Tuesday, September 29, 2015
Monday, September 28, 2015
Exiger to Launch Exiger Insight and Host AML Knowledge
Require launch Insight and knowledge required Host session ACAMS AML AML and 14 annual conference on financial crime:
NEW YORK - (BUSINESS WIRE) - Require financial crime policy and global firm, risk and compliance, will begin his new platform reasonable diligence Require Preview 14 Annual AML and financial crime in Las Vegas at the ACAMS conference. In addition to the launch, President RDG Require and North America John W. Melican conduct an awareness session at the conference entitled AML
Require Insight offers customers a secure, efficient tool management from end to end for due diligence. The new solution provides the tools to control and case management tracking allows global teams to stay coordinated. Located in a secure portal, Demanding Insight also provides communications capabilities that enhance the transparency, accountability and collaboration, and minimize the risk of security leaks by phone and email. Require Insight enables research teams to work seamlessly in a single due diligence platform for a new order management, results reporting, downloading documentation and storage.
"Maintaining compliance due diligence is harder than ever for global teams who have to go further to understand their customers and suppliers," said Michael Drinking, President and CEO of Demand. "Require Insight enables customers to manage their orders through a secure, protecting against the risk of a possible breach of information."
ACAMS AML and 14 annual conference on financial crime will take place from September 28 to 30 at the Aria in Las Vegas. Live demonstrations demand Insight will be available throughout the conference at booth No. 107. The knowledge session AML
Wednesday, September 23, 2015
Cams Exam Quesiton No 4
Question No 4:
According to the FATF 40 Recommendations, the threshold for identifying occasional customers at financial institutions is:
A. EURO/US$ 5,000.B. EURO/US$ 10,000.
C. EURO/US$ 15,000.
D. EURO/US$ 20,000.
Answer: C
Sunday, September 20, 2015
Company Shares of ENI S.p.A. (NYSE:E) Drops by -3.77%
ENI SpA (NYSE: F) lost 3.77% during last week fell by 0.65% in the last four weeks. The shares, however, are negative with respect to the S & P 500 over the past week with a loss of 14.76%. ENI SpA (NYSE: F) underperformed the index by 9.12% in the last four weeks. Investors should be wary of other signs and trade with caution.
Eni SpA fell 12.17% in the last three months. Year performance to date of the action is -5.69%. Having the shares of the company fell 32.69% in the last 52 weeks. The September 22, 2014 Registered shares with a maximum of $ 47.78 and a year year low was seen August 24, 2015 at $ 30.03. The 50-day moving average is $ 33.41 and saved 200-day moving average at $ 35.31. S & P 500 is up 1.82% over the past 52 weeks.
Shares of ENI SpA (NYSE: F) ended Friday's session at the Red volatile business environment. The shares closed 1.4364 points or 4.31% to $ 31.89 with obtaining 264.115 shares traded. Post opening session $ 32.47, the shares hit an intraday low of $ 31.89 and an intraday high of $ 32.53 and ranged in price range this all day. The company has a market capitalization of $ 57,947,000 and the number of shares outstanding were calculated to be 1,817,092,000 shares. The 52-week high of ENI SpA (NYSE: F) is $ 49.33 and 52 weeks was $ 30.03.
Institutional investors have a 1.3% share of the Company. In the last three months, 13.22% of the total institutional ownership has changed in the shares of the company.
Eni SpA is a leading multinational oil and gas company based in Italy. It works with seven segments. The Refining and Marketing segment focused on the refining and marketing of petroleum products. ENI Group Services covers Trading commodity trade, shipping and oil products. Chemicals covers the production and sale of petrochemicals. It includes engineering and construction services for the oil and gas. Exploration and Production is focused on the exploration, development and production of oil and natural gas. The Gas & Power supply, regasification, transportation, storage, distribution and marketing of natural gas, electricity generation and sale of electricity. The Other Activities segment manages components, financial services and business. In January 2014, it sold a 60% stake in Russia's Arctic Yamal development. In February 2014, the Company acquired 51% of Acam Clienti SpA; Following the acquistion, the Company holds all the shares ACAMS.
Eni SpA fell 12.17% in the last three months. Year performance to date of the action is -5.69%. Having the shares of the company fell 32.69% in the last 52 weeks. The September 22, 2014 Registered shares with a maximum of $ 47.78 and a year year low was seen August 24, 2015 at $ 30.03. The 50-day moving average is $ 33.41 and saved 200-day moving average at $ 35.31. S & P 500 is up 1.82% over the past 52 weeks.
Shares of ENI SpA (NYSE: F) ended Friday's session at the Red volatile business environment. The shares closed 1.4364 points or 4.31% to $ 31.89 with obtaining 264.115 shares traded. Post opening session $ 32.47, the shares hit an intraday low of $ 31.89 and an intraday high of $ 32.53 and ranged in price range this all day. The company has a market capitalization of $ 57,947,000 and the number of shares outstanding were calculated to be 1,817,092,000 shares. The 52-week high of ENI SpA (NYSE: F) is $ 49.33 and 52 weeks was $ 30.03.
Institutional investors have a 1.3% share of the Company. In the last three months, 13.22% of the total institutional ownership has changed in the shares of the company.
Eni SpA is a leading multinational oil and gas company based in Italy. It works with seven segments. The Refining and Marketing segment focused on the refining and marketing of petroleum products. ENI Group Services covers Trading commodity trade, shipping and oil products. Chemicals covers the production and sale of petrochemicals. It includes engineering and construction services for the oil and gas. Exploration and Production is focused on the exploration, development and production of oil and natural gas. The Gas & Power supply, regasification, transportation, storage, distribution and marketing of natural gas, electricity generation and sale of electricity. The Other Activities segment manages components, financial services and business. In January 2014, it sold a 60% stake in Russia's Arctic Yamal development. In February 2014, the Company acquired 51% of Acam Clienti SpA; Following the acquistion, the Company holds all the shares ACAMS.
Thursday, September 17, 2015
Cams Exam Quesiton No 3
Question No 3:
According to the FATF 40 Recommendations, "Designated non- financial businesses and professions" include?A. Internet casinos, real estate agents and dealers in precious stones
B. Money service businesses, gatekeepers, and issuers of electronic money
C. Dealers in precious metals, lawyers, commodity futures traders
D. Life insurance companies, real estate agents and notaries
Answer: A
Sunday, September 13, 2015
Wolters Kluwer Financial Services Expert
Wolters Kluwer Financial Services experts to help improve relations with MSB bankers:
Money Services Business (MSB) often face obstacles in seeking financial service providers. Wolters Kluwer Financial Services announced today that Shannon Bennett, senior director of strategy crimes financial control Wolters Kluwer Financial Services, will participate in a seminar to help promote better banking relationships MSB.The seminar, "what the bankers want to see before Onboarding MSB" is organized by the Association of Certified Laundering Money Laundering Specialists (ACAMS) Wednesday, September 23, 12:. 00-14h00 EDT During the seminar, participants will hear from a diverse panel on best practices to promote and develop a collaborative approach that serves the interests of the business requirements and regulations of both parties. Bennett will be accompanied by Dennis Lormel, President and CEO of DML Associates. The webinar will be hosted by William Voorhees, director of risk management, Silicon Valley Bank.
"MSB are challenged to establish and maintain banking relationships, often due to compliance issues," Bennett said. "The results of this seminar will help MSB understand how to develop and share models of risk that not only the bank address and alleviate regulatory concerns, but leads to strong banking relationships and overall mutual benefit."
Bennett has almost 30 years experience of compliance in the financial services sector, and working in both banking and non-banking. In his role at Wolters Kluwer Financial Services, Bennett served as adviser and strategist for financial institutions in the prevention, identification and resolution of potential fraud, money laundering, terrorist financing and other financial crimes.
Thursday, September 10, 2015
Cams Exam Quesiton No 2
Question No 2:
What is the Right of Reciprocity in the field of international cooperation against money laundering?A. The legal principle that financial institutions that have referred customers to other financial institutions can share information about these customers with the other institutions.
B. A rule of the Basel Committee allowing properly regulated financial institutes of another member state of the Basel Committee to do business without additional supervision to the degree that the other state grants the same right.
C. The right of each FATF member country to delegate prosecution of a case of money laundering to another member that is already investigating the same case.
D. A rule in the law of a country allowing its authorities to cooperate with authorities of other countries to the degree that their law allows them to do the same.
Answer: B