Insights
Insights
Here are the latest trends and insights along with emerging technologies that are shaping the Finance Industry through the eyes of Fineksus team.
Here are the latest trends and insights along with emerging technologies that are shaping the Finance Industry through the eyes of Fineksus team.
What are the EU Anti Money Laundering Directives (AMLD)?
What are the EU Anti Money Laundering Directives (AMLD)? EU Anti-Money Laundering Directives (AMLDs) are issued by the European Parliament regularly and are implemented by member states as part of their national legislation. The purpose of AMLDs is to combat Money laundering and terrorist financing and to create a harmonized regulatory framework across [...]
What arе thе Differences Between Structuring and Smurfing?
What arе thе Differences Between Structuring and Smurfing? Financial crimеs arе one of the big problems that financial services industry faces. While thе terms structuring and smurfing arе often usеd, these terms refers to 2 different types of financial crimеs. Structuring is whеn cash is deposited in smaller amounts in order to avoid [...]
What are the Financial Crime Trends in 2023?
What are the Financial Crime Trends in 2023? The acceleration of technological advancements has boosted the digitalization process of the financial industry at an unexpected pace. This has resulted in two different outcomes for the financial world. The overall financial services industry evolved and quickly adapted itself into the needs of the [...]
What are Her Majesty’s Revenue & Customs (HMRC) Regulations?
What are Her Majesty's Revenue & Customs (HMRC) Regulations? Her Majesty’s Revenue&Customs (HMRC) regulations is the UK’s tax and customs authority. HMRC collects taxes and provides targeted financial support for individuals. HMRC works with the Financial Conduct Authority. This collaboration is for investigate money laundering offences and has put in place legislation to [...]
How Fraud and Anti-Money Laundering Differ and Relate?
Anti-Money Laundering in Turkey Due to its strategic location, Turkey is one of the countries that is vulnerable to Money laundering. Turkey has accomplished strict anti-money laundering (AML) laws and regulations in cooperation. These measures are in line with global standards and demonstrate the country’s determination to fight with financial crimes and protect [...]
Anti-Monеy Laundеring (AML) in United Kingdom
Anti-Monеy Laundеring (AML) in United Kingdom In a lot of ways, thе United Kingdom’s Anti-Monеy Laundеring (AML) approach is important. Its importance comes from addressing economic conditions and countering financial crime risks. Even though UK has a strong economy, vulnerabilities exist due to its financial center status. AML measures legal and regulatory actions, [...]
3rd Compliance Conference
3rd Compliance Conference Organized by the Turkish Compliance Association, 3rd Compliance Conference will be held on December 8th 2023 at Yapı Kredi Headquarters Conference Room with the participation of the BRSA, CMB, SEDDK, and TSB presidents with the theme of “Regulations Shaping the Future and Compliance.” Fineksus, a pioneer Anti-Money Laundering (AML) [...]
How Fraud and Anti-Money Laundering Differ and Relate?
How Fraud and Anti-Money Laundering Differ and Relate? Fraud and anti-money laundering are two terms that usually appear together in the context of financial crime. However, they are not the same concepts, and they have different meanings and implications. In this knowledge base, we will explain what fraud and anti-money laundering are, how [...]
Azerbaijan VII International Banking Forum
Azerbaijan VII International Banking Forum Fineksus will be attending the 7th International Banking Forum as the Main Partner in collaboration with Ritmus AZ in Azerbaijan. The 7th International Banking Summit in Baku Azerbaijan will host banking professionals around the region to cover “Reliable, Safe, and Sustainable Banking” with industry leaders. Fineksus will highlight [...]
What are Payment Hubs and How to Navigate Them in 2023?
What are Payment Hubs and How to Navigate Them in 2023? In today's rapidly evolving global financial landscape, businesses are constantly seeking ways to reduce fragmentation, streamline their payment processes, enhance efficiency, ensure compliance and achieve a more unified approach towards the payments industry. Payment hubs have emerged as a pivotal solution [...]
