Goldman Sachs and the government of Malaysia recently announced an agreement to resolve all criminal and regulatory proceedings involving the investment bank in the country over 1MDB through a $3.9…
Read moreIMPACT ANALYSIS: Risk and Compliance under a Digital Transformation
Digital transformations within an organisation usually starts with an ambitious vision, and many issues in risk and compliance need to be considered to make the vision a reality and create value for the organisation and protect consumer interests.
Read moreWebinar: Environmental Crime, and the Evolving Role of Financial Intelligence
In this webinar we invite leading experts in environmental crime to discuss the role that financial intelligence can play in protecting the natural world.
Read moreIMPACT ANALYSIS: DFSA cyber risk report finds enhanced management needed
The Dubai Financial Services Authority (DFSA) has published a thematic review report on cyber risks. The review assessed cyber risk governance frameworks, cyber hygiene practices and resilience (incident preparedness) programmes.…
Read moreSurvey for fifth annual report on fintech, regtech and the role of compliance 2021
Technological innovation presents both challenges and opportunities for financial services firms.
Read moreWirecard fraud highlights importance of holistic PSP due diligence and contingency planning for merchants
Financial fraud at Wirecard AG, a German payment service provider (PSP), has caused disruption and uncertainty for business merchants that rely on the global firm to handle customer payments. The…
Read moreChecklist for Trade Specialists in MENA
Reduce risk and capitalize on opportunities Trade compliance can be a costly exercise, but as they say – the only thing more expensive than getting it right is getting it…
Read moreCOVID-19: the need for a strong compliance culture
It has been a decade since the Financial Action Task Force, in its Reference Guide and Information Note of October 20101, advised organizations to adopt a culture of compliance to…
Read moreFinancial Crime during COVID-19: Tackling fraud, scams and misinformation [Infographic]
Thomson Reuters has compiled an infographic that provides a snapshot of the COVID-19 pandemic’s impact on financial crime across the globe. Our brief visual guide features key statistics gathered from…
Read moreGlobal ‘recalibration’ needed for AML/CTF regime in wake of pandemic
The gradual phasing out of COVID-19 restrictions will present an unprecedented opportunity to recalibrate and potentially even “reset” the global financial crime compliance framework. The lessons from the pandemic have…
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