Tag: AI in Compliance

In today's evolving regulatory environment, financial institutions are increasingly turning to technology to manage their regulatory lifecycles effectively. According to Ascent, automation is becoming...

In a move to modernize AML/CFT frameworks, the U.S. Department of the Treasury's FinCEN has unveiled a proposal under the Anti-Money Laundering Act of 2020.

The landscape of financial crime compliance is rapidly transforming. Amidst political upheavals and technological advancements, the cost of compliance has become an integral part...

In the dynamic realm of regulatory compliance, traditional surveillance techniques are no longer sufficient. As regulatory frameworks evolve, adopting cutting-edge technologies is crucial for firms aiming to stay ahead.

In the swiftly evolving world of compliance and business growth, navigating the intricacies of regulatory demands, venturing into new markets, and harnessing digital innovation are vital for success, according to Moody's.

On 14 March 2023, FullCircl led a significant assembly of the UK's premier financial crime and compliance authorities to impart crucial insights and strategies...

The significance of modern Anti-Money Laundering (AML) compliance cannot be overstated, especially in an era where digitalisation is a cornerstone of our daily interactions....

2023 was a pivotal year in digital communications governance. In the US, regulatory bodies imposed hundreds of millions in fines, extending their reach from banks to broker-dealers, investment advisers, and credit rating agencies. Similar actions were observed in the UK, with regulatory bodies sanctioning banks and fining firms for non-compliance in trading communications.

Ripjar, a prominent entity in identifying and combating malevolent and illicit activity, unveiled its 2023 State of Adverse Media Screening report which focuses on the utilisation of adverse media screening amongst compliance professionals.

MyComplianceOffice Inc (MCO), a distinguished conduct risk and compliance technology provider, is set to acquire Fairwords, an innovator in AI-powered electronic communications software.