...Abdulrasheed Bawa Purpose This paper aims to explain why the implementation of Financial Action Task Force ( FATF ) anti-money laundering ( AML ) and counter-financing of terrorism ( CFT ) standards vary significantly across sectors within the same national jurisdiction. Using Nigeria as a case...

...Lucia M. Sommerer Purpose This study aims to examine whether bank lending connected to environmentally destructive activities can give rise to criminal liability under anti-money laundering ( AML ) law. It challenges the prevailing framing of environmental risk in finance as a matter...

...Sonja Josefina Korpela Purpose The purpose of this paper is to understand the practices and processes through which the conflict between anti-money laundering and countering the financing of terrorism (AML/CFT) regulations and financial inclusion ( FI ) can be managed. This paper contributes...

...Jose Castelao-López; Teresa Corzo Santamaría; Dolores Lagoa-Varela Purpose The purpose of this paper is to systematically review and evaluate recent anti-money laundering (AML) research, focusing on methodological shifts toward machine learning and network analysis, and identify key challenges...

... is that the differences in how the beneficial ownership registers function can be eliminated only when the new Anti-Money Laundering ( AML ) Directive 2024/1640 is correctly implemented and Regulation 2024/1624 is correctly used by Member States. Two research methods were used in this study. The primary one...

... systems Legal challenges Cybercrime Money laundering Terrorist financing Anti-money laundering Combatting the financing of terrorism (CFT) Fraud Regulatory compliance The past few decades have witnessed a significant modernization in the digital financial landscape due to the emergence...

... Publishing Limited Licensed re-use rights only Anti-money laundering EU-Türkiye relations Legislative comparison Turkey EU AML package Collaboration in the domain of anti-money laundering (AML) constitutes a significant aspect of the EU-Türkiye relations, encompassing three key dimensions...

...Sarah Kebbell Purpose This paper aims to examine the effect of the disapplication of automatic simplified due diligence to law firm pooled client accounts (PCAs) under the UK anti-money laundering (AML) regime in England and Wales. The paper considers the impact that this revised approach has...

...Kamran Ali Channa; Deedar Hussain Khoso; Abdul Hanan Malik Purpose This study aims to critically evaluate Pakistan’s anti-money laundering (AML) framework in comparison to global best practices, focusing on identifying gaps, challenges and potential improvements. It seeks to enhance...

... alert review process with the aim of improving efficiency, reducing investigation timeliness and ultimately reducing time-to-SAR duration. The model did so by scoring anti-money laundering (AML) alerts to help conduct three actions: automatic hibernation of low-risk alerts; review of medium-risk alerts...

... Limited Licensed re-use rights only Anti-money laundering Customer due diligence Fintech The Financial Action Task Force (FATF) is the apex body against money laundering (ML) and terrorist financing (TF). For this purpose, the FATF has issued 40 + 9 recommendations. The preventive...

...Mallika B.K.; V.H. Ramasubramanian Purpose Money laundering has affected the economy in different ways, where the fraudulent activities are either domestic or abroad, resulting in financial instability globally. Anti-money laundering (AML) system is applied to detect and report any suspicious...

... the association between ML risks and democratic governance by a quantitative approach. The findings are based on annual ratings of 117 countries on ML/TF risks and democracy while controlling for criminality and peace. The data was compiled from the Basel Anti-Money Laundering/Countering Financing Terrorism Risks...

... into criminal network behavior and dynamics. Understanding how criminal networks adapt to anti-money laundering policies aids regulatory authorities in designing more effective and efficient measures while also enhancing the tools available to enforcement authorities for detection and investigation...

... problems of the Register’s functioning in Poland. Anti-money laundering Beneficial owners Central register of beneficial owners Act on counteracting money laundering and financing of terrorism Obliged entities Reporting institutions Tomasz Michał Matras can be contacted...

... created by author Anti-money laundering Threshold regression Financial Action Task Force compliance Financial inclusiveness Financial inclusion (FI) has recently gained attention from lawmakers and regulators, particularly in developing countries, due to its important role in poverty...

...Zeynab Malakouti Khah; Aref Khalili Paji Purpose The purpose of this study is to examine Iran’s anti-money laundering (AML) system from a legal and criminal perspective and to understand the obstacles for international cooperation and the extent to which it aligns with financial action task force...

... a technology-neutral framework, and crypto assets are regulated by the existing anti-money laundering (AML) legislation. The purpose of this paper is to gain insights into the industry adoption of measurements to prevent money laundering through crypto assets and if they are compliant with national...

...Peter Alan Sproat The aim of this paper is to raise, and consider, first-order questions about the United Kingdom’s anti-money laundering (AML) regime. Its questioning and tentative evaluation may be of interest to international readers because the UK’s AML regime has been viewed as the best...

...Endre J. Reite; Are Oust; Rebecca Margareta Bang; Stine Maurstad To the best of the authors’ knowledge, this is the first study to focus on changes in a firm's use of a bank and link this to the probability of detecting a suspicious transaction. Anti-money laundering Client risk...