Tag: functions
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The convergence of AML and KYC features is essential for efficient sanctions compliance
By Elizabeth Callan Does your establishment’s sanctions compliance program rely solely on buyer screening and transaction filtering? In that case, primarily based on steering 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 reduce these…