Regulated Sector
The regulated sector refers to specific industries and businesses that are subject to regulatory oversight and compliance obligations to prevent...
Targeted Financial Sanctions (TFS)
Targeted Financial Sanctions (TFS) refer to measures imposed by governments and international bodies to restrict or prohibit financial transactions with...
Banking Secrecy
Banking secrecy refers to the practice of protecting the confidentiality and privacy of customer information held by financial institutions. It...
Reputational Risk (AML)
Reputational risk, in the context of Anti-Money Laundering (AML), refers to the potential harm to an organization's reputation resulting from...
Regulatory Compliance Management
Regulatory compliance management refers to the process of ensuring that an organization complies with relevant laws, regulations, and industry standards...
Compliance Policies and Procedures
Compliance policies and procedures refer to the set of rules, guidelines, and protocols established by organizations to ensure adherence to...
Joint Money Laundering Intelligence Taskforce (JMLIT)
The Joint Money Laundering Intelligence Taskforce (JMLIT) is a collaborative initiative in the United Kingdom that brings together various government...
Financial Intermediary
A financial intermediary refers to an entity or institution that acts as a middleman or intermediary between individuals, businesses, or...
Financial Institution (FI)
A Financial Institution (FI) refers to an entity that provides financial services, such as banking, investment, insurance, or brokerage services.
Anti-Money Laundering Authority (AMLA)
The Anti-Money Laundering Authority (AMLA) refers to a regulatory body or agency established by a government or international organization to...
Suspicious Transaction Reporting (STR)
Suspicious Transaction Reporting (STR) is a vital component of anti-money laundering (AML) efforts, requiring financial institutions and other obligated entities...
Regulatory Action (AML)
Regulatory action in the context of anti-money laundering (AML) refers to the enforcement measures taken by regulatory authorities to ensure...
Compliance Audit Trail
A compliance audit trail refers to the documented record of activities, events, and transactions that are captured, maintained, and monitored...
Regulatory Reporting
Regulatory reporting refers to the process of submitting timely and accurate reports to regulatory authorities as required by applicable laws,...
AML Internal Controls
AML Internal Controls refer to the policies, procedures, and processes implemented within an organization to detect, prevent, and mitigate the...
Customer Risk Rating
Customer Risk Rating refers to the process of assessing the level of risk associated with individual customers or entities based...
Typologies and Trends in Money Laundering
Typologies and trends in money laundering refer to the various methods, techniques, and patterns employed by criminals to launder illicitly...
Supervisory Authorities
Supervisory authorities, also known as regulatory bodies or regulatory agencies, are government entities responsible for overseeing and regulating specific industries...
Risk Ranking
Risk ranking is a process of evaluating and prioritizing risks based on their likelihood and potential impact on an organization....
The Three Lines of Defense Model
The Three Lines of Defense Model is a risk management framework that helps organizations establish clear responsibilities and accountabilities for...
Compliance Risk Management
Compliance risk management refers to the process of identifying, assessing, and mitigating risks associated with non-compliance with applicable laws, regulations,...
Corruption Perception Index (CPI)
The Corruption Perception Index (CPI) is a global indicator that measures the perceived levels of public sector corruption in different...
Financial Fraud Detection
Financial fraud detection refers to the process of identifying and preventing fraudulent activities within the financial system.
Data Protection and Privacy (AML)
Data protection and privacy in the context of anti-money laundering (AML) refers to the safeguarding of personal and sensitive information...
Get in touch with us
Book a 20 minutes discovery call now.