International criminals have no respect for global boundaries or regulations; they create complex structures to launder money and to conceal their crimes. According to the UN, the estimated amount of money laundered globally each year is between 2% to 5% of global GDP – that’s between $800 billion and $2 trillion.
Therefore, to identify and prevent money laundering – and disrupt organised crime – on a global scale, global anti-money laundering (AML) compliance is needed.
In this Whitepaper we will look at what is meant by global verification and international compliance, the risks of international individuals and how to overcome that risk.
Download your copy of Global verification and international compliance – The risks and how to mitigate them to discover:
- What is the meaning of global compliance?
- What are the international AML regulations?
- What are the risks of international individuals, and why are they high risk?
- What is an International AML Check?
- Is it difficult to implement global compliance?
- How SmartSearch can help with global compliance and international individual verification
- Key features and benefits
