Exclusive Content
Sanctions Screening: A key element of AML and Financial Crime Prevention
As financial institutions become increasingly interconnected through global payment systems, correspondent banking relationships, digital banking platforms, and international trade networks, the challenge of preventing...
Legal Entity Identifier in India
G20 Countries are pushing for the Legal Entity Identifier as effective mechanism of tracking the entities with Unique 20 Digit code. India is pushing...
Legal Entity Identifier is a KYC Game-changer
Today, Indian Banks have reached the minimum maturity level of Due Diligence and Know Your Customer Processes. However, the real challenge starts when...
Identifying Politically Exposed Persons in Crypto Currency Trades
Though globally there is a strong momentum against stopping the politically exposed persons from entering the mainstream financial markets, crypto currencies have granted them...
The Role of Ultimate Beneficiary Owners in Indian Context
The identification of Ultimate Beneficial Owners (UBOs) has become one of the most important components of modern anti-money laundering (AML), Know Your Customer (KYC),...
What Is Enhanced Due Diligence (EDD)? Meaning, Requirements and Process
Enhanced Due Diligence (EDD) is a risk-based process that financial institutions use to examine customers and business relationships that present a higher risk of...