Risk

In the arena of combating financial crimes, the clash between the risk-based and rule-based approaches is nothing short of a battle for the soul of regulatory decision-making. On one side stands the dynamic, forward-thinking risk-based approach, while on the opposing front, the rigid, checkbox-driven rule-based strategy stubbornly clings to outdated principles. A risk-based approach, heralded …

UAE’s Risk-Based AML/CFT Framework Read More »