Tag: audit

It is a familiar boardroom moment. A compliance team flags the need to modernise its financial crime risk assessment process, and someone from IT...

Financial crime risk assessments only work when governance holds everything together. These assessments pull input from business units, risk and compliance teams, technology functions,...

There comes a point in every MLRO's tenure when it becomes impossible to ignore that the organisation has outgrown its manual, Excel-based financial crime...

On paper, most financial institutions appear well defended. Policies are documented, procedures mapped, systems described as resilient, staff trained and audits scheduled. The result...

Most financial crime failures are not born of dramatic collapse or blatant negligence. Instead, they build slowly through hundreds of minor decisions, ignored warning...

Compliance teams are drowning under an unprecedented tide of regulatory change, and the firms still relying on manual processes are carrying risk that compounds...

Money laundering reporting officers seldom need convincing of the merits of a specialised financial crime risk assessment platform. A short demonstration is usually enough...

KPMG LLP, a leading audit, tax and advisory firm, has announced a minority investment in Fieldguide, a company specialising in agentic AI for professional services.

With the looming deadlines for European Sustainability Reporting Standards (ESRS), it's crucial for sustainability leaders to manage their ESG data meticulously to avoid delays...

In a recent post by Diligent, the company outlined the seven-step process to master the implementation of control and ensure security.