Tag: Beneficial Ownership

Early signals from compliance teams suggest that sanctions screening is entering a decisive phase, shaped by geopolitical instability, expanding watchlists, and a clear regulatory...

Sanctions screening has become a crucial line of defence in the fight against financial crime, helping to prevent professional and financial services from being...

Identifying UBOs remains one of the most complex challenges in CDD. These individuals, who ultimately control or benefit from a legal entity, must be...

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...