“Beyond the Surface: Why Screening and Monitoring Together Form the Backbone of Robust AML Programs”
In the fight against financial crime, it’s easy to conflate transaction screening with transaction monitoring—but each serves a distinct purpose. Failure to distinguish between...
US Extends Ban on Mexican Banks Over Money Laundering Concerns Until October 20
The US Treasury’s Financial Crimes Enforcement Network (FinCEN) has extended its prohibition on certain Mexican banks from accessing the US financial system, citing ongoing...
aw Firms Under the Microscope: Avoiding Costly AML Compliance Pitfalls
Anti-Money Laundering (AML) regulations have become one of the most pressing challenges for law firms, particularly as regulators increase their scrutiny of the legal...
EBA Pushes the Tech Frontier: How SupTech is Reinventing AML and CFT in Asset Services
The European Banking Authority (EBA) is driving a bold transformation in anti-money laundering (AML) and combating the financing of terrorism (CFT) by promoting the...
Citi Accelerates Fund Onboarding in Europe with Fenergo’s AI-Driven Compliance Engine
Citi’s Global Transfer Agency is taking a decisive step in modernizing fund servicing across Europe by integrating Fenergo’s advanced Client Lifecycle Management platform. This...
