London Governance & Compliance Academy
Introduction Historically, the global approach to Anti-Money Laundering (AML) was predominantly rule-based, where strict compliance and standardised measures dominated strategies. However, as the financial world grew more intricate and threats more nuanced, a tailored strategy became paramount. Thus, the Risk-Based Approach (RBA) was conceived. Central to the Financial Action Task Force (FATF) recommendations, […]
The BASEL Accords, a vital framework in global banking regulation, have significantly improved global financial stability. Four key accords have been sequentially introduced. BASEL I, in 1988, established minimum capital requirements to mitigate credit risk. BASEL II (2004) refined risk measurement and sensitivity. Responding to the 2008 crisis, BASEL III (2010) enhanced capital adequacy and […]
Our paradigm of work has been dramatically reshaped in recent years, with remote work becoming increasingly prevalent everywhere. For many people, this has been a dream they have reached for, and the greater flexibility it affords was almost an El Dorado. However, several years into the project, and after some of the initial hype has […]
