Two units of the US Treasury, the Financial Crimes Enforcement Network (FINCEN) and the Office of Foreign Assets Control (OFAC), collect lists of sanctioned parties and information on transactions in which they are potentially involved, for enforcement of anti-money laundering (AML) and know-your-customer (KYC) rules governing financial markets.
To comply with these rules, which reverberate globally, firms need "look-through capability," says Mark Kalen, director of product marketing at Intralin
WatersTechnology attended the Futures Industry Association's annual conference in Boca Raton, Florida. These are the takeaways.Subscribe to Weekly Wrap emails
- The Insurgents: Fintechs Are Knocking Off Incumbents
- CFTC Commissioners Lash Out at EC Clearing Proposals
- Waters Wavelength Podcast Episode 113: IBM's Lund on Blockchain's Evolution
- Wrestling Over Competing Mifid II, GDPR Data Demands
- MarketAxess Banks on Asian Electronic Markets with BlackRock Partnership