Before we delve into the notion of Anti-Money Laundering (AML) Compliance for Cryptocurrency Transactions, we first need to define what constitutes a cryptocurrency transaction. A...
Malta’s inclusion on the Financial Action Task Force (FATF)’s list of Jurisdictions under Increased Monitoring (also known as they ‘grey list’) in June 2021 raised...
Introduction On July the 20th 2021, the European Commission publicly announced its presentation of the ‘most ambitious package of measures’ to combat Money Laundering and...
There are many misconceptions about Politically Exposed Persons (PEPs). Many people think that it is not allowed to service PEPs. Many people think that only...
The EU’s unwavering commitment to comprehensively combat threats posed by Money Laundering (and funding of Terrorism) across the Union has been further strengthened by the...
The usage of excessive cash in normal legitimate purchases can increase the risk of facilitating money laundering, especially through cash generated from illicit activities such...
The Financial Action Task Force (FATF), which is also known as “Groupe d’action financière” is an intergovernmental organisation founded in 1989 to develop policies to...
Introduction. More often than not, the terms ‘High-Risk’ and ‘Non-Reputable’ countries are often used interchangeably within the context of Anti-Money Laundering and Countering the Financing...
