Arab Monetary Fund

Refinitiv and the Arab Monetary Fund (AMF) today announced the adoption of World-Check as the preferred anti-money laundering data for “Buna”, the first cross-border payment system in the Arab Region launched by AMF earlier this year. Buna is a multi-currency payment system that enables financial institutions to send and receive cross-border payments across the Arab region and beyond in local and international currencies. World-Check will equip Buna with a comprehensive source of anti-money laundering data, helping the platform to screen millions of transactions every month. The Middle East and North ...