5th MLD

aml and brexit

Will Anti-Money Laundering Compliance Still Apply After Brexit?

On the 31st December 2020, the UK will no longer be a part of the European Union, with or without a trade deal agreement in place. Whilst we anticipate that Brexit will affect regulatory compliance for many sectors, the full extent of the impact is somewhat unclear until negotiations have been finalised. In this article, we discuss the potential influence of Brexit on AML compliance and the 5th and 6th Money Laundering Directive. … Read More

5th mld and ubo

How the 5th MLD has affected beneficial owners and Companies House discrepancies reporting

Since the 5th Anti-Money Laundering Directive (5th MLD) came into force on the 10th January this year, there has been some confusion around reporting information to Companies House. Vanessa Richard explains it further. … Read More

FATF consultation on global standards for digital identity

FATF consultation on global standards for digital identity

Advice and recommendations from Vanessa Richards, Chief Product Officer at NorthRow on the new FAFT guidance for the use of digital identity to help your organisation accelerate your client onboarding processes. … Read More

Remote Verification: How Property Firms Can Protect Themselves & Thrive

Remote Verification: How Property Firms Can Protect Themselves & Thrive

Since the 5th Anti-Money Laundering Directive (5th MLD) came into force on the 10th January this year, there has been some confusion around reporting information to Companies House. Vanessa Richard explains it in the latest blog. Learn more. … Read More

Remote Verification: How Regulated Firms Can Protect Themselves & Thrive

In a digital world, your clients expect to be able to sign up instantly, anywhere at any time, in any case, so not being able to meet face-to-face shouldn’t be an issue. Regulated firms, who generally rely on face-to-face meetings, are facing a particularly tough time … Read More

compliance rends

Top Compliance Trends You Need to Know for 2020

2020 Compliance trends and predictions from Vanessa Richards, Chief Product Officer of NorthRow, an established RegTech SaaS provider in the UK.  In 2020 we will see an ever-increasing focus on proactively preventing money laundering and financial crime, rather than compliance being a simple ‘tick-the-box’ exercise. Regulators will be progressively looking at outcomes rather than processes. … Read More

State of compliance trends report: download here

Discover the latest insights and predictions to help your business effectively plan for the future while successfully addressing current compliance priorities and challenges.