Anti-Money Laundering & Money Laundering Prevention

Anti Money Laundering (AML)

The fastest growing sector of the global economy also comes with the greatest risks.

Faceless monetary transactions, either credit or debit card, ACH, wire transfers, currency exchange or eWallets, harness the power of the Internet on a global scale. However, because of the ease of use to transfers funds either domestically or abroad, these transactions attract the greatest attention from organized crime and terrorist groups.

Is it becoming legally imperative for a diverse range of industries across the world to accurately identify their customers in order to comply with the growing anti-money laundering legislation.

GDC provides the tools needed to satisfy KYC (Know Your Customer) compliance in the Australasia, The Americas, Europe, The Middle East & Africa. We can provide you the tools and datasets needed to tap into, or bring in-house, money laundering prevention solutions.

These include:

global watch lists,
politically exposed individuals and
other resources required to meet international standards

Global Money Laundering

Recent estimates suggest that US$500 billion to $1 trillion is laundered worldwide annually by drug dealers, arms traffickers, and other criminals.

Source: U.S. General Accounting Office

Money laundering operations are increasingly performed through more complex techniques, by individuals or groups that are connected to organised crime in Sweden and its international counterparts.

Source: FATF/OECD

ter·ror (têr'ær) n.
"Violence committed or threatened by a group to intimidate or coerce a population, as for military or political purposes."

| | | |

Level 1, 99 Coventry Street, South Melbourne VIC 3205
Phone: +61 3 9863 9194 Fax: +61 3 9863 9189
Email: enquiries@globaldatacompany.com

| |

The Global Data Company can help you identify citizens in over 110 countries and has the ability to access over 3 billion records. Our solutions are designed to ensure that you know your customer (KYC) and your business is compliant with new AML / CTF and other financial regulation changes. For any Identity and Age verification you need GDC Integrity.