Compliance
This term describes a set of principles that governs the behavior of a person or the conduct of an activity.
What are ethics?
This traditional dish, consisting of goat meat slow-cooked in an underground pit, is a culinary specialty of Monterrey.
What is Cabrito?
This act requires equal pay for equal work among men and women.
What is the Equal Pay Act?
This is one of the largest cryptocurrency exchanges in the world, founded in China but now based in Malta.
What is Binance?
This South African-born entrepreneur is known for founding SpaceX and co-founding Tesla, Inc., among other ventures.
Who is Elon Musk?
This Cartagena event, celebrating the Afro-Caribbean culture, includes parades, music, and dance, and takes place in November.
What is the Independence Day Celebration (Fiestas de la Independencia)?
This technology, commonly associated with cryptocurrencies like Bitcoin, is being used to enhance transparency and security in financial transactions.
What is blockchain?
This report must be filed when transactions involving $10,000 or more in cash occur.
What is a Currency Transaction Report (CTR)?
This historic neighborhood in Buenos Aires is known for its brightly colored houses and tango parlors.
What is La Boca?
AML/CFT stands for ___.
What is Anti-Money Laundering and Countering the Financing of Terrorism?
This type of firm focuses on early-stage investments in the fintech secto
What is a venture capital firm?
The founder of Amazon started the company as an online bookstore in a garage in 1994.
Who is Jeff Bezos?
This Kyiv avenue, often considered the city's main street, hosts numerous parades and public events.
What is Khreshchatyk Street?
This financial service model uses algorithms and data analysis to offer personalized financial advice and management.
What is robo-advising?
This type of report is filed when a transaction involves at least $5,000 and is known or suspected to involve funds derived from illegal activities.
What is a Suspicious Activity Report (SAR)?
This San Francisco park, covering over 1,000 acres, is larger than New York's Central Park.
What is Golden Gate Park?
The ____ of Canada contains several provisions that relate to bribery and corruption. For example, i. section 119 prohibits the giving or offering of bribes to officials, while ii. section 121 prohibits the accepting of bribes by officials.
What is the Criminal Code of Canada?
This U.S. legislation, passed in response to the 2008 financial crisis, aims to increase transparency in the financial industry.
What is the Dodd-Frank Act?
This Australian-American media mogul founded News Corporation, which owns hundreds of local, national, and international publishing outlets.
Who is Rupert Murdoch?
This Atlanta-based company is famous worldwide for its soft drinks.
What is The Coca-Cola Company?
This technology trend leverages cloud computing to enhance the scalability, flexibility, and security of financial services.
What is cloud banking?
The average victim of identity theft loses over ___ USD
What is $3,000 USD?
This pedestrian street in Barcelona is known for its street performers and lively atmosphere
What is La Rambla?
Placement: Introducing "dirty money" into the financial system. b. Layering: Conducting complex transactions to obscure the source of funds. c. Integration: Returning the "cleaned" funds to the criminal originator.
What are the Three Stages of Money Laundering?
This app helps users track their personal finances and investments, offering tools for budgeting and financial planning.
What is Mint?
Often referred to as the "Oracle of Omaha," this CEO of Berkshire Hathaway is known for his frugal lifestyle despite his wealth.
Who is Warren Buffett?
This major street in Toronto is known for its theaters and entertainment venues.
What is King Street?
This type of technology allows financial institutions to analyze vast amounts of data to predict market trends and consumer behavior.
What is artificial intelligence (AI) and machine learning?
The most common type of fraud is ___.
What is identity theft?
This Warsaw park, the largest in the city, is known for its beautiful gardens and the Chopin monument.
What is Łazienki Park?
The most common form of money laundering is known as ___.
What is structuring?
This company was one of the first peer-to-peer lending marketplaces in the U.S., connecting borrowers with investors through an online platform.
What is LendingClub?
This business magnate co-founded Apple Inc., Pixar Animation Studios, and later funded the creation of NeXT.
Who is Steve Jobs?
This Montreal street is famous for its numerous art galleries and cultural institutions.
What is Sherbrooke Street?
This trend is characterized by the use of decentralized platforms to offer financial products and services, bypassing traditional banking systems
What is decentralized finance (DeFi)?
This system controls and directs companies, involving rules, practices, and processes by which companies are operated and controlled.
What is corporate governance?
This Barcelona stadium is home to the FC Barcelona football team.
What is Camp Nou?
What is Anti-Bribery and Anti-Corruption?
This tool, utilized by both fintechs and traditional banks, analyzes big data to predict trends and personalize services to individual customers.
What is predictive analytics?
He founded Facebook in his Harvard University dorm room in 2004
Who is Mark Zuckerberg?
This financial district in New York City is home to the New York Stock Exchange.
What is Wall Street?
This innovation allows users to access their financial information and conduct transactions across multiple institutions through a single application interface.
What is open banking?
This U.S. law makes it illegal for companies and their supervisors to influence foreign officials with personal payments or rewards
What is the Foreign Corrupt Practices Act (FCPA)?
This Montevideo stadium hosted the first FIFA World Cup final in 1930.
What is Teatro Solís?
A business with no physical presence or legitimate purpose
What is a shell company?
This fintech firm offers digital platforms for personal investing and wealth management, known for its easy-to-use interface and low fees
What is Wealthfront?
This Japanese billionaire is the founder of Fast Retailing, the parent company of Uniqlo.
Who is Tadashi Yanai?
The historic event in 1773 where American colonists protested British taxation by dumping tea into Boston Harbor.
What is the Boston Tea Party?
This payment technology, enabling fast and secure transactions using mobile devices, is rapidly gaining popularity worldwide
What are mobile payment systems (such as Apple Pay, Google Wallet)?
This legal principle states that contracts must be negotiated, agreed upon, and signed by all parties involved in order to be binding.
What is mutual assent?
This popular park in Indaiatuba is known for its extensive walking trails and large lake.
What is Parque Ecológico de Indaiatuba?
This type of analysis evaluates the potential financial harm that might result from some identified risks.
What is a risk assessment?
This major tech company created a digital payment system that uses NFC technology for transactions through mobile devices.
What is Apple with Apple Pay?
This former professional basketball player became a successful entrepreneur, owning theaters, a promotional company, and even a share of the Los Angeles Lakers.
Who is Magic Johnson?
This Montevideo theater, inaugurated in 1856, is one of the oldest in South America.
What is Teatro Solís?
This innovative technology, also known as Distributed Ledger Technology (DLT), facilitates peer-to-peer transactions without the need for intermediaries.
What is blockchain?
Over 200 countries have adopted the ___ Recommendations
What is FATF?
This Niteroi island is a popular spot for hiking and offers stunning views of the surrounding area.
What is Ilha da Boa Viagem?
This process involves verifying the identity of a bank's clients and assessing their suitability along with the potential risks of illegal intentions
What is KYC?
This platform allows people to fund projects or ventures by raising money from a large number of people, typically via the Internet.
What is Kickstarter?
This rapper became the first hip-hop billionaire thanks to his clothing lines, entertainment company, and investments in various other ventures
Who is Jay-Z?
This annual festival in Kyiv celebrates Ukrainian cinema and international films
What is the Molodist Kyiv International Film Festival?
This AI model by OpenAI has been trained on a mixture of licensed data, data created by human trainers, and publicly available data to perform a wide variety of language tasks.
What is Chat GPT?
Additional due diligence is performed on the customer, which includes requesting additional information, documentation, and research into the customer.
What is Enhanced Due Diligence?
This landmark in Nairobi is the tallest building in Kenya
What is the Britam Tower?
This act protects whistleblowers who are government employees in the United States from retaliatory actions for voluntarily disclosing information about dishonest or illegal activities occurring at a government organization.
What is the Whistleblower Protection Act?
This company pioneered the digital wallet and is known for its simple peer-to-peer payment system
What is PayPal?
This Mexican businessman is one of the richest people in the world and made his fortune by controlling over 200 companies in a variety of industries, including the beverage company Coca-Cola Femsa.
Who is Carlos Slim?
This annual event in Nairobi is East Africa's premier trade fair.
What is the Nairobi International Trade Fair?
This trend involves the integration of financial services with non-financial platforms, such as social media and e-commerce sites.
What is embedded finance?
This act requires U.S. financial institutions to assist U.S. government agencies in detecting and preventing money laundering.
What is the Bank Secrecy Act (BSA)?
This Ottawa park is home to the Governor General's residence and is known for its beautiful gardens.
What is Rideau Hall?
They are endemic sociological occurrences which appear with regular frequency in virtually every country across the world in varying degrees and scales.
What is bribery, corruption, and crime?
This UK-based fintech company offers banking services through a mobile app and is known for its bright coral-colored debit cards.
What is Monzo?
This self-made billionaire founded Kylie Cosmetics and became the youngest self-made billionaire in 2019.
Who is Kylie Jenner?
This Chicago museum is home to "Sue," the largest and most complete Tyrannosaurus rex skeleton ever found.
What is the Field Museum?
This emerging trend involves using parts of your body, such as fingerprints and facial recognition, to enhance security in financial transactions.
What is biometric authentication?