Integration (Money Laundering Stage): A Wide-ranging Dictionary Guide
Integration is a crucial stage in the process of money laundering, during which illicitly obtained funds are merged into the...
Politically Exposed Person (PEP) Risk Factors
Political exposed persons (PEPs) are individuals who hold influential public positions, such as government officials or military officers. Due to...
Sanction Lists: A Full Dictionary Guide
A sanction list is a crucial tool in combating illicit activities, enabling businesses to identify and avoid individuals and entities...
Compliance Governance: An Inclusive Dictionary Guide
Explore the world of compliance governance and its significance in maintaining regulatory compliance and managing risks. Learn how Kyros AML...
How the EU Travel Rule Regulation Will Shape the Future of Financial Transactions
The significance of the EU Travel Rule Regulation cannot be overstated. Money laundering poses a serious threat to the integrity...
The Cost of Non-Compliance: Fines and Penalties under 5AMLD and EU Travel Rule
This article aims to explore the fines and penalties associated with non-compliance under 5AMLD and the EU Travel Rule and...
Adopting a Risk-Based Approach to KYC and AML Compliance
In this article, we will delve into the concept of adopting a risk-based approach to KYC and AML compliance. We...
The Future of AML Compliance Post-5AMLD: What Experts Are Saying
In today's globalized and interconnected world, combating money laundering and terrorist financing has become a critical priority for governments, financial...
Third-Party Verification in AML
Enhancing AML Compliance with Third-Party Verification - Discover the role of Third-Party Verification in AML compliance. From improving customer due...
Global Risk Assessment in Anti-Money Laundering
Unravel the complexities of global risk assessment in the battle against money laundering. Discover how this process is pivotal for...
Typologies of Money Laundering
Typologies of money laundering, as elucidated in the realm of illicit finance, connote an extensive array of methodologies, stratagems, and...
Safe Harbor Provisions: A Guide for AML Professionals
Discover the significance of safe harbor provisions in the fight against money laundering. Explore how these legal frameworks offer protections...
Cross-Border Wire Transfers: Key to AML
Uncover the intricate world of cross-border wire transfers and their importance in Anti-Money Laundering (AML). This comprehensive guide navigates the...
Cross-Border Transactions: An Ample Dictionary Guide
Cross-border transactions involve the movement of funds, goods, or services between different countries. These transactions can pose unique challenges for...
Transaction Pattern Analysis in Anti-Money Laundering
Unveil the intricate world of transaction pattern analysis in the fight against financial crime. Kyros AML Data Suite offers cutting-edge...
Correspondent Accounts
Correspondent accounts refer to accounts established by one financial institution, known as the correspondent bank, with another financial institution, known...
Pseudonymous Transactions
Pseudonymous transactions refer to financial transactions where the identity of the involved parties is concealed or represented by a pseudonym,...
Enterprise-Wide Risk Assessment
Enterprise-Wide Risk Assessment (EWRA) is a comprehensive process carried out by an organization to identify, assess, and prioritize risks across...
Electronic Money Laundering
Electronic Money Laundering refers to the process of disguising illicitly obtained funds or assets through electronic means to make them...
Risk-Based AML Supervision
Risk-Based AML Supervision refers to the regulatory approach adopted by authorities and supervisory bodies to oversee and monitor the anti-money...
Compliance Software
Compliance software refers to specialized software applications or platforms designed to assist organizations in managing and streamlining their compliance processes.
Compliance Remediation
Compliance remediation refers to the process of addressing and resolving identified compliance deficiencies or violations within an organization.
Legal Entity Identifier (LEI)
The Legal Entity Identifier (LEI) is a unique alphanumeric code assigned to legal entities engaged in financial transactions. It serves...
Electronic Identification (eID)
Electronic Identification (eID) refers to the digital authentication and verification of an individual's identity using electronic means.
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