Year: 2024

New EU rules to combat money-laundering adopted.

by Admin

May 27, 2024 0 9 mths

New EU rules to combat money-laundering adopted • EU limit on large cash payments up to EUR 10 000 • Due diligence rules to apply to football clubs and agents from 2029 • New EU Agency to directly oversee riskiest entities The European Parliament has […]

NewsRroom

by Admin

February 23, 2025 4 hrs

Financial Crime Compliance in Banking and Risk Management

Introduction Financial crime compliance (FCC) is a critical component of risk management in the banking sector. With the increasing sophistication of financial crimes, banks must implement stringent compliance frameworks to prevent money laundering, fraud, terrorist financing, and other illicit activities. This document explores the role […]

NewsRroom

by Admin

February 22, 2025 1 dy

The Importance of Cross-Border Criminal Investigations and Mitigation in Risk Management

Introduction The globalization of economies, rapid advancements in technology, and ease of international travel have led to a significant rise in cross-border criminal activities. These crimes, which range from terrorism and drug trafficking to cybercrime and financial fraud, present serious risks to national security, economic […]

NewsRroom

by Admin

February 21, 2025 2 dys

Policy Information and Its Role in Risk Management

Introduction Policy information is a critical component in the domain of risk management, serving as a structured set of guidelines, procedures, and regulations that organizations use to identify, assess, mitigate, and monitor risks. Effective risk management relies on well-defined policies that provide clarity, consistency, and […]

NewsRroom