The European Banking Authority consultation on customer due diligence under the EU’s 6 th money laundering package closes on 06 June, 2025, with the EBA due to submit its findings to the European ...

Customer due diligence and pre-contractual considerations for business-to-business transactions involving the customer’s use or license of a vendor’s AI technology, such as generative AI (GenAI), ...

Olukoyede noted that such illicit activities exacerbate insecurity and hamper the country's economic progress.

The IIBF AML KYC Syllabus 2025 has been discussed detail in the given article module-wise. Along with the syllabus, ...

ING Bank is currently amid multiple projects to improve its operations through the use of artificial intelligence (AI) in its various forms. Projects around using the technology in transaction ...

Fica compliance is something companies ignore at their peril as the FSCA will see if they do not comply and fine them.

Compliance and identity verification providers are stepping up with new solutions to meet mounting regulatory pressures and ...

Bank Negara Malaysia (BNM) imposed an administrative monetary penalty (AMP) of RM17,400 on JAGS Money Sdn Bhd on Sept 19, ...

Near-bankrupt Thames Water paid £20mn to cover the due diligence costs of KKR for its abortive attempt to rescue the UK’s ...