DX Weekly: AML News of the Week
DX Compliance
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10 Reasons Why Compliance Professionals choose DX Compliance
The DX Compliance real-time Transaction Monitoring solution is used by Compliance and Risk Professionals for a variety of reasons. Transactions Monitoring is a Key Challenge to get right for many companies. From Fintechs to traditional banks. In the blog, you explore the 10 reasons why Compliance and Risk Professionals choose DX Compliance real-time Transactions Monitoring System.
AML Checks for the Legal Sector
AML Compliance which of course, covers money laundering obligations is one of the greatest challenges for law firms. Manual AML checks for law firms & solicitors can be expensive. CheckAML is the most efficient and cost-effective way of carrying out money laundering checks for law firms. We offer the only Instant AML Solution with full Pep & Sanctions screening, & Customer Risk Assessment worldwide.
New Zealand Central Bank warns NAB's local unit over AML breaches
The local branch of National Australia Bank Ltd. received a formal warning from the central bank of New Zealand on Friday for failing to record roughly 50,000 transactions in accordance with anti-money laundering and counterterrorism regulations.
Regulator identifies issues in virtual asset service provider firms
The great majority of businesses requesting authorization to offer services involving virtual assets like cryptocurrency here have been judged by the Central Bank to lack comprehension of and compliance with AML/CFT regulations. The regulator has also found that many of these so-called Virtual Asset Service Providers (VASP) companies have serious control weaknesses.
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