Risk Assessment Blog post 07 Jun 2024 • 5 min read Do More with Less: Business Wide Risk Assessment In the current challenging economic environment, many institutions will be reviewing their spending and will try to make sure that every cent is being invested wisely. Meanwhile, history tells us...
Blog post 07 Jun 2024 • 6 min read Correspondent Banking and how it can be misused What is Correspondent Banking? The Wolfsberg Group defines Correspondent Banking as: “the provision of a current or other liability account, and related services, to another financial institution,...
Money Laundering Terrorist Financing Blog post 27 Dec 2023 • 4 min read Financial and social inclusion at risk due to blanket de-risking On the 5th of January 2022 the European Banking Authority (EBA) published their opinion on de-risking (EBA/Op/2022/01). The EBA is taking a critical stance towards the de-risking strategies used by...
