Sanction Scanner Blog

Customer Due Diligence (CDD) is crucial for combating financial crimes but differs across jurisdictions.

The CJNG launders billions through drug trafficking, shell companies, and cryptocurrency. Understanding these methods is key to disrupting the cartel and protecting the global financial system.

Explore the impact of OFAC sanctions on various industries, including finance, oil, technology, defense, and healthcare.

Learn how social media platforms are being exploited for fraudulent activities and essential tips for protecting from online scams and cyber threats.

Implementing best practices for Customer Due Diligence (CDD) in the cryptocurrency industry is crucial to prevent financial crimes.

Explore how the Panama Papers exposed loopholes and spurred significant changes in international financial regulations and transparency.

Suspicious activity reports for cryptocurrency transactions should have a comprehensive understanding of regulations and the nature of digital currencies.

Sanctions help to prevent illegal activities such as money laundering by exerting economic pressure and promoting compliance with global norms.

Best practices for compliance officers to efficiently manage Suspicious Activity Reports (SARs) and enhance financial crime prevention strategies.