Money Laundering

Understanding FATF: The Global Watchdog Against Financial Crimes

In the financial world, safety comes first. That's where the Financial Action Task Force FATF, often called FATF, steps in. It came into existence...

Implications of ISO:20022 on combating Financial Crimes

Banks and financial organizations are preparing to migrate their payment systems. They want to switch from the old system to the new and data-rich...

CAME Becomes a Certification of National Significance

If we go 2000 years back in time, Money laundering existed and if we go 2000 years forward in time, it would still be...

Financial Crimes in Trade – A Global Menace

“I thought my jokes were bad” storms in the Joker (the immortal Heath Ledger performance) Remember this scene from the Batman- Dark Knight, 2008. The...

The risk of issuing the Sovereign Coins

As the crypto currency becomes popular, different variants of the technology will emerge. Globally, central banks and the governments are against private digital currency...

Unraveling the Intricacies of Kuzhalpanam

In the verdant landscapes of Kerala, a term echoes through the alleys and whispers in hushed tones – Kuzhalpanam. Often referred to as Pipe...

Understanding Phantom Shipments in TBML Parlance

In the wake of Trade Based Money Laundering, one term is being commonly used these days and is called Phantom Shipments -The shipments, which...

Importance of Risk Assessment in Anti Money Laundering

Risk assessment is the basis of applying the risk-based approach in any organization. Performing an AML risk assessment enables an organization to understand how,...