The importance of transaction monitoring

The financial services sector is one of the heavily regulated sectors around the world. Entities offering financial services are required to prevent criminals from abusing their services and protect themselves from relevant regulatory breaches and reputational damages. The technological advances and developments have changed the way customers transact. More and more businesses are building their […]

Understanding sanctions lists

Sanctions are measures imposed by governments or bodies to achieve the objectives of the foreign policy of a country or a group of countries without the use of armed force. Sanctions are measures implemented to protect international law, human rights, and rule of law. The main sanctions lists that affect most countries worldwide include: 1. OFAC […]