AML-CFT compliance blog
Digital financial players must balance the pace of development, seamless user experiences, and regulatory requirements. However, “fintech” is not a legal status: the applicable rules depend on the company’s license, the services it provides, and its actual role.
Payment institutions, electronic money institutions, etc.
In a system designed to combat money laundering and terrorist financing, the accumulation of irrelevant alerts ties up analysts, slows down the onboarding process, and diverts attention from sensitive cases. Reducing AML false positives therefore becomes a matter of performance, risk management, and…
The AMLA, or Authority for Anti-Money Laundering and Countering the Financing of Terrorism, is the new European authority tasked with strengthening the fight against money laundering and terrorist financing. Based in Frankfurt, it develops the European regulatory framework and promotes the convergence of practices…