Risk Channel

Risk intelligence to lead, innovate & grow.

Want to get your daily slice of Risk knowledge to your inbox? Sign up now

Risk Channel helps you stay ahead of essential risk news shaping your profession. Every weekday, our unique blend of AI, risk experts and researchers monitor 100,000s of articles to share a summary of the most relevant and useful content to help you lead, innovate and grow.

From supply chain to regulatory enforcement, data privacy, GRC controls, whistleblowers, and risk management strategies. Risk Channel is the only trusted online news source dedicated to covering current headlines, articles, reports and interviews to make sure you’re at the forefront of changes in the risk industry.

HT banner
Recent Editions
rc-recent-na
Risk Channel
North America
Global watchdog identifies increasing misuse of informal money-transfer networks

The Financial Action Task Force (FATF), the global ​money laundering and terrorist financing watchdog, has said the misuse of informal banking networks, including hawala and other similar service ​providers (HOSSPs), which move payments through agents rather than ​regulated financial institutions, is a growing worldwide problem. FATF President Giles Thomson warned that sophisticated, commercially run networks now act as a “serious risk multiplier,” and make it easier for criminals to hide activities that harm people and communities around the world. FATF ​said in its report that professional service providers, including lawyers, accountants, auditors, consultants and real ​estate agents, are increasingly involved in facilitating the schemes.

Full Issue
rc-recent-eu
Risk Channel
UK/Europe
Global watchdog identifies increasing misuse of informal money-transfer networks

The Financial Action Task Force (FATF), the global ​money laundering and terrorist financing watchdog, has said the misuse of informal banking networks, including hawala and other similar service ​providers (HOSSPs), which move payments through agents rather than ​regulated financial institutions, is a growing worldwide problem. FATF President Giles Thomson warned that sophisticated, commercially run networks now act as a “serious risk multiplier,” and make it easier for criminals to hide activities that harm people and communities around the world. FATF ​said in its report that professional service providers, including lawyers, accountants, auditors, consultants and real ​estate agents, are increasingly involved in facilitating the schemes.

Full Issue
top-shadow
Read the latest Risk highlights