Finance Identifying Beneficial Ownership: A Regulatory Conundrum by internationalbanker December 2, 2022 Undertaking comprehensive customer due diligence (CDD) on corporate vehicles such as companies, trusts, foundations, and partnerships, has inevitable challenges especially … Continue Reading December 2, 2022 1 FacebookTwitterPinterestEmail
Banking How Banks Can Tackle the Economic Crime Act Hurdle by internationalbanker May 30, 2022 During the COVID era, banks were cut some slack by regulators, but that ended with the Ukraine-Russia war. In the … Continue Reading May 30, 2022 0 FacebookTwitterPinterestEmail
Finance Banking: The New Front Line – Russian Sanctions Update by internationalbanker March 4, 2022 Last week, UK Prime Minister Boris Johnson announced the “first barrage” of UK-led sanctions against Russian economic interests following Russia’s … Continue Reading March 4, 2022 0 FacebookTwitterPinterestEmail
Banking The Case of the Disappearing Bank by internationalbanker July 12, 2019 For several years now, anti-financial crime (AFC) regulations have prohibited the operation of shell banks. A shell bank is a … Continue Reading July 12, 2019 0 FacebookTwitterPinterestEmail