Blog

AML & KYC Compliance

All you Need to Know about the EU’s Action Plan for a Comprehensive Union Policy on preventing Money Laundering and Terrorism Financing

The European Commission has adopted an action plan for a comprehensive Union policy on preventing terrorism financing and money laundering. The goal is to adapt the existing regulatory framework to specific threats and vulnerabilities that the EU is currently facing while allowing room for it to evolve as necessary.

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AML & KYC Compliance

The Cost of Neglecting Sanctions Lists Checks and PEP Screenings

Sanctions lists and PEP screenings are required as part of Anti-Money Laundering (AML) Counter Terrorist Financing (CTF) compliance. The Financial Action Task Force (FATF) requires that PEP and sanctions lists screenings be completed when onboarding customers and establishing a new business relationship. Failure to complete the screenings or following Know Your Customer (KYC) requirements will result in expensive fines and sanctions.

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New Server Setup

We were born as a service for SAP customers, and as a SAP service having the default SSL port 443 with a self encrypted certificate

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Search Fuzziness

Sanctions.io has supported fuzzy search for quite some time already, but today I’d like to introduce new feature which will allow our customers to tweak

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