Know Your Country | KYC goes beyond Know your Customer in AML Analysis
While KYC stands for “Know Your Customer” and is at the heart of AML efforts, for compliance teams...
Heightened Scrutiny On Prime Brokers Following KYC Failure at Archegos
This week, Credit Suisse announced it will exit the hedge fund business as the Swiss bank looks to...
The New Frontier: Modernizing Sanctions in a New Geopolitical Stage
Last week, the WSJ reported that the Biden administration plans to limit the use of sanctions in a...
More Clarity, Transparency and Efficiency with Sigma Terminal
Today, we are releasing the following updates to improve the clarity of our insights, transparency...
Owning Up
Last week, Reuters reported that “as the Biden administration pushes ahead with an effort to combat...
FinTech Week
In recent years, the term “FinTech” has been swirling around media reports and economic discourse...
New Rules, Old Goods
This week, the OCCRP reported that an “owner of a swanky Manhattan art gallery, who sold ancient...
How Do Pandora Papers Impact AML
This week, the world was rocked by revelations from the Pandora Papers, the largest leak of records...
The Coming Storm!
This week, German digital bank N26, the country’s highest valued start-up, was fined $5M for AML...
Trade-Based Money Laundering & HS Codes
Previously, we have discussed the large, though often overlooked, role that trade-based money...
A New Regime
This week, from the U.S sanctions against SUEX OTC, the first time the Treasury Department has...
A Universal Downgrade
This week, the Basel Institute on Governance published the 10th annual edition of the Basel AML...
Never Again.
Today, we mark the 20th anniversary of September 11th, 2001. With 33.2% of the world’s population...
KYI - Know Your Influencer
Last month, the Council on Foreign Relations reported that an arrest warrant issued by U.S. law...
Extended Sanctions Risk
Not everybody has a glass-half-full kind of mentality, but when it comes to ownership by sanctioned...
Where Do We Go From Here?
This week, with the world’s eyes on Kabul, the Group of 7 announced that they agreed on a plan to...
Afghanistan and the March of Time
I served as the U.S. Treasury Department’s Financial Attache to Afghanistan during the eighth,...
How Compliance Professionals Should Be Thinking About Afghanistan
From a financial crime perspective, financial institutions, fintechs, and others should proactively...
Out of the Shadows
Earlier this week, cryptocurrency found itself at the center of a heated U.S. Congressional debate...
Canary in the [Gold] Mine
This week, Monzo, an early fintech unicorn, disclosed in its annual report that it is facing a...
The Bulgarian Banksy
Last month, the U.S. State Department and U.S. The Treasury Department sanctioned Vassil Bojkov, a...
