As money laundering and terrorist financing continue to threaten global security, the EU continues to fight back in order to preserve the integrity of the financial ecosystem. Their most recent legislation, The 5th Money Laundering Directive (5MLD) was implemented in...
Admittingly, going to the symphony or participating in an Orchestra concert is not something I have had time for of late. With 3 kids under the age of 10, I usually attend such events infrequently and really appreciate them when they are performing themes such as...
The GDC Blog In the past, the team at GDC has written on how customer due diligence (CDD) is the backbone of any Know Your Customer (KYC) compliance program. However, over the last several years, we have seen a trend where regulatory bodies are putting increased...
The GDC Blog The 4th Anti-Money Laundering Directive (4MLD) came into force as an upgrade/replacement of the 3MLD (3rd Anti-Money Laundering Directive) on June 26th, 2017 with a clear goal of expanding the risk based approach established with 3MLD. Further 4MLD...
