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What Makes Someone a High-Risk Customer for Enhanced Due Diligence?

In financial crime compliance (FCC), few topics...

FATF Expands Grey List as More Jurisdictions Face Scrutiny Over Financial Crime Controls

The Financial Action Task Force (FATF), the...

Former Sri Lankan Deputy Minister Jailed for 16 Years as Anti-Corruption Drive Intensifies

Sri Lanka’s ongoing crackdown on corruption took...

Tag: sanctions

Financial sanctions, ISIL (Da’esh) and Al-Qaida organisations

25 July 2023 HM Treasury Notice, ISIL (Da'esh) and Al-Qaida, 25/07/2023 added 6 June 2023 HM Treasury Notice, ISIL (Da’esh) and Al-Qaida, 06/06/2023 added 5 June 2023 HM Treasury...

Monitoring businesses: Business Climate Index stays close to ten-year high

In May, the Bank of Russia’s Business Climate Index declined to 7.9 points, though remaining close to its highest levels seen in the recent decade. Current output and demand estimates are below the April figures. Decline in businesses’...

Elvira Nabiullina’s speech at Federation Council’s plenary session

Good afternoon, Ms Matviyenko. Good afternoon, colleagues. Thank you for the invitation. The topic of today’s session is really essential. It is about the role of the financial sector in the development of the economy at the current stage. Besides, it is about how well the Russian...

Report of FSA’s Joint Research on Analyzing Decentralized Financial System using On-Chain and Off-Chain Data

Purpose and Background of the Research In a decentralized financial system, many issues have been pointed out from the viewpoints of user protection, financial...

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