Tag: Sanctions screening

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...

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...