Tag: Sanctions screening

Casino compliance teams working in anti-money laundering (AML) hardly need reminding that failures in this area can prove costly. The Venetian's recent $7.2m settlement,...

Financial crime does not wait to be listed. Money laundering, corruption, human trafficking and fraud can attach themselves to a customer, supplier or counterparty...

Know Your Business (KYB) is the process of confirming that a company is legally registered, genuinely exists, and is controlled by people who are...

Regulated firms are being forced to treat adverse media screening as a frontline compliance control rather than a secondary check, as a wave of...

Adverse media screening is too often treated as a box-ticking obligation rather than a genuine early-warning system, and that mindset is leaving financial institutions...

Financial crime is becoming faster, more connected and increasingly difficult to detect through isolated compliance checks. As financial institutions add more AML, KYC, fraud...

The UK's Office of Trade Sanctions Implementation (OTSI) has published its first annual review, giving compliance teams a clearer indication of how the country's...

Politically Exposed Person (PEP) screening is the process compliance teams use to determine whether a customer, counterparty or beneficial owner holds a public position...

Static, rule-based fraud detection is becoming a liability for growing FinTechs, flagging legitimate customers as often as it catches genuine criminals. According to SmartSearch,...

AI agents have moved from conference buzzword to boardroom priority, but for financial crime compliance (FCC) leaders, turning that interest into measurable results remains...