Steps to develop an AML risk management matrix
In today’s financial landscape, organizations in both the financial and real sectors must comply with regulations set by oversight bodies to prevent m …
Why do banks retain inactive customer data?
Content Why Banks Retain Data from Inactive Customers AML Compliance and Data Retention in Financial Institutions Customer Due Diligence (CDD) and Ult …
Jérôme Kerviel's fraud at Société Générale bank
In the world of financial crime prevention, the case of Société Générale and Jérôme Kerviel stands as a stark reminder of the devastating consequences …
Consequences of money laundering for businesses
Money laundering represents a critical threat to businesses worldwide, with far-reaching consequences that extend beyond immediate financial risks. Un …
