Tag: compliance
51 posts · compliance
Version 5 of the Qatar Financial Centre's Anti-Money Laundering and Combating the Financing of Terrorism Rules 2019 (AML/CFTR) gave a fixed date for the MLRO's annual report, with senior management's written confirmation, to reach the regulator: before 1 June…
Saudi Arabia's wire transfer rules start with a core list: the originator's and beneficiary's names and account numbers travel with the payment. The Saudi Central Bank (SAMA) then adds requirements of its own: the purpose of the transfer, a declaration from…
Every control in an AML programme rests on a judgement about risk: how much due diligence, how often to review, which alerts matter. Before the Executive Regulations reach customer due diligence, they require that judgement to be made, written down and kept…
Regulations 16, 17 and 20 of the Financial Intelligence and Anti-Money Laundering Regulations 2018 set the Mauritius rules on correspondent banking, shell banks and wire transfers. The Bank of Mauritius AML/CFT Guideline restates them and adds its own…
Global enforcement actions, regulatory moves & intelligence from the world of AML & financial crime.
The ADGM Financial Services Regulatory Authority published two Final Notices for contraventions of its Anti-Money Laundering and Sanctions Rulebook in November and December 2025. One went to Payward MENA Holdings Limited on 17 December 2025. The other went to…
Buy-Now-Pay-Later is usually discussed in Qatar as a consumer credit product: caps on borrowing, credit bureau checks, late fees. All of that is in the Qatar Central Bank's Buy-Now-Pay-Later Regulation. But the same text also makes a BNPL provider a fully…
On 1 October 2026 (20/4/1448H) the Saudi Central Bank (SAMA) issued circular No. 482028988, Integration with the Security Council Resolutions Notification System. SAMA's rulebook shows it as In-Force and marks the English text as a translated document. It is…
Every customer file has to answer two questions before anything else. Who is the customer? And which natural person stands behind it? Cabinet Resolution No. (134) of 2025, the Executive Regulations of Federal Decree by Law No. (10) of 2025, answers both in a…
The Bank of Mauritius issued its Guideline for Virtual Asset related Activities on 13 November 2024, under reference BOM/BSD 778. Much of it is prudential: classification of virtual assets into groups, capital add-ons, liquidity treatment. But the paragraphs…
A working session with your compliance team, then a walkthrough against your own risk appetite: the lifecycle end to end, scoring weights set to your policy, and a review of the audit trail the system produces.
