Anti-money laundering
Basel Committee releases "Know Your Customer" paper
The Basel Committee on Banking Supervision has published a consultative paper designed to provide banks with guidance and best practices on "know your customer" (KYC) risks.
Compliance: Widening the net
In this article on anti-money laundering, Dominic Nixon and Rohan Bedi from PricewaterhouseCoopers analyse the changes to the Financial Action Task Force recommendations, and how they will affect Asia's financial institutions.
Profile: JP Morgan treasury services moves beyond measurement
"We've got to an environment were there are enough scorecards and metrics in place," says Angus Grandfield, head of operational risk for the treasury services division of JP Morgan Chase's Europe, Middle East, and Africa region.
The Hunt For Terrorist Cash
One month after the attacks on Sept. 11, Congress passed the USA Patriot Act. Now every financial firm in the country is a deputy in the search for terrorist funding.