WNS Associate Lead Interview Questions, Process, and Tips

Sanctions are penalties or restrictions imposed on a country or individual to enforce international law or policy.

• Sanctions can include trade restrictions, financial penalties, travel bans, and arms embargoes.

• They are often used as a diplomatic tool to pressure a country to change its behavior.

• Examples of sanctions include the United States' sanctions on Iran for its nuclear program and the United Nations' sanctions on...read more

Money laundering is the process of making illegally obtained money appear legal, while terrorist financing is the act of providing funds or resources to support terrorist activities.

• Money laundering involves disguising the source of illegally obtained funds through a series of transactions to make it appear legitimate.

• Terrorist financing involves providing financial support to individuals or groups involved in terroris...read more

Transaction monitoring process involves tracking and analyzing financial transactions to detect suspicious activities.

• It involves setting up rules and thresholds to identify unusual transactions

• It requires continuous monitoring of transactions to detect any anomalies

• It involves investigating and reporting any suspicious activities to regulatory authorities

• Examples include monitoring for money laundering, fraud, and ter