Importance of AML Data Governance Program
Data Governance refers to the overall data management that will enable a financial institution to maintain a high quality of data
FATF-Style Regional Bodies
FATF-style regional bodies (FSRBs) have been established for the purpose of disseminating the International standards on combating money laundering, financing of terrorism & proliferation (FATF Recommendations) throughout the world
Privacy coins are a category of cryptocurrencies that enable private and anonymous blockchain transactions by obscuring all transaction information, including amount, sender and receiver. The techniques used to achieve this anonymity vary by privacy coin.
Ethereum is a decentralized open-source blockchain-based cryptocurrency platform featuring smart contract functionality
A cryptocurrency is a digital asset that is designed as a medium of exchange and is secured in a computerized database using strong cryptography.
Know Your Customer (KYC)
The Know your Customer or Know your Client guidelines require financial firms to verify and identify the customer's identity, their financial activities and the risk they pose based on the client’s background.