... knowledge. Money laundering FATF Stock market Terrorism financing Due diligence Insider trading “Money laundering” (ML) and “terrorism financing” (FT) are “organized crimes” which are considered as one of the significant factors challenging the integrity of the financial system across...

... identification, conducting due diligence, awareness of the risk exposure and permanent education. Originality/value By recognizing the risk profile faced by the non-financial sector, this paper seeks to point out their role as “Gatekeepers” that is far from being negligible. By analyzing the risk of money...

... vulnerabilities and the rapid changes in money laundering trends. FATF Corruption Money laundering Regulations Due diligence Proceeds of crime International bodies and the national government, in the 1980s, indicated an interest in mitigating money laundering that resulted from the significant...

... Tokens Bitcoin Cryptocurrency Money laundering Due diligence Liechtenstein Blockchain Act TVTG Compliance TT services Blockchain technology is on the rise, and businesses and private users alike are using it for a variety of purposes. Whereas businesses often use blockchain to optimize...

... sector neglected compliance guidelines and due diligence, thus effectively facilitating the laundering of misappropriated 1MDB funds. The purpose of this paper is to give bankers and compliance officers an overview of the methods money launderers use to circumvent compliance measures so that the Swiss...

...George Demetriades Purpose – This paper aims to critically examine the impact of the evolution of technology regarding customer due diligence (CDD) measures and highlight potential weaknesses in the areas of business emerged from third parties, politically exposed persons and international...

...Tang Jun; Lishan Ai Purpose The purpose of this paper is to systematically introduce the latest documents of customer due diligence (CDD) issued by international organizations and developed countries, and to examine practice of CDD in China. Design/methodology/approach This paper reviews...

... possible reasons. First, if a global and all‐inclusive list of PEPs exists, criminals and terrorists will know who to and not to corrupt to avoid the additional scrutiny of enhanced due diligence. Second, a one size fits all PEP definition is unlikely to be successful. Rather than simply creating...