Tag: effectiveness
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The convergence of sanctions applications with AML & KYC applications is essential for effectiveness
By Elizabeth Callan Does your establishment’s sanctions compliance program rely solely on buyer screening and transaction filtering? In that case, based mostly on steerage from the U.S. Workplace of International Belongings Management (OFAC), your program could also be weak to breaches. The convergence of sanctions compliance, AML investigations, and buyer due diligence can decrease these…