Tag: financial-crime
45 posts · financial-crime
Buy-Now-Pay-Later is usually discussed in Qatar as a consumer credit product: caps on borrowing, credit bureau checks, late fees. All of that is in the Qatar Central Bank's Buy-Now-Pay-Later Regulation. But the same text also makes a BNPL provider a fully…
On 1 October 2026 (20/4/1448H) the Saudi Central Bank (SAMA) issued circular No. 482028988, Integration with the Security Council Resolutions Notification System. SAMA's rulebook shows it as In-Force and marks the English text as a translated document. It is…
Every customer file has to answer two questions before anything else. Who is the customer? And which natural person stands behind it? Cabinet Resolution No. (134) of 2025, the Executive Regulations of Federal Decree by Law No. (10) of 2025, answers both in a…
The Bank of Mauritius issued its Guideline for Virtual Asset related Activities on 13 November 2024, under reference BOM/BSD 778. Much of it is prudential: classification of virtual assets into groups, capital add-ons, liquidity treatment. But the paragraphs…
Global enforcement actions, regulatory moves & intelligence from the world of AML & financial crime.
Chapter 12 of the FSRA's Anti-Money Laundering and Sanctions Rulebook is short. It says who may hold the Money Laundering Reporting Officer role in Abu Dhabi Global Market, what the firm owes that person, what the person is answerable for, and what must reach…
An e-wallet issuer or a merchant acquirer in Qatar is not left to build its financial crime controls from first principles. The Qatar Central Bank's Payment Services Regulation takes the existing AML/CFT framework, applies it to every licensed payment service…
Between March and July 2026 the Saudi Central Bank (SAMA) issued circulars on one narrow question: where a financial institution should go to check who the beneficial owner of a customer is. Each circular names a different official body and a different type…
Ask two questions of a customer file. Who actually did the due diligence? And can the firm produce it? Cabinet Resolution No. (134) of 2025, the Executive Regulations of Federal Decree by Law No. (10) of 2025, answers the first in Article (20), in a Division…
General Notice No. 358 of 2026 was published in the Government Gazette of Mauritius on 4 April 2026. It is headed "HIGH RISK COUNTRY", it comes from the Ministry of Financial Services and Economic Planning, and it names the Democratic People's Republic of…
A working session with your compliance team, then a walkthrough against your own risk appetite: the lifecycle end to end, scoring weights set to your policy, and a review of the audit trail the system produces.
