Building Your Compliance Toolbox

Building Your Compliance Toolbox: Latest Updates for Financial Institutions & Their Role in Countering WMD Proliferation Financing

As virtual currencies and online banking have taken off in the 21st century, so have the opportunities for sanctioned actors to launder money through virtual heists and obscuring their identity online. Organizations such as the Financial Action Task Force (FATF) continually release new guidance on how to comply with sanctions and prevent proliferation financing to address these growing concerns of how sanctioned actors are using increasingly sophisticated methods to evade international sanctions and fund WMD programs. Financial institutions must uphold compliance and due diligence measures to stop proliferation finance activities but also to avoid paying millions of dollars in penalties for knowingly or unknowingly violating U.S. sanctions. Highlighting recent updates from three U.S. regulatory bodies, this white paper walks through resources available for financial institutions to deploy in their sanctions compliance toolbox.

👉 website : https://www.crdfglobal.org/insights/countering-WMD-proliferation-financing

p/o Virginie Gastine Menou

RISQUES ET VOUS

http://www.risquesetvous.fr/

https://www.linkedin.com/company/risques-et-vous

 

 

✍🏼 Proposer une offre de job : https://graces.community/recruteurs/

💈 Consulter les offres qui vous correspondent : https://job.graces.community/login

Publié le 10 octobre 2021 par

Virginie GASTINE MENOU

Partagez
Partager sur twitter
Partager sur linkedin

Les lecteurs de cet article ont également aimé

Inscrivez-vous à la Newsletter
[sibwp_form id=2]
fr_FR

Recherchez parmi tous nos contenus

Building Your Compliance Toolbox

✋ Vous avez déjà consulté 3 articles aujourd'hui.
Créez un compte GRACES Community gratuitement pour accéder à tous nos contenus.

Building Your Compliance Toolbox: Latest Updates for Financial Institutions & Their Role in Countering WMD Proliferation Financing

As virtual currencies and online banking have taken off in the 21st century, so have the opportunities for sanctioned actors to launder money through virtual heists and obscuring their identity online. Organizations such as the Financial Action Task Force (FATF) continually release new guidance on how to comply with sanctions and prevent proliferation financing to address these growing concerns of how sanctioned actors are using increasingly sophisticated methods to evade international sanctions and fund WMD programs. Financial institutions must uphold compliance and due diligence measures to stop proliferation finance activities but also to avoid paying millions of dollars in penalties for knowingly or unknowingly violating U.S. sanctions. Highlighting recent updates from three U.S. regulatory bodies, this white paper walks through resources available for financial institutions to deploy in their sanctions compliance toolbox.

👉 website : https://www.crdfglobal.org/insights/countering-WMD-proliferation-financing

p/o Virginie Gastine Menou

RISQUES ET VOUS

http://www.risquesetvous.fr/

https://www.linkedin.com/company/risques-et-vous

✍🏼 Proposer une offre de job : https://graces.community/recruteurs/

💈 Consulter les offres qui vous correspondent : https://job.graces.community/login

...
👉  Découvrez la suite de cet article en rejoignant la communauté GRACES