The most comprehensive educational resources for finance

HSBC: Active Non-Compliance of Anti-Money Laundering Standards

47,515 people are said to have been murdered from 2010 as a result of the Mexican drug war. (source: New York times). Others say the figure is closer to 60,000. Fear abounds and the latest news coming in states that the drug mafia has made deep inroads into the army, government machinery which the Mexican government

Anti-Money Laundering (AML) Training Requirements

Money Laundering refers to any act or attempted act conducted to conceal or disguise the identity of illegally obtained funds so that they appear to have originated from legitimate sources.  In other words, it is the process through which criminals convert “dirty” money appear “clean”. International Monetary Fund (IMF) estimates that atleast 3-5% of the