In an era of rapid technological change, the international anti-money laundering (AML) system is striving to adapt to a new financial landscape. Money laundering represents a significant challenge to global security and stability. As such, understanding the effectiveness of the current AML system
The banking industry is entrenched in a challenging era where Anti-Money Laundering (AML) regulations are both a shield and a puzzle. Banks across Europe, the Middle East, and Africa are voicing collective concerns, exposed through a report that unravels their struggles with compliance and the
Is Pedro Sánchez's Scandal Shaking Spain's Government? Spain's political landscape is currently in turmoil, with Prime Minister Pedro Sánchez at the center of a corruption scandal involving his wife. This unfolding scandal promises to have profound implications for the g
Regulatory technology, known as regtech, is advancing swiftly, fueled largely by artificial intelligence (AI). As financial entities grapple with rising compliance costs, AI has come to the forefront as a solution to streamline and enhance regulatory management. The complexity of today's
In today’s rapid-fire digital transaction environment, the battle against fraud is more critical than ever. Outdated fraud prevention tools struggle against sophisticated modern scams, necessitating more advanced solutions. Generative AI emerges as a key ally in this struggle, offering innovative d
The UK's Ministry of Justice is embroiled in a complex legal challenge following a significant Supreme Court ruling. The debate centers around the newly proposed Litigation Funding Agreements (Enforceability) Bill, igniting controversy within the legal sector. Critics of the Bill fear it
