Tag: CDD

Instarc, a RegTech firm based in Tallinn, has secured a €1.25m strategic investment to accelerate the commercial rollout of its cloud-native compliance platform for...

The EU's new Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA), passed by the European Parliament in 2024, is designed to...

CDD and EDD sit at the heart of every regulated firm's defences, yet the distinction between the two is often misunderstood. In short, CDD is...

NFC is best known for powering contactless payments, but its role in AML frameworks is becoming increasingly significant. As financial crime grows more sophisticated,...

Financial institutions know that regulators rarely judge an AML programme on policy documents alone. When examiners test whether controls work in practice, they often...

Building on this shift, SymphonyAI also points to a cultural change that must accompany technology modernisation. SymphonyAI, a provider of AI for financial crime prevention,...

KYC failure is becoming a persistent problem for financial services firms as fraud techniques grow more advanced and regulatory expectations tighten. In 2024 alone,...

Digital tools have become essential for combating financial crime across gatekeeper professions, with AML obligations growing more complex and far-reaching. Lawyers, accountants, real estate...

Gatekeeper professions – from law firms and accounting practices to estate agents and trust service providers – face increasingly difficult compliance terrain. As financial...

Malaysia’s financial institutions are entering a pivotal phase as regulators intensify their focus on anti-money laundering (AML) standards and financial crime threats become more...