When it comes to setting up shell companies, UK limited companies and limited liability partnerships (LLPs) are the top choices for money launderers. We explain why.
Covid-19 has not fundamentally altered the predicate offenses for money laundering. Fraud is still fraud. Theft is still theft. Yet scam methodologies and money laundering typologies have changed.
Web Shield is now a member of the ZignSec family – the Swedish RegTech company famous for its global Identity Verification Platform and one of the first RegTech companies to be listed on the NASDAQ composite.
Trust is a form of risk: Cybercriminals have overcome the trust problem to cooperate and build an illicit shadow economy on a grand scale - what are the learnings for risk professionals?
Since November 2020, Mastercard rules require registration of so-called Deferred Delivery Merchants (DDM) with a quarterly volume of more than $5 million. This article looks at the specific requirements of the rule.