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.
5TH AML Directive (5AMLD) of European Union
5TH AML Directive (5AMLD) of European Union Definition of 5th AML DirectiveThe 5th Anti-Money Laundering (AML) Directive of the European Union (EU) is a legislation that came into force in January 2020 in order to fortify the fight against money laundering and terrorist financing by increasing transparency. The 5th AML Directive enables public access to [...]
Sanctions Regime in USA
Sanctions Regime in USA Iran has been subject to sanctions from various countries and international organizations since the hostage crisis in 1979. However, restrictions increased significantly after 2010 and, sanctions regime in USA has been one of the hottest topics of the international community lately. The primary concern of the international community is to ensure [...]
Financial Services Regulatory Authority (FSRA) / ADGM
Financial Services Regulatory Authority (FSRA) / ADGM ADGM is a financial freedom region within the United Arab Emirates and has its own civil and commercial laws and its own financial services regulator, the Financial Services Regulatory Authority (FSRA). Companies incorporated in ADGM can be 100% foreign-owned and subject to the same civil, commercial and regulatory [...]
The Dubai Financial Services Authority (DFSA)
The Dubai Financial Services Authority (DFSA) The Dubai Financial Services Authority is the financial regulator of the Dubai International Financial Center (DIFC), a special economic zone in Dubai, United Arab Emirates. This agency is separate from the United Arab Emirates Securities and Commodities Authority, and its jurisdiction includes the United Arab Emirates, which is generally [...]
All You Need to Know About Anti-Money Laundering (AML) Compliance
All You Need to Know About Anti-Money Laundering (AML) Compliance What is Anti-Money Laundering and What is the role of Financial Institutions in AML? To prevent the money laundering activities and their negative effects, as well as to identify the money laundering criminals, the regulations on the local and international level have been created [...]
Whitepaper: ISO 20022 Migration Guide
ISO 20022 Migration Guide This white paper explores depths of the current payments landscape, key contributor aspects of ever-changing financial ecosystem and the infrastructure renewal of cross-border payments by ISO 20022 migration, a transition that will replace the predecessor, ISO 15022, almost three decades later. It also addresses the benefits and pitfalls of this [...]
What is ISO 20022?
What is ISO 20022? How can a standardized approach improve the financial messaging system? Importance of standardization in financial messaging for international value transfers The current cross-border payments landscape is faced with the problem of lack of interoperability and integration between different clearing systems. To address the issue, standardization in the financial messaging is [...]
Webinar: “Uluslararası Ödemelerde Trendler”
Dr. Soner Canko moderatörlüğünde Fineksus Ürün Müdürü Tuncay Çoruh ve Fineksus Çözüm & Proje Lideri Gökçe Gence ile "Uluslararası Ödemelerde Trendler"in konuşulduğu Webinar kaydını videodan izleyebilirsiniz.
Customer Due Diligence (CDD)
Customer Due Diligence (CDD) What is Customer Due Diligence (CDD)?Customer Due Diligence (CDD) is a process which involves the collection and evaluation of the informations; such as full name, birth place, birth date or marital status, about the customers - or potential customers - in order to be used by the financial entities. It collects [...]
Digital Onboarding and AML Compliance
Digital Onboarding and AML Compliance All governments work with regulatory agencies to combat money laundering and financing of terrorism. Financial institutions must follow certain measures and regulations to prevent money laundering. It is very difficult for banks, FinTechs and other financial institutions to use traditional methods for customer with manual methods and according to these regulations. [...]
