Abiola Idowu and Kehinde Obasan, `Anti-Money Laundering Policy and Its Effects on Bank Performance in Nigeria' (2012) 5(2), Business Intelligence Journal, 367, 372.Idown, Abiola and Obasan, Kehinde A. (2012). Anti-money laundering policy and its effects on bank performance in Nigeria. ...
Privacy Concerns. Banks designing AI to combat money laundering need to consider the privacy aspects of these systems. Banks have access to significant amounts of data, including personal information, and the rights to use this information must be evaluated in context. ...
In this paper, the concepts of money laundering and financial crimes in Nigeria, with a special focus on strategies as well as future direction of control, are explored in some depth. This work has established that Nigeria has a substantial anti-money laundering framework; however, it suffers ...
In 2021, media reports revealed that nearly fifty UK universities had accepted upwards of £52 million in direct cash payments for tuition and fees from students hailing from countries known to be “high risk” for money laundering—most notably the West African countries of Ghana and Nigeria....
The Oracle Financial Crime and Compliance Management solution suite has been consistently ranked as a Technology Leader by Quadrant Knowledge Solutions in their SPARK Matrix™Anti–Money Laundering, Know Your Customer, and Watchlist and Sanctions Monitoring solution reports. Oracle has also been recognize...
Anti-Money Laundering (AML) are laws, regulations, and procedures that prevent criminals from disguising illegally obtained funds as legitimate income.
Identifying and Reducing the Money Laundering Risks and Vulnerabilities Associated With Virtual Assets: The Case of Nigeria PURPOSE – This paper aims to shed light on the use of virtual assets as an alternate currency by criminals, and discuss the various anti-money laundering ... E Esoimeme ...
Laundering’ (2005) 9(1) Journal of Money Laundering Control 62; Olatunde Julius Otusanya, Solabomi Omobola Ajiboldae and Eddy Olajide Omolehinwa, ‘The Role of Financial Intermediaries in Elite Money Laundering Practices: Evidence from Nigeria’ (2012) 15(1) Journal of Money Laundering ...
EBANX's Anti-Money Laundering and Counter-Terrorist Financing program will be audited annually. The internal audit will report the status of controls and areas that need remediation to senior management. This process ensures the identification and mitigation of gaps in controls. Upon request, the res...
The susceptibility of money laundering and terrorist financing is increasing in Nigeria. The Basel Anti-Money Laundering Index rated... Read More ❯ Analysis of Lagos State Remote Court Sessions Following the innovations in the Judiciary due to COVID-19 Pandemic and the decision of the Supre...