AML Watcher launches its AML Screening Suite in MENA, tackling name-matching complexities with tailored tools to enhance compliance in the region. The inability to accurately match names isn’t just an ...

The rise of crypto-assets, particularly those on permissionless public blockchains, has posed significant challenges for anti-money laundering (AML) compliance. Traditional AML frameworks, which rely ...

Time and again, seemingly successful bank mergers have been rocked by revelations of poor anti-money-laundering compliance. Assessing the AML risk of a potential merger partner is extremely tricky, ...

On February 13, 2024, the Financial Crimes Enforcement Network (“FinCEN”) proposed anti-money laundering (“AML”) compliance obligations for certain investment advisers (the “Proposal”). 1 As proposed, ...

Six steps can take institutions beyond merely good. What makes for a great anti-money laundering compliance program? This is not a pie-in-the-sky idea. As financial institutions strive to keep up with ...

Morgan Stanley isn’t the only bank to have been fined recently for Anti-Money Laundering non-compliance. However, when the U.S. Financial Industry Regulatory Authority (FINRA) dished out a $10 million ...