In the regulated investment management industry in the UK, anti-money laundering (AML) compliance is not merely a legal obligation but a strategic opportunity to improve customer experience and boost efficiency. And yet, compliance teams within these firms face a daunting … Read More
Author Archives: Natalie Davies
What is the significance of risk appetite in a risk-based approach?
As the ongoing battle to combat soaring levels of financial crime in the wider financial ecosystem continues to wage, it is important for firms to ensure appropriate levels of due diligence are applied during the client onboarding process, especially when … Read More
Making better, faster KYB compliance decisions in the legal sector
For regulated legal firms in the UK, ensuring robust Know Your Business (KYB) compliance is paramount. The regulatory landscape is increasingly complex, with stringent requirements designed to prevent fraud, money laundering, and other financial crimes and, as a result, compliance … Read More
Overcoming the challenges of fragmented KYB
Mounting regulatory pressure and heightened customer expectations are prompting firms to turn to KYB tools in pursuit of seamless onboarding and robust AML compliance. However, the multi-phased nature of KYB has, in some cases, encouraged a piecemeal approach to process … Read More
6 time-saving tips for KYB compliance in legal firms
Know Your Business (KYB) compliance is essential for legal firms operating in the UK, but the burden of ensuring thorough due diligence while maintaining efficiency can be significant. To help navigate these challenges, here are 6 handy time-saving tips for … Read More
Increasing time to value from your KYB software provider to achieve your growth plans
In the regulated lending sector, the pressure to meet compliance standards while driving business growth is significant. Know Your Business (KYB) processes are essential, ensuring that your firm understands the entities it is dealing with, that you adhere to regulatory … Read More
Global KYB compliance at a glance: Streamlining your due diligence process
In the highly regulated lending industry, compliance with Know Your Business (KYB) requirements is both a legal necessity and a strategic imperative. For senior compliance professionals in regulated lending firms, the challenge lies in balancing stringent regulatory requirements with an … Read More
How to unravel complex corporate structures and unveil the truth behind international entities
In the highly regulated UK lending industry, the ability to understand and unravel complex corporate structures is crucial. Compliance teams are often tasked with the monumental job of ensuring that they fully understand the ownership and control structure of their … Read More
How single-solution KYB can simplify compliance and enhance efficiency in payments firms
As money laundering and fraud threats continue to evolve, regulated payments firms in the UK face growing pressure to enhance their compliance frameworks. This is particularly pertinent for risk and compliance leaders who are at the frontline of ensuring their … Read More
How to navigate KYB challenges in payments firms from the C-Suite
Navigating the complexities of Know Your Business (KYB) regulations is one of the most critical tasks for C-suite executives in regulated payments firms. As the regulatory landscape evolves, executives must stay ahead of compliance requirements while fostering a business environment … Read More