Financial crime is rife. As dishonest individuals, or bad actors as we know them, develop new ways of committing economically-motivated transgressions, businesses have to ensure they keep pace in fighting their crimes. Know Your Customer (KYC) and Know Your Business … Read More
Author Archives: Natalie Davies
What is Money Laundering?
Money laundering involves disguising illicit funds to appear legitimate. The process has three stages: placement, layering, and integration. Anti-money laundering (AML) regulations help businesses detect and prevent such activities. … Read More
What is Know Your Business (KYB) and Why Does it Matter?
Know Your Business is the mandatory method by which banks and financial institutions get to know their customers’ businesses to ensure everything is above board in order to minimise the risk of financial crime, money laundering or other fraudulent activity … Read More
PEPs & sanctions monitoring brochure
NorthRow’s PEPs & sanctions monitoring provides outstanding efficiency and delivers regulatory compliance. … Read More
Amber Management to Safeguard Compliance Risk
Regulated businesses have always found it difficult to recognise, monitor and report on the number of Ambers. … Read More