Security measures—whether at airport checkpoints or in banking—exist to protect us from bad actors. Just as stringent liquid screenings protect passengers from explosive threats, due diligence reviews of large transactions safeguard financial systems from illicit funds. Below, we unpack this analogy, explain why these checks are critical, and explore the technology powering modern Source of Wealth (SoW) inspections.

Singapore’s Monetary Authority of Singapore (MAS) recently published comprehensive best practices for Source of Wealth (SoW) due...

Introduction: The Crypto Revolution and Its Tax+AML Implications in the EU The rapid adoption of cryptocurrencies across the European...

Following the go-live of the Mica regulation, traditional banks need to strengthen their anti-money laundering (AML) frameworks to address the unique challenges and risks crypto-assets providers present. They can't simply ignore crypto-asset risk with a "no crypto" stance.

The rise of cryptocurrency presents unique regulatory compliance challenges for crypto exchanges and.. traditional banks (!). As...

As MiCA regulation approaches, financial institutions must navigate the complex compliance landscape.

ChainComply and Blockchain Forensics tools complement each other to navigate MiCA's regulatory landscape efficiently.

ChainComply streamlines AML for financial institutions, offering a comprehensive 360-degree view of client transactions to boost compliance.