We took a look at the regulatory challenges faced by Al Fardan Exchange, their compliance processes, and how PurpleTRAC is used by their compliance teams to aid their decision-making processes.
Al Fardan Exchange has recognised that the organisation’s growth depends on its ability to embrace the latest technologies and comply with local and international AML regulations. By incorporating PurpleTRAC into its internal control system, Al Fardan Exchange has enabled the conduction of enhanced due diligence on corporate client’s shipments, sanctions checks on vessels and ports, and the management of financial, regulatory, and reputational risk.