AML
Development of AML documentation according to FIU regulatory requirements is a process that should be carried out by professionals with a positive background of interaction with the financial inspection and other government agencies.
AML
A new law has been passed in Cyprus in line with the 5th Directive of the European Union on AML (the “Law”). The 5th AML Directive (5AMLD) came into effect in early 2020 to mitigate criminal economic activity.
AML
Probably first used during Watergate Scandal in 1973, Money Laundering has negative business, economic, and social consequences. So, let's take a look, what the Money Laundering actually is