ZIGRAM

A weekly compilation of updates of ZIGRAM’s knowledge, newsletter, and content series focused on Anti-Money Laundering, Financial Crime Compliance, and Emerging Risk. Visit us @ www.zigram.tech for more #AML #FinancialCrime #Compliance #EmergingRisk #KnowledgeUpdates #Newsletter #Fintech #RegTech #Finance #AntiMoneyLaundering #RiskManagement #Regulations #Technology #Innovation #Sanctions #PEPs #Regulations

🚨 Indian Crypto Exchange “WazirX” Victim To $235 Million Hack! 🚨 In a major security breach, WazirX has reportedly lost over $235 million to a sophisticated hacking attack. This incident has raised serious concerns about the security infrastructure of digital asset platforms. Stay informed about this significant event and its implications for the crypto market. Read more https://zurl.co/MyPS in our latest article. #CryptoNews #CyberSecurity #WazirX #FraudPrevention #Fintech

Master Directions On Fraud Risk Management | Regulatory Capsule Powered by: Transact Comply This week we review the Master Directions On Fraud Risk Management released by the Reserve Bank of India. On July 15, 2024, the Reserve Bank of India issued guidelines for banks, Housing Finance Companies, and NBFCs. These include Supreme Court recommendations for hearing borrowers before classifying accounts as fraud. Aimed at enhancing fraud prevention, detection, and reporting, these guidelines apply to NBFCs with assets of INR 5 billion and above. The primary goal is timely reporting of fraud to Law Enforcement Agencies, the RBI, and the National Housing Bank. Read more: https://zurl.co/8q1e Explore the product's full scope: https://zurl.co/E0MW #RBI #FraudRiskManagement #NBFCs #FinancialSecurity #FraudPrevention #Governance #EarlyWarningSystem #FinancialRegulation #RBIRegulations #Finance #NonBankingFinancialCompanies #RiskManagement #FinancialIntegrity

Sanctions Watch | Weekly Vol. 57 | 08 July – 14 July 2024 Powered by PreScreening.io Welcome to the 57th edition of the Sanctions Watch Weekly Digest! In this issue, we present significant updates on sanctions watchlists and regulatory developments. Major Headlines: 1. OFAC extends authorization for LPG transactions to Venezuela until 2025 2. EU expands definition of sanctions circumvention in 14th package, enhancing accountability and closing loopholes 3. New Zealand expands sanctions on Russia and Iran over Ukraine conflict, targeting military aid and weapons transfers 4. Italy releases national control list for dual-use goods and technology, tightening export restrictions under EU regulation Read More: https://zurl.co/a7i4 Product Insights: https://zurl.co/UFNu #OFAC #Venezuela #GeneralLicense #LiquefiedPetroleumGas #ExecutiveOrders #BlockedPersons #BureauofIndustryandSecurity #EU #SanctionsEvasion #UnitedKingdom #UK #NewZealand #Ukraine #War #MilitarySupport #NorthKorea #Russia #TradeMeasures #Italy #Regulations #SanctionsWatch #InternationalSanctions #EconomicSanctions #RegulatoryCompliance #TradeCompliance #SanctionsEnforcement #SanctionsViolations

🌟 Proud to announce our successful collaboration with the Shikhar Dhawan Foundation (SDF) on a heartwarming initiative! 🌟 We recently visited an animal shelter in Gurugram, India, where we distributed coolers to provide much-needed relief to the animals during this scorching heat. A huge thank you to our dedicated employees for their generous donations and unwavering support in making this possible. Your contributions are truly making a difference in these animals' lives. #SmallSupports #UpwardsAndOnwards #AnimalWelfare #CorporateSocialResponsibility #ZIGRAM_SDF

We are thrilled to share that our 'Chill Paws' CSR donation drive with Shikhar Dhawan Foundation (SDF) was a great success! Thanks to the generous contributions from our employees, we were able to donate 4 coolers to our furry friends in need. Their support has made a significant impact, helping to ensure that animals stay cool and comfortable. We truly appreciate their kindness and dedication to this cause. Thank you once again for their donations and for making this event a success. #CSRInitiative #ZIGRAM_SDF #CorporateResponsibility

Malta FIAU Annual Report 2023 | OSIN In this week's OSIN, we review the recently released Malta FIAU Annual Report 2023. Read More: https://zurl.co/MeXF Explore the product's full scope: https://zurl.co/iiKj #Malta #FIAU #AnnualReport2023 #AML #CFT #FinancialIntelligence #Compliance #FraudPrevention #FinancialCrime #Regulation #FinancialInstitutions #ReportingQuality #EnforcementActions #CBAR #RiskManagement #FinancialSecurity

PEP Tracker | 08 - 14 July, 2024 | Weekly Vol. 58 Powered By - Data Asset Builder Introducing the 58th edition of The PEP Weekly Digest, where we present to you the most recent updates and news on the global political stage. Recent and upcoming elections influence the worldwide political landscape in 8 nations, slated between June 30, 2024 and Sep 01, 2024. Major Headlines: 1. Afghanistan: Hidayatullah Badri has been appointed as the new Acting Minister of Mines and Petroleum 2. Canada: John Hogan has been appointed as the new Interim Minister of Health for Newfoundland and Labrador 3. United Kingdom: Keir Starmer has been appointed as the new Prime Minister 4. Canada: The Department of Finance has released draft regulations under the Proceeds of Crime and Terrorist Financing Act, which, among other things, implement some of the changes outlined in the Fall Economic Statement of 2023 5. Indonesia: Former Agriculture Minister Syahrul Yasin Limpo was sentenced to 10 years in jail after being found guilty of misappropriating more than $900,000 of public funds To read more - https://zurl.co/z0ie Product Insights – https://zurl.co/R0xW #AWEB #ElectionGuide #IslamicEmirate #SupremeLeader #Afghanistan #JohnHogan #NewfoundlandLabrador #HealthMinister #KeirStarmer #PrimeMinister #UKPolitics #Canada #AntiMoneyLaundering #Regulations #SyahrulYasinLimpo #Corruption #JakartaCourt

What Is AML Name Screening? What Are The Techniques And Best Practices? Anti-Money Laundering (AML) name screening plays a critical role in the operations of financial institutions, particularly in combating money laundering, strengthening the Know Your Customer (KYC) processes, and reducing fraud and financial crimes. Read about it here: https://zurl.co/K7sR #AMLNameScreening #Compliance #RiskIdentification #PreScreening

On June 29, 2024, ZIGRAM conducted a successful campus drive aimed at hiring for full-time roles in our Products, Operations, Customer Service Group (CSG), and Data Science departments. We had the pleasure of hosting around 100 talented candidates from esteemed colleges such as SRCC, Rajdhani, Hansraj, Hindu, SGTB Khalsa, College of Vocational Studies, and the Department of Operational Research, DU. The drive was a fantastic experience, and we are excited to announce that we have shortlisted 9 exceptional candidates. Congratulations Shivani Saini, Janvi Dhall, Samya Jain, tanishqa chahal, DIWAKAR KAPOOR, Anurag Jodha, Preeti Singh, Manan T., Nitika Bhatt We are thrilled to welcome them to our team and look forward to their success. #CampusDrive #HiringSuccess #WelcomeNewTeam #ZIGRAMCareers