Category: AML

Correspondent Banking is the provision of banking services by one bank, the “Correspondent Bank”, to another bank, the “Respondent Bank”. And like any ...

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News travel fast. Especially bad news. It is the same principle for AML news, as well. We see it, read it, wonder at it, comment it, share it, discuss it ...

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No, it is not about 0.42034739454. It is however a good way to: ensure a better trace of the transfers of funds for the Authorities help Authorities ...

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It is a general thing that people tend to keep their finances personal. And yet, we see situations in which people empower other persons to open personal bank ...

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The subject of human trafficking first caught my attention when I incidentally found out that Romania is the main source of slaves for the Western Europe (EU ...

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The Trees, the Forest and the Cow We, Romanians, have a saying: “You can’t see the forest because of the trees”. It means that you are too focused on details ...

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  Some people, including in supervisory positions, consider that loans with cash collaterals are in their essence suspicious. Why would a person who ...

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  I am an AML-Compliance Officer and I really like my job. I am also a mother of 2 relatively small children (2 and 6) and I really love this role. ...

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  If you think that it can be quite difficult to spot suspicious transactions/behaviors in customers’ bank accounts, let’s think how it is to spot them ...

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