Tag: AML

How the latest AML/CFT proposals will reshape investment advisory

The world of finance is on the brink of a significant transformation, especially for investment advisors in the United States. On February 15th, 2024, a pivotal announcement was made by the Financial Crimes Enforcement Network (FinCEN) that is set to redefine the landscape of anti-money laundering (AML) and counter-financing of terrorism (CFT) compliance.

Sumsub and Chainalysis join forces to revolutionise compliance and security

Sumsub, a global leader in full-cycle verification, has announced a strategic partnership with Chainalysis, the forefront of blockchain data analysis.

Greg Watson, CEO of Napier AI, outlines the company’s plans following...

Following the close of a £45m capital injection, London-based RegTech Napier AI has its eyes set on helping firms get ready for the future of compliance.

5 reasons why asset managers must embrace FCC automation

In an era where digital transformation is paramount, asset managers are recognising the indispensable role of automating Anti-Money Laundering (AML) processes.

Kicking out corruption: EU’s AML measures target soccer’s billions

The EU is stepping up its game against money laundering and CTF, extending its regulatory net to include the high-stakes world of professional soccer.

Navigating the AML compliance landscape for US investment advisors

In early February 2024, the US Treasury, under the guidance of Secretary Janet Yellen, announced its intention to strengthen the financial system's defenses against...

What it means for the UAE nearing the end of FATF...

In a significant development reported in October 2023, the United Arab Emirates (UAE) is on the cusp of being removed from the Financial Action Task Force's (FATF) "grey list."

How technology elevates investor experience and compliance

The asset servicing industry is currently navigating through turbulent waters, marked by escalating fee pressures, rapid technological advancements, stringent regulations, and a volatile macroeconomic climate.

The impact of global events on FinTech compliance and risk management

In the intricate world of FinTech, the geopolitical landscape plays a pivotal role in shaping compliance and regulatory frameworks. The aftermath of the Russian...

AML challenges and digital transformation: What 2024 holds for financial services

As we step into the second month of 2024, financial institutions (FIs) and regulated entities face a future that is anything but certain. Following...

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