With the evolving landscape of financial crimes, compliance professionals play a pivotal role in ensuring that their organisations adhere to essential AML requirements detailed in legislation such as The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR 2017). … Read More
AML
Looking ahead to 2024 in AML compliance
AML compliance in 2024 will emphasise AI, stricter enforcement, cybersecurity, enhanced CDD, and adapting to blockchain challenges, balancing innovation with robust regulatory adherence. … Read More
Year in review: our most popular compliance articles from 2023
A deep-dive into our archive to see which topics the compliance profession found the most valuable in the last 12 months. … Read More
The role of AML checks for solicitors
Solicitors are key to combatting financial crime, conducting AML checks including due diligence, sanctions, and PEP screening. Robust compliance safeguards legal integrity, deterring illicit financial activity and ensuring trust. … Read More
Future-proofing your AML strategy: key considerations for regulated firms
AML compliance strategies must evolve with changing regulations and emerging risks. Integrating technology, improving data quality, and strengthening customer due diligence are key to maintaining effective, future-proof compliance. … Read More
How often should you conduct a KYC data review?
The frequency of conducting a Know Your Customer (KYC) data review depends on various factors, including regulatory requirements, the nature of the business relationship, and the risk associated with the customer. KYC is a critical component of anti-money laundering (AML) … Read More
Beyond compliance: how CFOs can leverage AML compliance data for strategic growth
Anti-Money Laundering (AML) compliance is a critical aspect of financial operations for any business. It involves implementing policies and procedures to detect and prevent money laundering and other illicit activities. While compliance is the primary goal, CFOs can leverage AML … Read More
6 AML metrics every CFO should be tracking
CFOs play a crucial role in AML compliance by tracking metrics like customer satisfaction, abandonment rates, time-to-revenue, regulatory adherence, and non-compliance costs, ensuring legal compliance and financial stability. … Read More
The ultimate guide to buying AML compliance software
A comprehensive guide to help you choose the right AML compliance software partner for your business.
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Blending customer experience and compliance: How software is reshaping AML challenges for fintechs
Blending customer experience and compliance is a crucial task for fintech companies, especially when it comes to Anti-Money Laundering (AML) challenges. AML regulations are in place to prevent and detect activities related to money laundering and terrorist financing, but they … Read More