February 2018

Sanctions Update: Is the Iran Nuclear Deal in Jeopardy?

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Post category:AML Surveillance Compliance Customer Due Diligence KYC Political Corruption Sanctions

Although controversial to this day, the 2015 Iran nuclear deal is widely considered the signature foreign policy move made by Barack Obama during his tenure as President of the…

The 5th Pillar – The Beneficial Ownership Rule Deadline

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Post category:Customer Due Diligence

Customer due diligence is universally recognized as a fundamental process to mitigating illicit finance risk, even though not all financial institutions use the specific term “customer due diligence” to describe…

The European Union’s Crypto-Quandary

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Post category:AML Surveillance Anti-Money Laundering Bitcoin Customer Due Diligence Cybersecurity Risk

Since their grand introduction on the global stage, cryptocurrencies have been the subject of great debate amongst the masses, particularly in the financial sphere where potential threats that have emerged…

Everyday Technology Posing New Compliance Risks?

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Post category:AML Surveillance Anti-Money Laundering BSA Compliance Customer Due Diligence FinTech

The growth and reliance on technology in the financial realm in recent years has opened new doors for financial service enterprises across the globe to promote better, more efficient practices,…

Trump Met with Backlash Despite Fresh Sanctions Against Russia

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As the political turbulence between the Ukraine and Russia continues on into 2018, the United States stepped in on January 26th to issue new sanctions against a reported 21 individuals…