3 min read
Mathias Kobberup: 11-08-22 10:30
The term may be over 100 years old – but it still begs the question: what is money laundering exactly? How do we spot it and how do we prevent it?...
2 min read
Mathias Kobberup: 11-08-22 10:11
CDD stands for 'Customer Due Dilligence'. CDD is a crucial term due to the Money Laundering Act. To the same extent as the KYC concept, CDD is an aid...
2 min read
Mathias Kobberup: 11-08-22 10:07
The term Customer Screening is most often used in the financial sector when talking about knowing customers - however, it rarely stands alone. There...
2 min read
Mathias Kobberup: 11-08-22 09:55
Did you know that money laundering is punishable already from the first stage? And that there are 3 phases? Money laundering is when you make illegal...
2 min read
Mathias Kobberup: 11-08-22 09:46
Terrorist financing is collecting, transferring, or passing on money as a form of support for terrorist activities. Therefore, terrorist financing...
2 min read
Mathias Kobberup: 11-08-22 09:46
In 2020, a new money laundering directive was issued, which was called AML 5. This new directive emphasised that companies were now forced to move to...
2 min read
Mathias Kobberup: 11-08-22 09:33
RCA stands for "Relatives and Close Associates" and is related to PEP, Politically Exposed Persons. But how are they defined? And why is it important...
3 min read
Mathias Kobberup: 11-08-22 09:11
The concept of financial crisis is gradually being promoted in the media, all the while the big banks are starting to encourage air in the budget...
2 min read
Mathias Kobberup: 11-08-22 09:01
Sanctions are relevant as ever with Russia still thundering in Ukraine – but what are they in their entities? How do we impose them, and what are the...
