...Nadiia Horobets; Oleg Reznik; Vasyl Maliyk; Ivan Vyhivskyi; Liliia Bobrishova Purpose AI capabilities enable banks for more effective anti-money laundering (AML). Regulatory initiatives, including the Sixth Anti-Money Laundering Directive (AMLD6) and the AI Act, impose various requirements on AI...

... traced the collapse of most banks in the past to weak corporate governance. In response to this, the Central Bank of Nigeria established a Code of Corporate Governance which was made mandatory for all banks in Nigeria since 2003. Fifteen years after this provision the amount of actual loss attributed...

...Te-En Chan; Ya-Hui Chan; Shu-Ping Lin Purpose Anti-money laundering has attracted much global attention, driving banks to invest in the establishment of suspicious transaction report mechanisms for the declaration of suspicious transactions. However, very few studies discuss how to influence bank...

...Constance Gikonyo Purpose Kenya is vulnerable to trade-based and other forms of money laundering. Banks are prime targets for money launderers since they can facilitate the processes of placement, layering and re-integration. Consequently, banks are key in fulfilment of the prohibitory...

... account deposits at the bank based on the data in Harbeck (2011) . The Madoff Ponzi scheme was sitting on a cash hoard in excess of a US$1bn by the 1990s. Most of that money came into and stayed in the 703 account at JPMorgan Chase or it was transferred to one of the 11 other bank accounts. The author...