The fight against money laundering is likely to get more challenging for many businesses in 2023, with global events likely shaping the compliance and regulatory landscape. With organized criminals increasingly becoming more tech-savvy and regulators increasing enforcement action for noncompliance, the stakes have never been...

Hawala, also known as hundi, is a traditional informal value transfer system that is not regulated in many countries. It relies on a network of hawala brokers (hawaladars), who transfer money on behalf of clients without the use of a traditional financial institution (FI). It...

2022 was a rollercoaster year for digital asset regulation and enforcement—at times fluctuating between a “Groundhog Day”-esque barrage of been-there-before and an endless array of shock and awe. Like every February when our stout-bodied rodent friend prepares to pop out of his hole, the question...