AML and KYC Implications of New Sanctions on Russia
Over the past few days, Western countries have responded to the attack on Ukraine by…
Claus ChristensenMarch 1, 2022
Global AML Fines Continue to Surge in 2021
The surge in anti-money laundering regulatory fines is not slowing down. As reported in the…
Claus ChristensenAugust 23, 2021
Amendments to FATF’s Recommendation 24 on Beneficial Ownership
Unnecessarily complex corporate structures remain one of the most effective ways for criminals to hide…
Claus ChristensenAugust 12, 2021
Swedish banks & the police formalise new AML information sharing pact
As reported in Finextra, Sweden's five largest banks and the local police have formalised an…
Claus ChristensenJanuary 19, 2021
New U.S. AML Legislation Requires Beneficial Ownership Filings
During the last stretch of 2020, the United States' House of Representatives and the Senate…
Claus ChristensenJanuary 6, 2021
KYC and AML Requirements for Prepaid Cards
The coronavirus pandemic has represented a turning point in the use of cash. Because of…
Claus ChristensenOctober 12, 2020