The 6th money laundering (6AMLD) directive has already been in effect in EU member states since the 3rd of December, 2020 however financial institutions are mandated to implement it by
In October 2020, the FATF identified new countries with strategic anti-money laundering or counter financing of terrorism deficiencies and prioritised reviewing listed countries with expired or expiring deadline. The FAFT
The European Union (EU) Tax Haven Blacklist is a tool that lists tax-havens. The EU list of non-cooperative jurisdictions for tax purposes is an instrument used to tackle issues on
Sustainability and ethical investing have become more prevalent in traditional money markets, as positive financing towards sustainable goals is seen to generate substantial returns. The introduction of the ‘Green Bond’
The recently implemented African Continental Free Trade Agreement (AfCFTA) presents a significant opportunity for African countries to bring 30 million people out of extreme poverty and raise 68 million others
The Unexplained Wealth Order (UWC) is an initiative established by the UK government to probe into people whose income sources and pattern of expenditure became questionable to financial regulators. It
Rapid technological advancements have led to blockchain technology, which is a secure method of transaction, trade, and record-keeping. Blockchain powers Bitcoin known as Crypto- Coin (CC), a digital currency that
The current pandemic poses various challenges to organisations, one of which is the increase in financial crime risk, with criminals seeking new ways to launder illicit money and exploiting weaknesses
The current pandemic poses various challenges to organisations, one of which being the increase in financial crime. Digitalisation continues to grow at a rapid rate and criminals appear to be
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