Cryptocurrencies have become increasingly popular in the UK, with more people and businesses investing in digital assets. However, with the growth of the cryptocurrency market comes the risk of money laundering, terrorist financing, and other illicit activities. The risk and … Read More
AML Compliance
The FATF’s grey and blacklists: what are they and how do they impact compliance?
The FATF black and grey lists identifies countries with AML/CFT deficiencies. We look at each list in detail and their impact on compliance. … Read More
What is Money Laundering?
How to define money laundering? Money laundering is the illegal process of making large amounts of money generated by criminal activity, such as terrorist funding or drug trafficking, appear to have come from a legitimate source. This ill-gotten money is … Read More
Money Laundering and Compliance in the WealthTech Industry
Wealth Technology or WealthTech is a subset of FinTech that focuses primarily on wealth management. We review the Money Laundering and Compliance in the WealthTech industry and how NorthRow can help. … Read More
Helping A Leading Estate Agent ensure AML & Right to Rent Compliance
Estate and lettings agents are under increasing pressure to implement risk mitigation strategies to ensure they are compliant with AML and Right to Rent regulations. NorthRow offers leading estate agents in the UK the ability to leverage cutting- edge technology to automate AML, KYC and IDV checks, streamlining the client onboarding journey. Learn more.
What Are the 7 Biggest Mistakes Firms Are Making When it Comes to PEPs & Sanctions?
There is still a great deal of confusion surrounding the client due diligence process.One area that causes the greatest confusion relates to the 4MLD approach to Politically Exposed Persons (PEPs) and Sanctions checks on individuals and entities. The following represent 7 main misconceptions relating to PEPS and Sanctions Compliance. … Read More