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Discover the latest news, trends, and insights on Anti Money Laundering.
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Regulations in the United States – What is the Securities and Exchange Committee (SEC)?

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January 22, 2021
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17 Minutes
#Regulation #SEC #USA
The Securities and Exchange Commission (SEC) was established in 1934 with a mission of protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital
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What is Smurfing?

November 13, 2022
6 Minutes
#AML #Smurfing #MoneyLaundering

Most people have probably heard of "smurfing" or "smurfs" in relation to the popular cartoon characters...

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The Three Stages Of Money Laundering

November 10, 2022
8 Minutes
#AML #3stages #MoneyLaundering #Placement #Layering #Integration

Everyone's heard of money laundering, but not everyone knows how it really works. Money laundering is the sneaky process of moving illegal money from...

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Money Laundering Through Money Orders

November 2, 2022
7 Minutes
#AML #Regulation #MoneyLaundering

When it comes to laundering money, many people think of huge schemes with complex financial transactions...

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What Is the 6th EU Anti-Money Laundering Directive?

October 27, 2022
5 Minutes
#AML #EU #Regulation #CTF

As a business owner, it is vital to ensure you are doing everything possible to comply...

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The State of AML Regulations in South Africa

October 10, 2022
8 Minutes
#AML #SouthAfrica # Regulation

In recent years, South Africa has experienced an economic boom. This is particularly true in the financial services industry...

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A Guide to FATF’s Travel Rule

August 30, 2022
4 Minutes
#TravelRule #FATF #AML #CTF

A recent Australian government study reveals that do not have improved policies to manage personally identifiable information

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Politically Exposed Person (PEP): What Is It?

July 28, 2022
5 Minutes
#PEP #MONITORING #AML #CTF

Are you concerned about the risk of working with a Politically Exposed Person (PEP)? ...

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PRIORITIES FOR THE FINANCIAL ACTION TASK FORCE UNDER THE SINGAPORE PRESIDENCY

July 15, 2022
5 Minutes
#Singapore #FATF #AML #CTF

The Singapore Presidency of the Financial Action Task Force (FATF) from 2022 to 2024 intends to enhance...

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Bank Secrecy Act: What Is It?

July 11, 2022
4 Minutes
#BSA #KYC #AML # SAR

The process of money laundering attempts to release criminally based funds into the legal financial system...

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FATF Blacklist & Greylist: What Do you Need to Know?

July 5, 2022
4 Minutes
#FATF #blacklist #graylist #aml

Are you concerned about the FATF Blacklist?...

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Results of the FATF Plenary - June 2022

July 1, 2022
4 Minutes
#FATF #plenary #AML #KYC #KYB #risk-based #guidance

Incombination with anti-money laundering (AML) regulations, non-compliance canresult in substantial fines...

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France, Latest FATF Recommendations

June 25, 2022
3 Minutes
#France #FATF #KYC #AML Recommendations

The country of France is challenged with a large range of money laundering risks (ML) both domestically and internationally...

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How the Lummis-Gillibrand Bill will affect Cryptocurrency Regulation in the United States

June 13, 2022
2 Minutes
#Compliance #Crypto #KYC

Being the first dual-party legislation that proposes to govern the regulation of digital assets, the Responsible Financial Innovation Act (RFIA) aims to...

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KYC for Crypto - AML/CTF Compliance

May 20, 2022
3 Minutes
#Compliance #Crypto #KYC

Know Your Customer (KYC) is an important step when dealing with cryptocurrencies. Learn what KYC for crypto means and why it’s so important...

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Why ongoing monitoring is important for your business health?

April 18, 2022
3 Minutes
#PEP #SANCTION CHECKS #KYC

With advancements in technology and constant regulatory updates, it is hard to know if your business has taken all the precautionary measures to ensure you ‘Know Your Customer’...

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Why you need PEP and Sanctions Screening for your business’ AML/CTF compliance?

March 16, 2022
5 Minutes
#PEP #SANCTION SCREENING #AML #CTF

AML/CTF compliance begins with mandatory client verification and screening for Politically Exposed Persons (PEPs)/Sanctions...

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Why you should invest in an Identity Verification (IDV) solution for your business?

February 4, 2022
3 Minutes
#IDV #MFIs #AML

Are you losing good customers to a cumbersome onboarding process? Do you want to stay ahead of potential data breaches and risks of farming out the customer verification process to third-party vendors?...

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Why using third-party services for PEP and sanction checks adds value to your business

January 16, 2022
3 Minutes
#PEP #SANCTION CHECKS #KYC

With Anti-Money laundering (AML) and Counter Terrorism Financing (CTF) legislation at the focus of security and fraud detection globally...

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How businesses need streamlined apps for KYC and AML / CTF compliance programmes

December 07, 2021
3 Minutes
#KYC #CTF #AML

As businesses scale up and expand operations beyond borders, they also need to conduct transactions rapidly and seamlessly...

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A detailed guide for AML compliance around the world

November 4, 2021
5 Minutes
#AML #Compliance # Regulation

The past few years have seen a rise in regulatory pressures across the world, together with an increase in the number of high profile fines and probes...

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Why microfinance institutions may discourage the use of money laundering and terrorist financing

May 20, 2021
5 Minutes
#Microfinance #MFIs #AML

Microfinance Institutions (MFIs) are financial companies that provide small loans to the unbanked sections of society or low-income groups.

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Regulations in the United States – What is the Securities and Exchange Committee (SEC)?

April 22, 2021
2 Minutes
#Regulators #SEC #USA

The Securities and Exchange Commission (SEC) was established in 1934 with a mission of protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation...

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AML regulations in India

March 15, 2021
2 Minutes
#AML/CTF #India #Regulation

In recent times, money laundering and terrorism financing have attracted a lot of attention forcing governments and regulators, across the globe, to focus their energies on stopping the illicit flow of funds...

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Regulation in Hong Kong

March 14, 2021
2 Minutes
#AML/CTF #HongKong #Regulation

The Hong Kong Monetary Authority (HKMA) is Hong Kong’s central banking institution. It was established on 1 April 1993 by merging the Office of the Exchange Fund and the Office of the Commissioner of Banking. The HKMA’s four main functions are...

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Artificial Intelligence in Financial Crime

March 14, 2021
3 Minutes
#ArtificialIntelligence #FinancialCrime

Artificial Intelligence within Financial Crime Financial crime is a major threat to financial institutions (FIs) today. Criminal networks are employing financial crime to underpin...

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The Reserve Bank of India and AML/CTF regulations

March 14, 2021
3 Minutes
#AML/CTF #India #Regulation

The Reserve Bank of India, which was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act...

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