therewith.

Click here

Regulatory Arbitrage Regulatory arbitrage is a practice where firms exploit the regulatory difference between different markets in order to circumvent unfavourable regulation. This can be achieved by conducting business, managing products and services in locations that have lower regulatory standards.To close down r...

Beneficial Owner Beneficial owner refers to the natural person(s) who ultimately owns or controls a customer and/or the natural person on whose behalf a transaction is being conducted. It also includes those persons who exercise ultimate effective control over a legal person or arrangement.Beneficial ownership i...

6 Elements of an Effective AML/CFT Compliance Programme Aligning an organisation's business processes with the relevant anti-money laundering / countering the financing of terrorism (AML/CFT) regulations and best practices is no easy feat to accomplish. The difficulty of it amplifies when the business is massive and complex.Recent events have shown u...

Related Post

About JX Low

Reader Interactions

Leave a Reply Cancel reply

Footer