Industry Insights: The Gambling Sector and Financial Crime
Have you ever wondered why the gambling industry is particularly vulnerable to money laundering? Or how criminals exploit this sector for illicit activities? Find the answers here: 1. Why is gambling vulnerable to money laundering? The cash-intensive nature of casinos and gambling institutions makes them an attractive target for money laundering. With most transactions […]
Financial Crime risks in the forex trading
Financial Crime in Forex Trading: Understanding and Mitigating Risks Financial crime in Forex trading represents a significant challenge, encompassing fraud, money laundering, and market abuse. Annually, the financial industry faces substantial losses due to these activities. This guide aims to highlight specific financial crime risks and the obstacles they create in preventing and detecting unlawful acts. 1. Market Abuse […]
