{"id":17322,"date":"2024-05-24T17:41:48","date_gmt":"2024-05-24T12:11:48","guid":{"rendered":"https:\/\/www.zigram.tech\/?p=17322"},"modified":"2024-08-15T10:15:48","modified_gmt":"2024-08-15T10:15:48","slug":"cross-border-aml-due-diligence-for-international-businesses","status":"publish","type":"post","link":"https:\/\/testv2.zigram.tech\/cross-border-aml-due-diligence-for-international-businesses\/","title":{"rendered":"Cross Border AML Due Diligence For International Businesses: Navigating Complex Regulatory Landscapes"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"17322\" class=\"elementor elementor-17322\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3d8c34a2 singleResourcesSection newSingleinsightsSectioncontent elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3d8c34a2\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-58417ef7\" data-id=\"58417ef7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-284f3fa7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"284f3fa7\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-73b64363 singleCustomarrowinsight\" data-id=\"73b64363\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-29da3c45 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"29da3c45\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.zigram.tech\/articles\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"> <\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-1ef60442 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1ef60442\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-1d4a497e\" data-id=\"1d4a497e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-15b9273a readtime elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"15b9273a\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-far-clock\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8zm0 448c-110.5 0-200-89.5-200-200S145.5 56 256 56s200 89.5 200 200-89.5 200-200 200zm61.8-104.4l-84.9-61.7c-3.1-2.3-4.9-5.9-4.9-9.7V116c0-6.6 5.4-12 12-12h32c6.6 0 12 5.4 12 12v141.7l66.8 48.6c5.4 3.9 6.5 11.4 2.6 16.8L334.6 349c-3.9 5.3-11.4 6.5-16.8 2.6z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">7 minutes read<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-43b51e68 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"43b51e68\" data-element_type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Cross Border AML Due Diligence For International Businesses: Navigating Complex Regulatory Landscapes<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cebd5ea elementor-align-left elementor-widget elementor-widget-post-info\" data-id=\"cebd5ea\" data-element_type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-cb4335c\" itemprop=\"datePublished\">\n\t\t\t\t\t\t<a href=\"https:\/\/testv2.zigram.tech\/2024\/05\/24\/\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>May 24, 2024<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2f569240   elementor-widget elementor-widget-text-editor\" data-id=\"2f569240\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>In an increasingly interconnected world, international businesses face the dual challenge of expansion and compliance. One critical area that demands meticulous attention is Anti-Money Laundering (AML) due diligence. As financial transactions cross borders, so do the risks associated with money laundering and terrorist financing. This article explores the intricacies of cross border AML due diligence and provides a comprehensive guide for international businesses to navigate this complex regulatory landscape.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-27530dd7 singleImgshadow  ctsingleimg elementor-widget elementor-widget-theme-post-featured-image elementor-widget-image\" data-id=\"27530dd7\" data-element_type=\"widget\" data-widget_type=\"theme-post-featured-image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/testv2.zigram.tech\/wp-content\/uploads\/2024\/05\/Designer-1-1.png\" class=\"attachment-large size-large wp-image-17326\" alt=\"Due Diligence\" srcset=\"https:\/\/testv2.zigram.tech\/wp-content\/uploads\/2024\/05\/Designer-1-1.png 1024w, https:\/\/testv2.zigram.tech\/wp-content\/uploads\/2024\/05\/Designer-1-1-300x300.png 300w, https:\/\/testv2.zigram.tech\/wp-content\/uploads\/2024\/05\/Designer-1-1-150x150.png 150w, https:\/\/testv2.zigram.tech\/wp-content\/uploads\/2024\/05\/Designer-1-1-768x768.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-74fdd61 elementor-widget elementor-widget-heading\" data-id=\"74fdd61\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Understanding Cross Border AML Due Diligence<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0923416   elementor-widget elementor-widget-text-editor\" data-id=\"0923416\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>AML due diligence involves a series of checks and measures to ensure that businesses do not inadvertently facilitate money laundering or terrorist financing. When operating across borders, the complexity of these measures increases due to varying regulations, cultural differences, and diverse legal environments.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fa79634 elementor-widget elementor-widget-heading\" data-id=\"fa79634\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Key Challenges In Cross Border AML Due Diligence<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b54ae90 elementor-widget elementor-widget-image-box\" data-id=\"b54ae90\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h5 class=\"elementor-image-box-title\">Diverse Regulatory Frameworks:<\/h5><p class=\"elementor-image-box-description\">Different countries have their own AML regulations, which can vary significantly. Businesses must stay informed about and comply with these varying requirements to avoid legal penalties and reputational damage.\n<br><br><\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-61d5d0b elementor-widget elementor-widget-image-box\" data-id=\"61d5d0b\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h5 class=\"elementor-image-box-title\">Data Privacy and Sharing:<\/h5><p class=\"elementor-image-box-description\">The exchange of information across borders is often restricted by data privacy laws. Balancing compliance with AML regulations and adhering to data protection laws can be challenging.\n\n<br><br>\n<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2382b81 elementor-widget elementor-widget-image-box\" data-id=\"2382b81\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h5 class=\"elementor-image-box-title\">Cultural and Language Barriers:<\/h5><p class=\"elementor-image-box-description\">Understanding local business practices and navigating language differences are crucial for effective due diligence. Misinterpretation or lack of understanding can lead to compliance gaps.\n\n\n<br><br><\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f86a3ba elementor-widget elementor-widget-image-box\" data-id=\"f86a3ba\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h5 class=\"elementor-image-box-title\">Technological Disparities:<\/h5><p class=\"elementor-image-box-description\">Varying levels of technological advancement can affect the efficiency and effectiveness of AML processes. Some countries may have sophisticated systems in place, while others rely on manual processes.\n<br><br>\n<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-493a73d elementor-widget elementor-widget-heading\" data-id=\"493a73d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Best Practices For Effective Cross Border AML Due Diligence<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-11dfad9 elementor-widget elementor-widget-image-box\" data-id=\"11dfad9\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h5 class=\"elementor-image-box-title\">Implement a Robust AML Framework: <\/h5><p class=\"elementor-image-box-description\">Establish a comprehensive AML policy that includes procedures for customer due diligence (CDD), enhanced due diligence (EDD), and ongoing monitoring. Ensure this framework is adaptable to different regulatory environments.\n<br><br>\n<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0267741 elementor-widget elementor-widget-image-box\" data-id=\"0267741\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h5 class=\"elementor-image-box-title\">Leverage Technology: <\/h5><p class=\"elementor-image-box-description\">Utilize advanced technologies such as artificial intelligence (AI) and machine learning to automate and enhance due diligence processes. These technologies can help identify suspicious patterns and reduce human error.\n<br><br>\n<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-21b0d2e elementor-widget elementor-widget-image-box\" data-id=\"21b0d2e\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h5 class=\"elementor-image-box-title\">Stay Informed and Adaptive: <\/h5><p class=\"elementor-image-box-description\">Regularly update your knowledge of global AML regulations. Participate in international forums and industry groups to stay abreast of changes and emerging trends.\n<br><br>\n<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f010ce3 elementor-widget elementor-widget-image-box\" data-id=\"f010ce3\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h5 class=\"elementor-image-box-title\">Foster Cross-Border Collaboration:<\/h5><p class=\"elementor-image-box-description\">Work with local experts and establish partnerships with international compliance organizations. This can provide valuable insights into local regulations and practices.\n<br><br>\n<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ff2a7b3 elementor-widget elementor-widget-image-box\" data-id=\"ff2a7b3\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h5 class=\"elementor-image-box-title\">Invest in Training: <\/h5><p class=\"elementor-image-box-description\">Ensure that your compliance teams are well-trained in both global and local AML regulations. Regular training sessions can help them stay updated and improve their effectiveness.\n<br><br>\n<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3cb4908 elementor-widget elementor-widget-image-box\" data-id=\"3cb4908\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h5 class=\"elementor-image-box-title\">Conduct Regular Audits: <\/h5><p class=\"elementor-image-box-description\">Periodically review and audit your AML processes to identify any weaknesses or areas for improvement. Independent audits can provide an unbiased assessment of your compliance status.\n<br><br>\n<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bc9a236 elementor-widget elementor-widget-heading\" data-id=\"bc9a236\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Real-Life Cases Highlighting Cross Border AML Due Diligence<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ca99753 elementor-widget elementor-widget-image-box\" data-id=\"ca99753\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h5 class=\"elementor-image-box-title\"><a href=\"https:\/\/www.investopedia.com\/stock-analysis\/2013\/investing-news-for-jan-29-hsbcs-money-laundering-scandal-hbc-scbff-ing-cs-rbs0129.aspx#:~:text=In%202012%2C%20U.S.%20federal%20regulators,Norte%20del%20Valle%20drug%20cartels.\" target=\"_blank\">HSBC and the Mexico-US Money Laundering Case: <\/a><\/h5><p class=\"elementor-image-box-description\">In 2012, HSBC faced a significant AML scandal involving the transfer of billions of dollars through its US and Mexico branches without adequate AML controls. The bank's failure to implement effective cross-border AML due diligence led to a $1.9 billion fine by US authorities. This case underscores the importance of rigorous AML frameworks and consistent application across all jurisdictions.\n<br><br>\n<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ee8cd0a elementor-widget elementor-widget-image-box\" data-id=\"ee8cd0a\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h5 class=\"elementor-image-box-title\"><a href=\"https:\/\/www.wsj.com\/articles\/danske-bank-to-pay-2-billion-to-resolve-money-laundering-probes-11670958021\" target=\"_blank\">Danske Bank's Estonian Branch Scandal: <\/a><\/h5><p class=\"elementor-image-box-description\">Between 2007 and 2015, Danske Bank's Estonian branch was implicated in a massive money laundering scheme involving \u20ac200 billion of suspicious transactions from Russia and other former Soviet states. The lack of robust AML checks and cross-border oversight allowed illicit funds to flow through the bank unchecked. This scandal highlights the necessity of thorough due diligence and the risks associated with failing to monitor cross-border transactions effectively.\n<br><br>\n<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ae9b5fa elementor-widget elementor-widget-image-box\" data-id=\"ae9b5fa\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h5 class=\"elementor-image-box-title\"><a href=\"https:\/\/www.reuters.com\/article\/idUSKCN1RL1TF\/\" target=\"_blank\">Standard Chartered and the UAE Transactions:<\/a><\/h5><p class=\"elementor-image-box-description\">In 2019, Standard Chartered was fined $1.1 billion by US and UK authorities for AML violations, including the processing of transactions that violated sanctions against Iran. The bank's branches in the UAE were found to have processed transactions without adequate due diligence, illustrating the complexities of cross-border compliance and the importance of adhering to international sanctions and AML regulations.\n<br><br>\n<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-63f584f elementor-widget elementor-widget-image-box\" data-id=\"63f584f\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h5 class=\"elementor-image-box-title\"><a href=\"https:\/\/www.austrac.gov.au\/news-and-media\/media-release\/austrac-and-cba-agree-700m-penalty\" target=\"_blank\">Commonwealth Bank of Australia (CBA) and AUSTRAC Penalty:<\/a><\/h5><p class=\"elementor-image-box-description\">In 2018, CBA was fined AUD 700 million by the Australian Transaction Reports and Analysis Centre (AUSTRAC) for AML compliance failures. The bank failed to report over 53,000 transactions over a three-year period, many of which involved cross-border transfers. This case highlights the need for rigorous transaction monitoring and reporting, especially in the context of cross-border financial activities.\n<br><br>\n<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9e15341 elementor-widget elementor-widget-heading\" data-id=\"9e15341\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Key Regulations From Top Countries And International Bodies<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6b4a17b   elementor-widget elementor-widget-text-editor\" data-id=\"6b4a17b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Understanding the regulatory landscape is crucial for effective cross-border AML due diligence. Here are some key regulations from major jurisdictions and international bodies:<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8a6031b elementor-widget elementor-widget-image-box\" data-id=\"8a6031b\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h5 class=\"elementor-image-box-title\">United States<\/h5><p class=\"elementor-image-box-description\"><ul class=\"cus_li\">\n<li><b><a href = \"https:\/\/www.occ.treas.gov\/topics\/supervision-and-examination\/bsa\/index-bsa.html\" target=\"_blank\">Bank Secrecy Act (BSA)<\/a>: <\/b>Requires financial institutions to assist U.S. government agencies in detecting and preventing money laundering.\n<br><br>\n<li> <b><a href =\"https:\/\/www.investopedia.com\/terms\/p\/patriotact.asp#:~:text=our%20editorial%20policies-,What%20Is%20the%20USA%20PATRIOT%20Act%3F,and%20bring%20terrorists%20to%20justice.\" target=\"_blank\">USA PATRIOT Act<\/a>:<\/b> Expands AML requirements to cover a broader range of financial transactions and imposes stricter CDD and reporting obligations.\n<br><br>\n<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a07a3e0 elementor-widget elementor-widget-image-box\" data-id=\"a07a3e0\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h5 class=\"elementor-image-box-title\">European Union<\/h5><p class=\"elementor-image-box-description\"><ul class=\"cus_li\">\n<li><b><a href=\"https:\/\/www.idenfy.com\/blog\/eu-anti-money-laundering-directives-amlds\/\" target=\"_blank\">4th and 5th Anti-Money Laundering Directives (AMLD4 and AMLD5)<\/a>: <\/b>Establish comprehensive AML frameworks, including requirements for CDD, EDD, and beneficial ownership transparency.\n<br><br>\n<li> <b><a href=\"https:\/\/www.pwc.com\/mt\/en\/publications\/financial-crime-news\/highlights-of-the-6th-anti-money-laundering-directive.html\" target=\"_blank\">6th Anti-Money Laundering Directive (AMLD6)<\/a>: <\/b>Further strengthens regulations by introducing stricter penalties and expanding the list of predicate offenses.\n<br><br>\n<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-215347f elementor-widget elementor-widget-image-box\" data-id=\"215347f\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h5 class=\"elementor-image-box-title\">United Kingdom<\/h5><p class=\"elementor-image-box-description\"><ul class=\"cus_li\">\n<li><b><a href=\"https:\/\/www.legislation.gov.uk\/uksi\/2017\/692\/contents\/made\" target=\"_blank\">Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017<\/a>:<\/b> Implements EU AML directives and outlines specific requirements for financial institutions, including risk assessments and ongoing monitoring.\n<br><br>\n<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fcf61bf elementor-widget elementor-widget-image-box\" data-id=\"fcf61bf\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h5 class=\"elementor-image-box-title\">Australia<\/h5><p class=\"elementor-image-box-description\"><ul class=\"cus_li\">\n<li><b><a href=\"https:\/\/www.legislation.gov.au\/C2006A00169\/2021-06-17\/text\" target=\"_blank\">Anti-Money Laundering and Counter-Terrorism Financing Act 2006<\/a>:<\/b> Mandates comprehensive AML\/CTF programs, including KYC, reporting obligations, and record-keeping requirements.\n<br><br>\n<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bc7325a elementor-widget elementor-widget-image-box\" data-id=\"bc7325a\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h5 class=\"elementor-image-box-title\">Singapore<\/h5><p class=\"elementor-image-box-description\"><ul class=\"cus_li\">\n<li><b><a href=\"https:\/\/www.mas.gov.sg\/regulation\/notices\/notice-626\" target=\"_blank\">Monetary Authority of Singapore (MAS) Notice 626<\/a>:<\/b> Specifies AML\/CFT requirements for financial institutions, including CDD, suspicious transaction reporting, and internal policies.\n<br><br>\n<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c76a64c elementor-widget elementor-widget-image-box\" data-id=\"c76a64c\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h5 class=\"elementor-image-box-title\">Canada<\/h5><p class=\"elementor-image-box-description\"><ul class=\"cus_li\">\n<li><b><a href=\"https:\/\/lois-laws.justice.gc.ca\/eng\/acts\/p-24.501\/\" target=\"_blank\">Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA)<\/a>:<\/b> Requires financial institutions to implement AML\/CTF programs, report suspicious transactions, and maintain records.\n<br><br>\n<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f2c22c8 elementor-widget elementor-widget-image-box\" data-id=\"f2c22c8\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h5 class=\"elementor-image-box-title\">International Regulations<\/h5><p class=\"elementor-image-box-description\"><ul class=\"cus_li\">\n<li><b><a href=\"https:\/\/www.fatf-gafi.org\/en\/topics\/fatf-recommendations.html#:~:text=The%20FATF%20Recommendations%20are%20the%20building%20blocks%20for%20an%20effective,as%20a%20tick%2Dbox%20exercise.\" target=\"_blank\">Financial Action Task Force (FATF) Recommendations<\/a>: <\/b> Provide a globally recognized framework for AML\/CFT measures. Countries are assessed on their adherence to these recommendations, which cover CDD, beneficial ownership, and international cooperation.\n<br><br>\n<li> <b><a href=\"https:\/\/www.bis.org\/bcbs\/publ\/d383.pdf\" target=\"_blank\">Basel Committee on Banking Supervision (BCBS) Guidelines<\/a>: <\/b> Offer best practices for AML\/CFT compliance within the banking sector, emphasizing risk management and regulatory compliance.\n<br><br><\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0b24d8c   elementor-widget elementor-widget-text-editor\" data-id=\"0b24d8c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Cross border AML due diligence is a critical component of compliance for international businesses. By understanding the challenges and implementing best practices, businesses can effectively mitigate risks associated with money laundering and terrorist financing. Real-life cases demonstrate the severe consequences of inadequate AML measures and the importance of staying informed, leveraging technology, and fostering collaboration. Familiarity with key regulations from top countries and international bodies is essential for navigating the complexities of global AML compliance. As the regulatory landscape continues to evolve, proactive and adaptive strategies will be essential for maintaining compliance and safeguarding your business&#8217;s reputation.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3820e95 elementor-widget elementor-widget-image-box\" data-id=\"3820e95\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><p class=\"elementor-image-box-description\">Download Free due diligence report samples by ZIGRAM from here : <a href=\"https:\/\/www.zigram.tech\/duediliger\/\" target=\"_blank\">Click Here<\/a>.\n\n\n<br><br>\n<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3121bc29 blog-post-item elementor-widget elementor-widget-shortcode\" data-id=\"3121bc29\" data-element_type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-shortcode\">    <div class=\"single_social_share\">\r\n        <div>\r\n            <ul>\r\n                <li>\r\n                    <a class=\"social_link__icon facebook-ic\" href=\"https:\/\/www.facebook.com\/zigram.tech\/\" target=\"_blank\" rel=\"noopener noreferrer\">\r\n                        <i class=\"fab fa-facebook-f\"><\/i>\r\n                    <\/a>\r\n                    <span>Facebook<\/span>\r\n                <\/li>\r\n                <li>\r\n                    <a class=\"social_link__icon twiter-ic\" href=\"https:\/\/twitter.com\/ZigramT\" target=\"_blank\" rel=\"noopener noreferrer\">\r\n                        <i class=\"fa-brands fa-x-twitter\"><\/i>\r\n                    <\/a>    \r\n                    <span>Twitter<\/span>\r\n                <\/li>\r\n                <li>\r\n                    <a class=\"social_link__icon youtube-ic\" href=\"https:\/\/www.youtube.com\/channel\/UC2oc8QlRlYmHS-OxQrrDxAQ\" target=\"_blank\" rel=\"noopener noreferrer\">\r\n                        <i class=\"fa fa-youtube\" aria-hidden=\"true\"><\/i>\r\n                    <\/a>    \r\n                    <span>Youtube<\/span>\r\n                <\/li>\r\n                <li>\r\n                    <a class=\"social_link__icon linkedin-ic\" href=\"https:\/\/www.linkedin.com\/company\/zigram\/\" target=\"_blank\" rel=\"noopener noreferrer\">\r\n                        <i class=\"fab fa-linkedin\"><\/i>\r\n                    <\/a>\r\n                    <span>Linkedin<\/span>\r\n                <\/li>\r\n                <li>\r\n                    <a class=\"social_link__icon mail-ic\" target=\"_blank\" href=\"mailto:contact@zigram.tech\">\r\n                        <i class=\"fas fa-envelope\"><\/i>\r\n                    <\/a>\r\n                    <span>Email<\/span>\r\n                <\/li>\r\n                <li>\r\n                    <a class=\"social_link__icon mail-ic\" target=\"_blank\" href=\"https:\/\/www.instagram.com\/zigram.tech\/\">\r\n                        <i class=\"fa fa-instagram\" aria-hidden=\"true\"><\/i>\r\n                    <\/a>\r\n                    <span>Instagram<\/span>\r\n                <\/li>\r\n                \r\n            <\/ul>\r\n        <\/div>\r\n    <\/div>\r\n    <\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f7a2dd3    elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f7a2dd3\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7ce0497\" data-id=\"7ce0497\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-7f1e45e hashTagcontent elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7f1e45e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-630426c\" data-id=\"630426c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a9ef996 elementor-icon-list--layout-inline elementor-widget__width-initial elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"a9ef996\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items elementor-inline-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-check\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">#CrossBorderCompliance <\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-check\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">#AMLDueDiligence <\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-check\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">#AntiMoneyLaundering <\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-check\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">#RegTech <\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-check\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">#InternationalBusiness <\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-check\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">#Compliance <\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-check\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">#GlobalRegulations <\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-check\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">#FinancialSecurity<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c742e34 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c742e34\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7304ad5\" data-id=\"7304ad5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>In an increasingly interconnected world, international businesses face the dual challenge of expansion and compliance. One critical area that demands meticulous attention is Anti-Money Laundering (AML) due diligence.<\/p>\n","protected":false},"author":1,"featured_media":17326,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,60,55,61],"tags":[31],"class_list":["post-17322","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aml","category-due-diligence","category-regulation","category-transaction-monitoring","tag-due-diligence"],"_links":{"self":[{"href":"https:\/\/testv2.zigram.tech\/wp-json\/wp\/v2\/posts\/17322"}],"collection":[{"href":"https:\/\/testv2.zigram.tech\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testv2.zigram.tech\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testv2.zigram.tech\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testv2.zigram.tech\/wp-json\/wp\/v2\/comments?post=17322"}],"version-history":[{"count":2,"href":"https:\/\/testv2.zigram.tech\/wp-json\/wp\/v2\/posts\/17322\/revisions"}],"predecessor-version":[{"id":21505,"href":"https:\/\/testv2.zigram.tech\/wp-json\/wp\/v2\/posts\/17322\/revisions\/21505"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testv2.zigram.tech\/wp-json\/wp\/v2\/media\/17326"}],"wp:attachment":[{"href":"https:\/\/testv2.zigram.tech\/wp-json\/wp\/v2\/media?parent=17322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testv2.zigram.tech\/wp-json\/wp\/v2\/categories?post=17322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testv2.zigram.tech\/wp-json\/wp\/v2\/tags?post=17322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}