Tag: United Nations

Banks, money services businesses, and other financial institutions are bound by U.S. laws to establish anti-money laundering (AML) procedures. Implementing identity verification, regulatory reporting, and risk management can be intricate, lengthy, and costly.

Global insurer and asset manager Generali has partnered with The United Nations Development Programme (UNDP) to develop insurance and risk finance solutions to enhance the resilience of communities and local businesses.

Members of the controversial online forum 4chan claim to have joined forces to invest and donate $75m in bitcoin to companies protecting personal data, develop anonymity tools, blockchain and cryptocurrencies.

Cryptocurrencies are making it more difficult for law enforcement to prosecute criminals guilty of cyber crime, terror financing, money laundering and abuse of children, according to a United Nations official.