The Wolfsberg Group has published guidance on artificial intelligence and machine learning (AI/ML), which the association of 13 global banks believes can have, and are already having, a significant impact on improving the effectiveness and efficiency of financial crime compliance… Read More ›
The Wolfsberg Group, the association of global banks that aims to develop frameworks and guidance for the management of financial crime risks, has updated and published its Financial Crime Principles for Correspondent Banking. The principles detail risk-based due diligence measures that… Read More ›
The Wolfsberg Group has published a guidance paper on requests for information (RFIs) as used in the anti-money laundering (AML) transaction monitoring process. The association of global banks that develops frameworks and guidance for the management of financial crime risks… Read More ›