Tag: Beneficial Ownership

The Bureau of Industry and Security (BIS) within the U.S. Department of Commerce has taken a major step towards tightening export control enforcement with...

When the FATF arrives in Canada later this year, the visit will serve as more than a routine policy check—it will act as a...

As global business transactions grow increasingly complex, the need for effective Know Your Business (KYB) workflows has never been greater. In 2024, the Federal Trade...

Terrorism financing remains a critical security threat, with fragile and conflict-affected states among the most at risk. Weak governance, porous borders, and limited enforcement...

Asset management firms worldwide are under growing pressure to ensure strict compliance with sanctions regulations or risk serious financial penalties and reputational harm. A...

As regulatory frameworks evolve, 2025 marks a pivotal year in global KYC compliance. Jurisdictions that once acted independently are now increasingly aligned in how...

Navigating regulatory compliance remains one of the most challenging tasks for businesses operating today, especially in the UK. Companies are under increasing pressure to...

The RBA to AML and CTF offers a strategic framework for gatekeeper professions such as lawyers, accountants, real estate agents, and TCSPs. This approach is...

On December 3, 2024, the enforcement of the CTA was halted by a nationwide preliminary injunction, casting doubt over its future implementation. According to Moody's,...

Today's corporate landscape is fraught with challenges stemming from fraud and money laundering, making it crucial for businesses to understand and verify who exactly...