What is the Difference Between MFA vs. 2FA? Multi-Factor Authentication (MFA) and Two- procurator Authentication (2FA) are constantly exercised interchangeably, but there is a subtle disparity between the two. 2FA is a subset of MFA and uses two of the three categories mentioned earlier for authentication. For example, a combination of a password [...]

International Money Laundering Information Network (IMoLIN): Strengthening the Fight Against Financial Crimes In a decreasingly connected world, the battle against plutocrat laundering and fiscal crimes has come a global bid. Criminals exploit the complexities of international financial systems to obscure their illicit activities, making it imperative for countries to collaborate and share information [...]

Her Majesty Treasury (HMT) Sanctions List: A Comprehensive Guide The Her Majesty Treasury (HMT) Sanctions List is a crucial tool in maintaining national security and international stability. Created and maintained by the United Kingdom's Treasury Department, the HMT Sanctions List serves as a complete register of individualities, associations, and states subject to fiscal [...]

Sanctions Against North Korea Sanctions have been a crucial tool used by various countries and transnational associations to address the nuclear munitions program and other destabilizing conditioning of North Korea. This composition will give an overview of the sanctions charged by the European Union (EU), United Nations (UN), Japan and South Korea against [...]

International Money Laundering Information Network (IMoLIN): Strengthening the Fight Against Financial Crimes The Office of the Superintendent of Financial Institutions (OSFI) is a nonsupervisory part in Canada. It plays an important portion in soundness of the country's financial system and assuring the stability. Established in 1987, OSFI operates as an independent agency under [...]

What is United Nations Office on Drugs and Crime (UNODC)? The United Nations Office on Drugs and Crime (UNODC) is a technical division of the United Nations(UN) that serves as a global line in the fray against lawless drugs, organized crime, putrefaction, and terrorism. With its headquarters in Vienna, Austria, the UNODC works nearly with governments and other mates to develop and apply operative strategies and programs to manipulate these pressing effects. UNODC's History The [...]

What is Simplified Due Diligence (SDD)? Due diligence is a crucial process in various business transactions, financial activities, and compliance requirements. It involves conducting thorough investigations and assessments to ensure the legitimacy and integrity of a business entity, individual, or transaction. However, in certain situations, a more streamlined approach called Simplified Due Diligence [...]