About AML Certification Centre

Cryptocurrencies are characterized by high returns and freedom from financial institutions. However, there are also risks. In this article, we will analyze the main advantages and threats, as well as ways to minimize risks when investing in cryptocurrencies.

Concept of beneficial ownership, highlighting its importance in financial crime prevention, examples of beneficial owners, key challenges in identifying them, and strategies for overcoming these obstacles.

CEO Andrei Sribny met with Michael Peters, a financial crime expert with 35+ years of experience, to discuss key AML challenges and opportunities.

Financial companies cannot cope with the volume of illegal transactions on their own, so they have begun to implement AI and ML to modernize their fraud detection systems to protect the interests of customers. How do AI and ML work in financial institutions? What are the advantages and disadvantages?

Discover expert insights from UN advisor Igoris Krzeckovskis on upcoming EU regulations transforming AML compliance. Learn how new controls on financial transactions and the launch of AMLA reshape the anti-money laundering landscape in our interview

Today, many AML AI solutions have been developed with ML NLP implementation aimed at helping AML officers in their fight against the escalating illicit financial flows in the world. What technologies and programs are used to detect fraud?

With 147 ZB of data generated by 2024, big data analytics is revolutionizing the financial sector. Learn how complex algorithms and anti-money laundering tools enhance transaction analysis, fraud detection, and regulatory compliance.

What is MiCA? The EU’s MiCA regulation, enacted in June 2023, unifies crypto-asset rules across member states, ensuring investor protection, transparency, and fostering innovation. Learn how this impacts crypto users and market operators.

Watch an exclusive interview with Victor Tkachenko, Head of AML and Security at Citadele Bank. Discover insights on AML, sanctions, and real-life cases from his extensive career.

Specialists in anti-money laundering (AML) play a crucial role in the financial sector by identifying and preventing money laundering, fraud and terrorist financing. What is an AML specialist: roles, tasks as well as their salaries on average.

The demand for AML specialists has surged recently due to stricter regulations and a rise in financial crimes. Financial institutions need more experts to help them comply with these laws and prevent illegal activities. AML specialists’ salaries have increased, with companies willing to pay a premium.

Systems and Organization Controls 2 (SOC 2) compliance represents a commitment to those protocols — a seal of trust that businesses can proudly bear.

The most widespread of crimes in the financial sector are embezzlement and money laundering. What is embezzlement and money laundering? What is the difference and how to detect it?

An AML investigation means analyzing suspicious activities to check if a financial institution is being used for money laundering. Not all the weird activities are money laundering, but it is better to be safe.

Igoris Krzeckovskis, an expert in countering money laundering and financing of terrorism, worked for the Ministry of Interior of the Republic of Lithuania for over twenty years.

AML Certification Centre has received course accreditation from the CPD Standards Office. Our company has established itself by tailoring its approach to each client looking for courses that meet their specific needs in the financial sector.

Cryptocurrency monitoring appeared as a reaction to growing high-risk financial deals. In the absence of international concurrence, companies should use cryptocurrency tracking software to detect unusual activity. Our company has drawn up a guide for beginners in this topic.

How individuals and businesses can protect their money and don’t send payments for illicit purposes? Entrepreneurs should know about 3 stages of AML. Understanding the whole pattern will help to prevent sorrowful experiences.

Staying in line with rules is a big deal for banks today. If they slip up, it can cost them a fortune. It shows that even the top dogs aren’t safe. Messing up with compliance for banking can mean huge losses, especially because rules in the world have gotten strict.

What’s bank risks management all about? What does it involve, and what dangers does it deal with? Also, how can banks make their strategies work better?

Account takeover fraud (ATO) that is where hackers break into your online accounts without permission and use them for their own gain, often causing serious financial harm. What ATO really means, how it happens, and what steps you can take to keep yourself safe from falling into this trap.

To combat the growing financial crime and terrorist threat, the Financial Action Task Force (FATF) is actively building and implementing controls. Among them are instruments of particular importance – black and grey lists of states.

Because the number of financial crimes in the world is enormous, every financial company must provide monitoring of transaction aimed at combating money laundering. It will minimize the risks associated with illegal financial transfers and terrorist financing.