by Jyotsna Bucktowar | Oct 1, 2026
The survey found a range of approaches to AML/CFT risk assessment, with lessons for strengthening supervisory judgement and risk-based oversight. The Committee noted that AI’s growing financial footprint and interconnected financing could create new vulnerabilities....
by Jyotsna Bucktowar | Aug 13, 2025
Recognizing the limitations of traditional AML methods in permissionless, decentralized networks, the BIS suggests leveraging blockchain transparency to gauge the risk each asset poses. These risk scores—ranging from “clean” to “tainted”—would be used at...
by Jyotsna Bucktowar | Jun 5, 2025
The project focused on identifying illicit finance patterns in real-time retail payment systems through advanced transaction analytics. Notably, it achieved a 26% improvement in detecting previously unseen criminal behaviours and a 12% increase in the identification...
by Jyotsna Bucktowar | May 12, 2024
The proposed guidelines include the need to: (i) conduct comprehensive due diligence at both initial onboarding, as well as on an ongoing basis; (ii) develop a comprehensive credit risk mitigation strategy to effectively manage counterparty exposures; (iii) measure,...
by Jyotsna Bucktowar | Apr 3, 2024
This major public-private partnership will seek to overcome several structural inefficiencies in how payments happen, especially across borders, which add a layer of challenges: different legal, regulatory and technical requirements, operating hours and time zones....
Recent Comments