Blog

AML & KYC Compliance

Sanctions Compliance for Crypto Businesses

All financial institutions and regulated businesses need to comply with AML regulations and this also includes the crypto industry.
This guide will help to understand the Crypto Industry’s specific challenges, how to identify red flags and implement best practices for a comprehensive compliance process.

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AML & KYC Compliance

Sanctions Screening in the Mining Industry

Sanctions screenings are a vital part of complying with Anti-Money Laundering and Counter-Terrorist Financing regulations. What exactly is a sanctions screening – and how does it impact the Mining Industry?
Learn more about Sanctions Screening in the Mining Industry and the best practices you should follow to remain compliant.

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AML & KYC Compliance

AML Guide for NGOs

All organizations must comply with applicable anti-money laundering regulations, including NGOs. Keep reading to learn more about the AML risks that NGOs face, as well as how they can combat them. 

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AML & KYC Compliance

Important Sanctions Lists in the EU and US

What are the most important Sanctions Lists for companies doing business in the US or Europe? Especially for startups in FinTech it’s not easy to figure out on which Sanctions Lists to focus on first.
This guide provides some helpful starting points in terms of which Sanctions Lists you definitely don’t want to miss in your screening process.

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Money
AML & KYC Compliance

What is Anti-Money Laundering & How to Comply with AML Regulations

Anti-money laundering processes are key to protecting the integrity of financial systems. These regulations aim to prevent criminals from passing illicit funds through a legitimate transaction or using that money to finance terrorist activities.
This comprehensive guide will review what the term anti-money laundering means, what the process looks like, and why AML is so important in banking, finance and also unregulated industries.

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AML & KYC Compliance

The EU Looks to Overhaul their AML and CTF Approach

The EU’s AML regulations are often interpreted differently from one nation to the next, and legislative gaps in one country can lead to negative impacts across the EU.
As a result, the EU is looking to overhaul its AML and CTF approach. The new proposal will help standardize practices and improve their efforts to combat crime in the financial systems. These new measures will address emerging challenges with virtual currencies, the global nature of financial crimes, and the consistent application across borders.

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Tax Return
AML & KYC Compliance

AML Guide for Tax Consultants

Tax consultants play an important role in preventing and detecting money laundering and terrorist financing. This guide will review the risks that tax consultants face regarding Money Laundering as well as what procedures they need to have in place to address these.

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AML & KYC Compliance

AML Guide for Law Firms

Money Laundering is not only a concern for the financial industry, also the legal industry is affected. This guide will provide an overview of how Law Firms are affected by Money Laundering, which regulations need to be taken into consideration, as well as compliance best practices.

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Integration

sanctions.io Joins API3 Alliance as Founding Member

As a leading API provider, it will always be our responsibility to help strengthen and develop the API economy as much as we can. That is why we are proud to announce that we have officially joined the API3 Alliance 2 as founding members — a strategic coalition of 100+ like-minded API providers committed to bringing our data and services currently offered to traditional web applications directly to the Web3 economy, without the reliance on third-party middlemen.

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High Risk Jurisdictions
AML & KYC Compliance

High-Risk Jurisdictions According to the FATF

The Financial Action Task Force, or FATF, publishes a list of high-risk jurisdictions to enhance anti-money laundering policies and procedures. All regulated businesses should be familiar with these jurisdictions, as working with them can affect your AML screening process. Failure to comply can lead to strict sanctions, so keep reading to learn more about what this means for your business.

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