Tag: Sanctions screening

The rules governing beneficial ownership information reporting have undergone a dramatic transformation since the Corporate Transparency Act (CTA) came into force — and compliance...

The compliance profession has a productivity crisis hiding in plain sight. Financial institutions and regulated businesses together spend more than $300bn annually on compliance,...

A question that compliance professionals rarely ask aloud — but probably should — is how many of their high-risk clients are actually high risk. According...

AML screening is far from the exclusive domain of large financial institutions. Regulatory obligations stretch across a surprisingly broad range of industries, and the...

FinScan has announced that its payments platform now covers stablecoin transactions and digital wallet screening for global compliance purposes. The update to FinScan Payments extends...

Financial crime compliance has been fundamentally reshaped by converging pressures: mounting regulatory complexity, intensifying enforcement, and increasingly sophisticated criminal activity. Legacy approaches are buckling under...

For many Electronic Money Institutions (EMIs), the following scenario will ring uncomfortably true: a screening tool flags a customer; moments later, the monitoring engine...

A major US financial institution has dramatically reduced the burden of sanctions compliance after deploying AI-powered agents from SymphonyAI, achieving a 90% reduction in...

Eight in ten UK businesses would walk away from a partner following a single compliance breach — not scale back the relationship, not increase...

The UK property market remains one of the most attractive targets for financial crime, and compliance is no longer an optional extra for estate...