Across
- 3. The act of verifying a customer’s identity before providing services
- 6. The misuse of financial systems to hide illegal funds
- 7. A standardized approach to managing financial risk
- 10. The act of collecting funds for unlawful purposes, including terrorism
- 11. Technology that automates compliance processes
- 12. The process of managing compliance through automated systems
Down
- 1. The framework of rules that financial institutions must follow
- 2. A global anti-money laundering organization
- 4. Digital ledger technology that supports secure record-keeping
- 5. Monitoring of financial transactions to prevent illegal activities
- 8. Regtech solution that uses AI to analyze vast amounts of data
- 9. A type of technology used in compliance and risk management
- 11. The act of ensuring financial systems are not used for illegal purposes