A summary on Money Laundering/Terrorist Financing risks arising from COVID-19 and how we can help?
The COVID-19 pandemic has led to unprecedented global challenges, human suffering and economic disruption. Individuals are placed under “lockdown” (or other movement restricted measures), and businesses that are classified as “non-essential” services are forced to shut their physical stores overnight. As a result, many are turning to online systems to enable remote work. This has also led to an increase in COVID-19-related crimes, including fraud, cybercrime, misdirection or