Hawala, an ancient banking system that originated in the Middle East and South Asia, has spread around the world. Secretive by nature, hawala remains a mystery to most people outside of the ethnic communities that use it. It is fast, inexpensive, reliable, convenient, and, most notably, discreet. These qualities have earned hawala many legitimate customers, not to mention money launderers and t...

Banks and other financial institutions are required by law to comply with AML requirements guarantee they do not facilitate money laundering. However, exceptionally susceptible laundering activities in Malaysia. With this concern, project aimed identify the determinants which contribute among commercial banks Since there only a few studies have analysed various factors that influence laundering...

In September 1995, the Congressional O ce of Technology Assessment completed a study of the potential for AI technologies to detect money laundering by screening wire transfers. The study, conducted at the request of the Senate Permanent Subcommittee on Investigations, evaluates the technical and public policy implications of widespread use of AI technologies by the Federal government for fraud...

New regulations to counteract money laundering in the trading of works art. Between implementation AMLD V and systemic solution Implementing 5th AML (Anti-Money Laundering) Directive form a 2021 amendment Act on Counteracting Money Laundering Terrorism Financing Poland is fundamental importance for market. It will be binding upon entities such as entrepreneurs operating field art, collectors’ i...

Abstract. The importance of understanding why and how vital financial inclusion is recognizing that finance or development plays an essential role in shaping economic stability. According to the current international assessment, has a positive impact on economy. Essential functions perform information production; distribution capital for production use; investment control corporate control; mob...

The objective of this study is to present research on classical and intelligent information system solutions used in criminal intelligence analysis in Croatian security system theory. The study analyses objective and classical methods of information science, including artificial intelligence and other scientific methods. The intelligence and classical software solutions researched, proposed, an...

Static headspace--multi-capillary column--gas chromatography--ion mobility spectrometry (SHS-MCC-GC-IMS) has been applied to the analysis of malodour compounds from soiled clothing (socks and T-shirts), pre- and post washing, at low temperature (20°C). Six volatile compounds (VCs) (i.e. butyric acid, dimethyl disulfide, dimethyl trisulfide, 2-heptanone, 2-nonanone and 2-octanone) were identifie...

Today, money laundering (ML) poses a serious threat not only to financial institutions but also to the nations. This criminal activity is becoming more and more sophisticated and seems to have moved from the cliché of drug trafficking to financing terrorism and surely not forgetting personal gain. Most of the financial institutions internationally have been implementing anti-money laundering so...