compliance

Breaking: Upcoming important change that will require the reporting of the beneficial owner(s) of a US company in the future. If you own a US company, it is likely that you are directly affected by this reporting obligation. The Financial Crimes Enforcement Network (FinCEN) published a...

Hi to all, I would like to do an AML / KYC compliance course. Any recommendation? I do not need a master's degree or an advanced course, it is not my intention to work as a Compliance Officer, only to expand knowledge. In the game of the financial universe, the AML / KYC compliance is the...

This is my situation: I never declared any taxes ever in my 10+ years of legal residence in the US. I had been relatively poor most of that time, working for my extended family in the US. My bank account had always less than 10K USD and my coinbase account has always had less than 10K USD (until...

Hello everyone. I have couple of banks in mind (Swiss and UAE) to set up account. Main purpose - cash out crypto to fiat. What is better: 1 - to be proactive and discuss with bank main purpose, show all the proof of legality of my crypto, solve all the possible questions upfront. To prevent...

What are the pros and cons of an EMI business account? Can we open an EMI business account for a new offshore company without facing any problem? Is it mandatory to also open a business account in a traditional bank or we can easily send and receive money with a an EMI business account?

Hi Guys, I'm new to this forum and saw a couple of other threads that were similar to the problem that I had yesterday and now today. Yesterday I tried to send my German supplier of PPE Respirators the best part of €75k through TransferWise (My Limited Business is UK Based) to fulfil an...

Apologies I am new to this realm of knowledge if my questions seem obvious. How compliant are banks in Russia in regards to FATCA? Last time I looked at the list of participants the US has bullied into signing it, I did not see Russia on it. However I am aware that just because a country is not...