Tag: economic crime

Behind the badge is the latest episode in RelyComply’s Laundered series, featuring a former City of London Police detective sharing what it really looks...

Financial crime has become a defining threat for the UK’s financial ecosystem, creating an environment where banks, FinTech firms, government bodies and everyday consumers...

The City of London Police has launched a new national service aimed at changing how victims and businesses across England, Wales and Northern Ireland...

Economic crime has emerged as a major global threat, fuelled by rapid technological developments that have made financial crimes more sophisticated and harder to...

A pioneering initiative by the UK's CFIT is set to transform the business landscape with the introduction of a digital company ID.

In October 2023, the UK implemented the Economic Crime and Corporate Transparency Act (ECCTA), setting stringent identity verification (IDV) mandates for shareholders, directors, and persons of significant control (PSCs). This legislation, crafted to enhance the integrity of company data at Companies House, represents a significant pivot towards more rigorous corporate governance.

The UK has recently taken a step in combatting economic crime with the enactment of the Economic Crime and Corporate Transparency bill.

When it comes to navigating the challenges of economic crime, establishing a threat matrix can be a key way to steady the ship.