Institutions must improve their AML framework and technologies to combat emerging risks to ensure a secure future as money launderers, terrorists, and other criminal organisations carry out endless attacks. Recognize common pitfalls and problem areas to avoid and fortify your KYC screening processes to prevent criminal activity.
AML & KYC Theatre
The Future of Transaction Monitoring
Technology and the use of data, analytics, and robotics are changing how suspicious activity monitoring and reporting is done now and in the future. Address existing pain points and provide opportunities for the future towards the prospect of systemic monitoring.
Countering Trade-Based Money Laundering
As the controls for preventing the traditional methods for money laundering and terrorism financing (ML/TF) have become more effective, criminals have employed more complex and sophisticated schemes involving the use of the international trade system.
Enhance Detection of Sanctions Evasion and Circumvention
Adopting advanced AML tools is vital and by integrating these strategies, your organisation can significantly improve its ability to detect and prevent sanctions evasion and circumvention whilst remaining compliant with global regulatory standards.
