Tommy Hartono 吕恩豪

Tag: terms

  • Day 3: Alert

    Day 3: Alert

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    Tommy Hartono
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    #QuickBiteCompliance Day 3 Today we delve into understanding the concept of an Alert in compliance. An Alert is essentially a review triggered by red flags that demand analyst attention. In the realm of know-your-customer procedures, alerts pinpoint potential discrepancies flagged either manually or through automated systems, based on predefined red flags and typologies. In the…

  • Day 2: Affidavit

    Day 2: Affidavit

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    Tommy Hartono
    in

    #QuickBiteCompliance Day 2 Today’s topic: Affidavit An affidavit is a written statement provided under oath before a court officer, notary public, or other authorized individual. It serves as the factual foundation for applications like search, arrest, or seizure warrants. Stay informed! #InclusiveRegTech #affidavitSource: https://www.acams.org/en/resources/aml-glossary-of-terms

  • Day 1: AML

    Day 1: AML

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    Tommy Hartono
    in

    #QuickBiteCompliance Day 1 Today, let’s dive into the world of AML (Anti-Money Laundering). So what is AML? AML controls play a crucial role in preventing financial criminals from disguising illicit funds as legitimate ones. It is essential for financial institutions and regulated entities to have a strong program in place to detect, prevent, and report…