The FATF’s New Sanctions Compliance Guidance for the Virtual Currency Industry

The Financial Action Task Force, or FATF, has recently issued new sanctions compliance guidance for virtual currency. Understanding these requirements is crucial for any organization in the crypto industry, and this comprehensive guide is here to help.

Failure to follow the sanctions regulations can be very costly. Not only can it harm the integrity of the national sanctions programs and their related objectives, but violations can also result in your organization facing civil penalties and other fines.

Learn more about the FATFs compliance requirements and best practices for ensuring you meet all applicable standards.

The Pandora Papers and the Effect on AML Compliance Teams in the Future

The Pandora Papers have given the world an unprecedented look into the financial system used by many of the world’s most powerful and wealthy individuals. This large investigation will most likely affect AML compliance teams, KYC best practices, and even sanctions imposed by regulatory authorities.

What exactly does this expose on the offshore havens of world leaders and the 1% mean for everyone else?
This comprehensive guide will dive into what the Pandora Papers are, what the leaks revealed, and the impact it will have on anti-money laundering efforts.

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.

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.

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. 

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.

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

Money

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.

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.

AML Guide for Tax Consultants

Tax Return

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.

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.