Friday, February 23, 2024

An Autopsy of Fraud Scams

Covid-19 has a significant impact on the socio-economic-political landscape, leading to a shift from face-to-face transactions to digital transactions. The advantages are that you...

How to Pass CISSP easily. Best guide on saving your time, money, and effort.

Let me cut into the chase. I know you have looked at so many resources regarding preparing for CISSP. One thing, I am sure...
Money Launderer

Understand Hawala or Hundi Banking, What makes it Illegal and ways to Identify...

Most people who have encountered this term Hawala or Hundi may not fully grasp the meaning of it. Nowadays, we link these terms to...

Understand Trade-Based Money Laundering in Simplified Way? WHAT, WHEN, WHERE, WHY, HOW, and WHO...

Trade-Based Money laundering accounts for “hundreds of billions” of dollars worldwide. So this article aims to describe all the components of trade-based...

AML/CFT Process Simplified: AML/CFT Training.(Part 6-Final)

You must know that regulatory bodies take punitive action against any organization that does not provide training to employees regarding AML/CFT. But do you...

AML/CFT Process Simplified: AML/CFT Organization Structure(Part 5)

Congratulations, you have now completed more than 50% of the work in AML/CFT. You have done Money laundering and Terrorism financing risk assessment developed...

Simplified Way of Understanding goAML: Problems in implementing goAML(part 2)

From the previous article, we have come to known that why different regulatory bodies want to implement goAML and why they are pushing different...

AML/CFT Process Simplified:Understanding goAML(part 1)

If you are in the financial institution sector, you must have heard the term GoAML. This two-part article series will explain...

AML/CFT Process Simplified: AML/CFT Procedures (Part 4)

If you are following my articles series , you must by now have  known the difference between the AML/CFT policy...

AML/CFT Process Simplified: Anti-Bribery Policy and AML/CFT Policy. (Part 3)

Welcome to part 3 of our article series which is all about creating policies and procedures regarding AML/CFT. Once you have done a risk...