A recent years-long effort by Morgan Stanley to expand its wealth business globally caused it to overlook a significant number of high-risk clients, to the point that one in four of its international ...

While the struggle against illicit gains has been a constant in finance, it's a battle that has changed over time, with evolving laws, rules and practices. I've had the opportunity to work closely ...

Time and again, seemingly successful bank mergers have been rocked by revelations of poor anti-money-laundering compliance. Assessing the AML risk of a potential merger partner is extremely tricky, ...

Various factors drive this complexity. Some countries, such as Luxembourg, impose additional documentation standards beyond global norms. High-risk clients—including politically exposed persons (PEPs) ...

AML UAE introduces the 2024 AML/CFT Compliance Calendar, simplifying AML compliance tasks for businesses in the UAE. Stay compliant, stay secure. We are committed to supporting the AML community by ...

Ian Jeffries (Chief executive of the Law Society England and Wales), Victoria Hancox (Head of Regulation & AML), Chris Green (CEO Xapien). Courtesy Photo Pinsent Masons has partnered with AI company ...