Register here for the FinScan webinar on PEP and Sanctions screening on Thursday, December 5, 2013 from 12:00 PM – 1:00 PM EST “Many people use a “one-size-fits-all” approach when screening for PEPs, with one set of matching rules and matching against all records on the PEP database. If loose matching rules are used, this … Continue reading »
Category Archives: General
What are Virtual Currencies?
Have you read about Virtual Currency? Virtual currency is a medium of exchange that operates like a currency in some environments but does not have all the attributes of real currency. In particular, virtual currency does not have legal tender status in any jurisdiction. A convertible virtual currency either has an equivalent value in real currency, … Continue reading »
Financial Crimes Enforcement Network (FinCEN)
What is FinCEN and what does it do for our nation? As a part of the Department of the Treasury, FinCEN is focused on combatting money laundering and terrorism financing. Director of FinCEN, Jennifer Shasky Calvery, testified in front of the Senate Committee on Homeland Security and and Government Affairs on Monday, November 18. Check … Continue reading »
Welcome to the MIIS Financial Crimes Blog!!
Newly established, this blog will be updated weekly or more frequently with the latest information on financial crimes! Also, use this site as a resource for everything you need to know about financial crimes and beyond! Thank you for joining the MIIS Financial Crimes blog team! Continue reading »
