On 17 June 2020, Dr. Daniel Eisermann, Senior Partner of Berlin Risk, explained in an audio interview with Compliance Channel E&CW UG (haftungsbeschränkt) what the Wire Transfer Rule is about and how the risk of money laundering and terrorist financing through crypto-currencies should be assessed. Dr. Daniel Eisermann referred his current study “Kryptowährungen als Risiko…
Anti-Corruption
CEP-KAS Webinar: “Cryptocurrencies and Financing of Terrorism”
Regulating a Game Changer—Europe’s Approach to Cryptocurrencies
Cryptocurrencies are seen as bringing innovation to the payments-services sector; furthering financial inclusion; and facilitating greater efficiency in cross-border transactions. However, as with other financial products and services, cryptocurrencies are also exposed to financial crime risks. The following article provides some background in relation to cryptocurrencies in general, and some insights into ongoing regulatory approaches and discussions in Europe.
Investigating Ultimate Beneficial Ownership in Ukraine
Ultimate Beneficial Ownership and the Fourth EU AML Directive
Political corruption and the assessment of politically exposed persons
Know your customer: Enhanced requirements
Enhanced Due Diligence in Managing Sanctions Risks
Financial crime risk assessment
Analyzing the Role of Politically Exposed Persons in Tender Projects
A major concern for a company getting engaged in a tender project in a foreign country is the opaque role that Politically Exposed Persons (PEPs) might play through the relationship between business and politics surrounding the project. This article builds on previous explorations of approaches to political risk research, and ties in with the recent…