Tag: Sanctions screening

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...

Financial crime has evolved faster in the last five years than in the previous two decades, yet many institutions are still assessing risk with...

KYC and AML compliance work absorbs enormous analyst time, yet most of that time isn't spent on genuine judgment calls. It's spent wrangling documents,...

For decades, financial institutions built their compliance programmes on one core assumption: risk could be assessed on a schedule. According to Saifr, customer due diligence...

Compliance teams often treat sanctions screening, PEP screening and adverse media screening as interchangeable checkboxes on an onboarding form. They are not. Each layer addresses...