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Singapore’s Risk Assessment Highlights New Terrorism Financing Concerns

Fintech News

Singapore has released its updated Terrorism Financing National Risk Assessment (TF NRA) and National Strategy for Countering the Financing of Terrorism (CFT) to address terrorism threats. Non-profit organizations are still considered medium-low risk, but foreign online crowdfunding has emerged as a concerning typology.

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How to Conduct an ISO 27001 Risk Assessment

VISTA InfoSec

Welcome to our comprehensive guide on ‘Conducting an ISO 27001 Risk Assessment’. This blog is designed to equip you with effective strategies for a successful risk assessment, incorporating the principles of ISO 31000 risk management. Let’s enhance your risk assessment!

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iDenfy launches risk assessment tool

The Paypers

Lithuania-based regtech provider iDenfy has announced the launch of its AI-enabled Customer Risk Assessment solution, completing its KYC/KYB/AML compliance suite.

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Planning an Internal Audit Risk Assessment

FloQast

One of the first steps in carrying out an effective internal audit is to perform an internal audit risk assessment. This planning process is the foundation for a successful audit, helping auditors identify and prioritize significant risks and areas of concern within an organization. What Is an Internal Audit Risk Assessment?

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Amended Money Laundering Regulations 2017 bring changes in PEP risk assessment

Neopay

In the case of customers identified as domestic PEPs or having close associations with domestic PEPs, the initial risk assessment will consider them to present a lower level of risk compared to non-domestic PEPs. The post Amended Money Laundering Regulations 2017 bring changes in PEP risk assessment appeared first on Neopay.

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US Treasury releases 2024 illicit finance risk assessments

The Paypers

The US Department of the Treasury has published the 2024 National Risk Assessments on money laundering, terrorist financing, and proliferation financing.

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Trade Ledger Partners With Wiserfunding For Commercial Risk Assessments

PYMNTS

Inaccurate and slow credit risk assessment for [small- to medium-sized business (SMB)] commercial loan requests is one of the major reasons that over 50 [percent] of loans are currently declined by financial institutions (FIs),” said Roger Vincent, chief innovation officer at Trade Ledger.