Strategic partnership combines FinScan’s real-time data quality and screening technology with Nexus AML’s expert-led ...

Scope of Obliged Entities – The AML Regulation expands the definition of ‘obliged entities’. Financial institutions listed in Article 2(6) of the AML Regulation, which includes life insurers and ...

Fidamy has partnered with compliance automation company ComplyCube to strengthen anti-money laundering (AML) and sanctions measures in the embedded insurance sector across Europe. The tie-up ...

The Situation: The European Union ("EU") Anti-Money Laundering ("AML") package adopted by the European Parliament and the Council on May 31, 2024, represents a major shift in the fight against money ...

Insurance companies will be required to frequently audit their high-risk customers in line with new guidelines issued by the regulator. The move aims at strengthening their internal anti-money ...

Why It Matters More Than Ever in the Age of Privacy Coins In a digital economy where billions move in seconds, financial crime is evolving. "Anti-Mone ...

Compliance gaps revealed weak controls for identifying politically exposed clients. Hong Kong’s Insurance Authority (IA) reprimanded and fined three licensed insurance brokerages a total of $55,770 ...

The Insurance Authority (IA) in Hong Kong has fined three insurance broker firms a total of approximately USD54,800 for breaches of anti–money laundering (AML) regulations.