Tag: Sanctions screening

For financial institutions, the biggest sanctions risk may not be the names already on official lists, but the ones that have not been added...

Financial institutions racing to embed AI into their compliance operations face a stubborn problem: the technology does not always give the same answer twice....

Anti-money laundering (AML) teams are under growing pressure to process more alerts and investigations without proportionally increasing headcount. Automation can help relieve that burden,...

Anti-money laundering compliance at law firms can easily become a routine of completed forms. The client is identified, sanctions and PEP screening is done...

Every know-your-business (KYB) vendor's homepage promises "end-to-end" coverage, but the phrase does different work depending on who is using it. For some, it means...

A customer can clear sanctions and politically exposed person (PEP) checks while still presenting risks that structured screening does not identify. A company director...

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...