AML – How to Effectively Implement Transaction Monitoring?
A financial institution should actively monitor its customers’ payment traffic through transaction monitoring with the aim of identifying unusual activity (including unusually large transactions, transactions to/from high-risk countries, or deviations from a customer’s expected payment behaviour etc.). But transaction monitoring is also essential for lenders, factoring companies and crowdfunding platforms, where payments are usually made via bank transfers or direct debits, to comply with Wwft rules. Read more about this in our latest article.
AML – How a small financial institution can be as compliant as a bank
The compliance legislation seems unambiguous – but that is not quite right. The purpose of the rules is clear – but the nuances make the correct application of the rules challenging in practice.
Compliance laws and regulations cannot be adapted for smaller financial institutions, but the way smaller institutions deal with them can.
Edith Nordmann honoured with Outstanding Leadership Award
Edith Nordmann, Managing Partner & Attorney at Law at ACG International, was felicitated with the “Outstanding Leadership Award” at the Law 2.0 Conference for her exceptional contributions to the global legal sector. She was recognized before established industry professionals at the InterContinental, Dubai Festival City, UAE, on December 16–18, 2022.
Her exceptional contributions to the legal sector paved her way to receiving global recognition at the Law 2.0 Conference.
A conversation with Edith Nordmann, Managing Partner
Edith Nordmann is managing partner at ACG International. Prior to that she has worked for fifteen years as an attorney for international clients. In this interview we meet her.
TECH
ACG’s TECH section focuses on developers and their innovations.
Our technology service focuses specifically on the various technological stages, from the first concept to the final execution of the earnings model:
TECH: Innovation, intellectual property, data and privacy.
ACG’s TECH section focuses on developers and their innovations.
Our technology service focuses specifically on the various technological stages, from the first concept to the final execution of the earnings model: