SWIFT launches KYC Registry
Trade Based Financial crimes News
Interbank messaging provider, SWIFT, has launched its new registry for banks aiming to increase efficiency and reduce risk related to their correspondent banking Know Your Customer (KYC) compliance activities.
More than 20 global and regional banks have joined the KYC Registry according to SWIFT, which claims that this demonstrates momentum and support for its financial crime compliance initiative....Log into your ATFCP account to access content at Association of Trade Finance Compliance Professionals.
Tags In
Related Posts
Trade Based Financial Crime
Trade Based Financial Crime
This online training course provides you with the technical knowledge required to succeed within the trade finance compliance landscape.
Tags
Africa
AML
AML/CFT
AML/FCT
anti-money laundering
anti-money laundering (AML)
Artificial intelligence
Asia
beneficial ownership
blockchain
China
Corporate Transparency Act
counter financing of terrorism
Data discrepancies
economic sanctions
European Commission
FATF
Financial Action Task Force (FATF)
Financial crime compliance
Financial Crimes Enforcement Network (FinCEN)
FinCEN
Hong Kong
IFFs
illegal wildlife trade
Illicit financial flows
letter of credit
letter of credit money laundering
Money laundering
OECD
Office of Foreign Assets Control (OFAC)
Pakistan
Russia
Sanctions
suspicious activity reports (SAR)
suspicious transaction reports (STR)
TBML
trade-based financial crimes
Trade-based money laundering (TBML)
trade based money laundering
Trade misinvoicing
UK
under-invoicing
US
US sanctions
US Treasury Department