OFAC Specially Designated Nationals and Blocked Persons List – MAR 24 2023
Specially Designated Nationals and Blocked Persons List
Read MoreFourth Quarter Newsletter 2022 Year in Review
In conjunction with the Association of Certified Anti-Money Laundering Specialists (ACAMS), the FSRC – Nevis Branch hosted the Targeted Financial Sanctions and Proliferation Financing Workshop on November 22 and 23, 2022.
Read MoreGuidance Beneficial Ownership Legal Persons
Corporate vehicles1 such as companies, trusts, foundations, partnerships, and other types of legal persons and arrangements conduct a wide variety of commercial and entrepreneurial activities.
Read MoreFATF Guidance-RBA-NPPS
The rapid development, increased functionality, and growing use of new payment products and services (NPPS) globally has created challenges for countries and private sector institutions in ensuring that these products and services are not misused for money laundering (ML) and terrorist financing (TF)…
Read MoreFATF Guidance-RBA Money Value Transfer Services
The risk-based approach (RBA) is central to the effective implementation of the revised FATF International Standards on Combating Money Laundering and the Financing of Terrorism and Proliferation, which were adopted in 20121.
Read MoreFATF Guidance-Proliferation Financing Risk Assessment Mitigation
In October 2020, the FATF revised Recommendation 1 and its Interpretive Note (R.1 and INR.1) to require countries1 and private sector entities2 to identify, assess, understand and mitigate their proliferation financing risks (PF risk).
Read MoreFATF Guidance-On Digital Identity
Digital payments are growing at an estimated 12.7% annually, and are forecast to reach 726 billion transactions annually by 2020.
Read MoreFATF Guidance-Countering Proliferation Financing
Recommendation 7 of the FATF Standards requires countries1 to implement proliferation financing-related Targeted Financial Sanctions (TFS) made under United Nations Security Council Resolutions (UNSCRs or resolutions).
Read MoreOFAC Specially Designated Nationals and Blocked Persons List – MAR 21 2023
Specially Designated Nationals and Blocked Persons List
Read MoreFATF National ML TF Risk Assessment
Identifying, assessing, and understanding ML/TF risks is an essential part of the implementation and development of a national anti-money laundering / countering the financing of terrorism (AML/CFT) regime, which includes laws, regulations, enforcement and other measures to mitigate ML/TF risks.
Read MoreFATF Guidance-Transparency Beneficial Ownership
Corporate vehicles1—such as companies, trusts, foundations, partnerships, and other types of legal persons and arrangements—conduct a wide variety of commercial and entrepreneurial activities.
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