Day 219: Restrictive Measures

#QuickbiteCompliance day 219

🚫 Stop Bad Guys from Bypassing Sanctions! 🚫  

Did you know that bad guys try to sneak around rules called sanctions? Sanctions are like a “STOP” sign from governments to block criminals, terrorists, and corrupt leaders from moving money. But these sneaky criminals find ways to cheat!  

### How Do They Do It?  

1️⃣ Fake Companies – They create fake businesses in other countries to hide who really owns the money.  

2️⃣ Secret Shell Games – They move money through many banks to make it hard to track.  

3️⃣ Crypto Tricks – They use digital money (like Bitcoin) to avoid banks that follow the rules.  

### How Do We Stop Them?  

✅ Check Names – Banks & businesses must screen who they work with.  

✅ Follow the Rules – Governments track suspicious money moves.  

✅ Use Smart Tech – Tools like #InclusiveRegtech & #OpenSourceAML help catch cheaters faster!  

Let’s work together to block financial crime! 💪  

🔗 Learn more about AML terms: [ACAMS Glossary](https://www.acams.org/en/resources/aml-glossary-of-terms)  

#Sanctions #FinancialCrime #StopMoneyLaundering #RegTech #100HariNulis