Resources
Customer Identification Program (CIP)
"The Customer Identification Program is not just a regulatory obligation; it is a critical tool in the...
Non-Financial Businesses and Professions (NFBPs)
Non-Financial Businesses and Professions (NFBPs) encompass a wide range of industries and occupations that are vulnerable to...
Customer Risk Assessment
Customer Risk Assessment is a crucial step in ensuring compliance with anti-money laundering (AML) regulations. This article...
How to Develop an Effective AML Compliance Program
Developing an effective AML compliance program is a complex but crucial task. It's not just about ticking...
Watchlist Screening
In this edition, we will explore the significance of watchlist screening, its definition, practical examples, statistics, and...
Global Risk Assessment in Anti-Money Laundering
Unravel the complexities of global risk assessment in the battle against money laundering. Discover how this process...
Correspondent Accounts
Correspondent accounts refer to accounts established by one financial institution, known as the correspondent bank, with another...
Designated Non-Financial Businesses and Professions (DNFBPs)
Designated Non-Financial Businesses and Professions (DNFBPs) refer to specific categories of businesses and professions that are vulnerable...
Suspicious Order Report (SOR)
A Suspicious Order Report (SOR) is a regulatory requirement in the field of anti-money laundering (AML) and...
Compliance Audit Trail
A compliance audit trail refers to the documented record of activities, events, and transactions that are captured,...
