There is one sentence that is sometimes said with pride by companies subject to anti-money laundering requirements – “We have never filed a suspicious transaction report.” At first glance, it sounds great — no suspicious clients, no suspicious transactions, no problems. For an MLRO, however, the absence of reports is not always a reason for […]

Artificial intelligence has long moved beyond the realm of curiosity and has become part of the daily work of Compliance and AML teams. More and more professionals and consultants are using AI to draft policies and procedures, prepare training materials, screen clients, analyse KYC/KYB and transaction monitoring cases, prepare opinions, conduct regulatory research and create […]

Introduction Recognising politically exposed persons (PEPs) is a key element of the anti-money laundering framework. Identifying a customer as a PEP should not be viewed merely as the fulfilment of a regulatory requirement, but as the starting point for a more in-depth risk assessment. Otherwise, there is a danger that the assessment will remain a […]

Compliance Navi presents its programme of in-person training for 2026–2027. This year we are putting something new and more substantial at the centre: two full certification programmes — one for AML and one for Compliance — as well as three specialized one-day trainings on key topics from practice. Our approach stays the same: real-world case […]

The Evolution of Financial Crime and the Transformation of AML Functions For decades, anti-money laundering (AML) systems have been built on a relatively stable logic — customer identification, risk assessment, and transaction monitoring based on predefined scenarios. This model assumes that customer behavior is relatively predictable, that deviations can be described through rules, and that […]

The periodic customer review plays a central role in anti-money laundering measures. Through it, the institution performs a comprehensive retrospective assessment of the development of its relationship with the customer and evaluates whether the existing risk assessment continues to reflect the actual situation. For this reason, the periodic review is more than an administrative procedure […]

In the world of anti–money laundering, risk rarely comes from obvious places. On the contrary, in practice it is often the seemingly “innocent” products and business models that turn out to be the most convenient cover for financial abuse. Christmas toys are a perfect example of this. At first glance, they represent a mass-market, low-risk, […]

October 22, 2025 – The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced a new package of sanctions against Russia, targeting its two largest energy companies – Rosneft and Lukoil.The measures aim to increase economic pressure on the Kremlin and restrict its access to revenues that finance military operations in Ukraine. According to the official statement, […]

In recent years, supervisory inspections under the Anti-Money Laundering Measures Act (AMLM Act) have become much more targeted and in-depth. Regulators in Bulgaria no longer simply check for the formal existence of internal rules and policies – they assess their real effectiveness: how well a company’s systems and processes actually reduce the risk of money […]