Shahzaib Muhammad Feroz Digital Marketer at AKS iQ
Trade-based money laundering (TBML) poses significant risks to the global financial system, requiring robust regulatory frameworks and international standards to combat this illicit activity. Compliance professionals play a crucial role in understanding and implementing these frameworks to ensure effective TBML prevention. This article will delve ...
14 March 2024 /regulation RegTech
Financial institutions protect the financial system and play a critical role in preventing money laundering, including the tough challenge of trade-based money laundering (TBML). In TBML, criminals exploit legitimate trade channels to conceal illegal money, thereby jeopardizing financial stability. Detecting and preventing TBML is crucial for main...
12 March 2024 /regulation RegTech
In the ever-evolving landscape of global trade, Artificial Intelligence (AI) models emerge as prescient fortune-tellers, predicting the unpredictable by identifying unusual trade patterns before they unfold. These advanced models leverage machine learning algorithms to analyze vast datasets, discerning subtle anomalies that might elude traditional...
12 January 2024 /regulation RegTech
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