by AdrianaAMLP | Jul 15, 2024
The Wolfsberg Group (the Group) has engaged with Abracam (The Brazilian Foreign Exchange Association) to better understand their proposal to introduce a process to validate local institutions’ responses to the Wolfsberg Correspondent Banking Due Diligence...
by AdrianaAMLP | Jul 3, 2024
The Group does not believe that the value being derived from the (constantly increasing) volume of SARs/STRs is contributing proportionately to effective outcomes in the fight against financial crime.
by AdrianaAMLP | Jul 1, 2024
The Group does not believe that the value being derived from the (constantly increasing) volume of SARs/STRs is contributing proportionately to effective outcomes in the fight against financial crime.
by AdrianaAMLP | Jun 20, 2024
This consultation is part of a broader initiative under the Economic Crime Plan 2023-26. Our response addresses two core themes of the consultation: making customer due diligence more proportionate and effective, and strengthening system coordination. We welcome the...
by AdrianaAMLP | Apr 26, 2024
The explanatory memorandum contains eighteen questions for consultation on various subjects including: Additional transparency requirements on exemption for purchase of goods and services using cards. Removal of the withdrawal or purchase of cash or a cash equivalent...
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