Tag: AML Compliance

Most compliance programmes can answer the question "who owns this entity?" What they cannot reliably answer is whether a corporate structure has been deliberately...

The reinsurance markets in the Cayman Islands and Bermuda represent one of the offshore financial world's genuine success stories. Capital flows into these jurisdictions...

Synthetic identity fraud is fast becoming one of the most complex threats facing financial institutions and regulated businesses today. According to SmartSearch, unlike conventional fraud,...

An estimated $2tn is laundered through the global financial system every year — a staggering figure that represents far more than financial loss. The...

For businesses operating in heavily regulated sectors — whether payments, financial services, or gambling — keeping pace with regulatory change is one of the...

FactSet and ComplyAdvantage have formed a strategic partnership aimed at delivering an end-to-end workflow tailored specifically for relationship managers (RMs) in corporate banking. The collaboration...

In many large regulated organisations, friction can arise between the business, risk and compliance, and internal audit teams. These groups represent the widely recognised...

KYC remediation has become an increasingly important operational priority for banks as regulators intensify scrutiny of AML and KYC controls. At its core, remediation...

Anti-money laundering compliance has become an unavoidable reality for financial institutions operating in today’s heavily regulated environment. From FinTech start-ups to global banks, firms...

FinScan has partnered with Nexus AML to help regulated institutions scale data-first AML operations globally. The collaboration is aimed at tackling one of the most...