Insights

Your hub for everything anti-money laundering (AML) and regulatory compliance insights. Subscribe and receive an email whenever we publish a new post. Usually 1-2 times per week.

In the face of changing customer behaviors, and an exponential growth of transactions being made, it's more important than ever having Anti-Money Laundering (AML) regulatory processes in place.

1 Jun 2023 | 6 min read

Large sums of money move within the real estate industry - which offers an opportunity for money laundering and terrorism financing. Especially since a large sum of money can be laundered in just one single transaction.

Blog

Customer onboarding

AML

11 May 2023 | 7 min read

Verified acquires Pliance following €31 million investment from Verdane and acquisition of Assently.

Blog

News

AML

3 May 2023 | 15 min read

As financial crime is becoming more sophisticated, anti-money laundering (AML) compliance work is more crucial than ever for financial services providers, but can be quite costly and time-consuming.

Blog

Customer onboarding

AML

12 Apr 2023 | 6 min read

Financial criminals continue to find new ways to lure the system into enabling their criminal activities, and laundering money through cryptocurrency is a growing concern. Not only is money laundering through crypto becoming increasingly difficult to spot, but preventing such activities is quite a challenge due to the anonymity that cryptocurrencies provide.

Blog

Crypto

AML

4 Jan 2023 | 7 min read

Taking initiatives to collaborate and talking with other businesses - facing the same challenges - will undoubtedly help organizations find effective processes and solutions quicker.

Blog

AML

10 Oct 2022 | 5 min read

Along with globalization, criminal organizations are getting a lot bigger and complex. It’s therefore not only crucial with effective anti-money laundering procedures, but also becoming necessary to digitize processes and harmonize legislation.

Blog

AML

23 Sep 2022 | 10 min read

In the face of changing customer behaviors, and an exponential growth of transactions being made, it's more important than ever having Anti-Money Laundering (AML) regulatory processes in place.

Blog

Customer onboarding

AML

2 Mar 2020 | 15 min read

When talking about blockchain technology you might think about bitcoin, that decentralized public ledger of transactions. The two dominating cryptocurrencies are Bitcoin(BTC) and Etherium(ETH), and as of this writing, the price of BTC is trading at nearly $8 717. ETH, on the other hand, is further behind at $223.

Blog

AML

Developer

7 Jan 2020 | 5 min read

Companies must take certain actions in order to prevent money laundering. A company failing to take such actions risks exposing both itself and its key individuals for severe consequences. Banks and other financial entities run the risk of being ordered to pay heavy fines in case of breach of the anti-money laundering regulation. Banks and other financial entities run the risk of being ordered to pay heavy fines in case of breach of the anti-money laundering regulation.

Blog

AML

6 Jan 2020 | 15 min read

The Swedish Measures Against Money Laundering and Terrorist Financing Act (referred to as the Anti-Money Laundering Act below) sets up a number of requirements that a wide range of financial firms and other operators conducting business in Sweden must comply with in respect of anti-money laundering. These requirements apply to and must be met by a wide range of entities, including banks and life insurance companies to organizers of casinos and lotteries.

Blog

AML

18 Dec 2019 | 10 min read

The term anti-money laundering ( referred to as AML) refers to laws, ordinances and other regulations, policies and procedures aimed at preventing money laundering and corruption. In Sweden, there are two main laws targeting money laundering, the Swedish Measures Against Money Laundering and Terrorist Financing Act (Sw. lag (2017:630) om åtgärder mot penningtvätt och finansiering av terrorism), (we will refer to it as the Anti-Money Laundering Act), and the Penalties for Money Laundering Offences Act (Sw. lag (2014:307) om straff för penningtvättsbrott).

Blog

AML

19 Nov 2019 | 7 min read

Criminal activity and money laundering are international occurrences and are often conducted across national borders. Since money laundering usually follows most profit-generating criminal activities, it can occur anywhere in the world.

Blog

AML