CRA was hired by The Chief Compliance Officer of a leading credit card issuer hired our team to review AML monitoring alerts as part of a deferred prosecution agreement. Our team noted and investigated certain customers who were transacting with cloud mining companies and investment companies, domiciled in high-risk jurisdictions. Our work enabled the Chief Compliance Officer and her team to prepare timely and robust suspicious activity reports.
World Bank debars fraudulent Vietnamese vendor
What happened: On August 18, 2021, the World Bank announced that it had debarred a third-party vendor, Vietnamese company Newstech Trading and Investment...