... Fraudulent activities Data mining Machine learning Risk-based approach Artificial intelligence Figure 1. Overview of research procedure This review paper is to recapitulate and outline on “techniques that were applied in Anti-Money Laundering system to detect Money laundering...

...Lars Haffke Purpose Anti-money laundering (AML) obligations follow a risk-based approach, making their extent subject to the degree of AML risk. Money Laundering Reporting Officers (MLROs) must constantly assess risks, for example, by conducting annual risk assessments of the company. The purpose...

...Muhammet Emir Çelik Purpose The purpose of the research paper is to determine the efficiency of all crimes approach, their relationship with a risk-based approach and the consequences on regulated sector professionals. And, therefore, what is meant by suspicion, how employees follow...

... Emerald Publishing Limited Licensed re-use rights only The research sets out a comprehensive view on the AML legislative framework of South Africa and Mauritius. It has highlighted the mechanisms used in these two countries to combat money laundering is the risk-based approach. Finally...

... Group on money laundering, Bangladesh must adopt a risk-based approach to regulate these entities. Design/methodology/approach This study applied an exploratory design and investigated the real nature of the challenge Bangladesh facing in adopting a risk-based approach to regulate gambling...

... African financial markets. The paper is original research on the South African anti-money laundering regime. Money laundering Customer due diligence High-risk customers Risk-based approach Ongoing due diligence The term “proceeds of unlawful activities” is defined in the POCA...

... to MFIs/MFPs. Microfinance Vietnam Developing country Financial inclusion Risk-based approach AML/CFT AML measures were designed in the late 1980s to counter the abuse of formal financial services to launder large sums of proceeds of drug trafficking (Gilmore, 2004 ; De Koker...

... approach. © Emerald Group Publishing Limited 2014 Money laundering Profiling Identity fraud FATF Financial inclusion Anonymous customers Customer identification Terrorist financing Risk-based approach Simplified CDD The Financial Action Task Force (FATF) sets international...

...-Terrorism Act Patriot Act Risk-based approach The USA Patriot (Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism) (2001) was enacted in response to terrorist attacks in the USA on 9/11/2001. In relation to money laundering, the relevant...

...Lishan Ai Purpose This paper attempts to examine the practical condition of implementing risk‐based approach (RBA) in Chinese financial sectors. Design/methodology/approach This paper compares the differences between rule‐based approach and risk‐based approach (RBA), and provides different...

...Anna Simonova Purpose The purpose of this paper, which is a part of a PhD thesis, is to detect problems associated with the risk‐based approach to anti‐money laundering (AML), as well as present ways to improve the risk‐based approach. Design/methodology/approach The method is law...