Financial crime is constantly evolving, presenting new and increasingly complex challenges for compliance and counter-fraud professionals. In order to navigate these challenges, it is important to understand the various types of financial crime, the risks they pose and strategies to … Read More
Regulatory Compliance
What is fraud prevention and why is it important?
In today’s fast-paced and interconnected financial landscape, the risk of fraud looms large over businesses, threatening their integrity, financial stability, and reputation. For compliance professionals in regulated firms across the UK, the battle against fraud is an ongoing challenge that … Read More
The EU’s Anti-Money Laundering Authority (AMLA) – what is it and what could it mean for AML compliance?
In a bid to strengthen its defences against financial crime, the European Union has taken a significant stride with the establishment of the Anti-Money Laundering and Countering the Financing of Terrorism Authority or AMLA. As the “central authority coordinating national … Read More
The role of tech in improving AML processes: overcoming 5 key challenges
At a time when AML regulations are evolving on a near weekly basis, the importance of ensuring complete compliance with this legislation remains paramount for regulated firms in the UK. While manual compliance processes have been the norm for many … Read More
The three biggest challenges facing AML compliance teams in 2024
Amid increasing pressure from the regulators and ever-evolving legislation, modern financial institutions and regulated firms have bigger obligations than ever to ensure compliance and combat financial crime. We embarked on a comprehensive research journey towards the end of 2023 to … Read More
How RegTech enhances AML search efficiency
In the ever-evolving landscape of financial regulations, Anti-Money Laundering (AML) compliance stands as a critical pillar for financial institutions worldwide. As the volume and complexity of financial transactions continue to grow, so does the need for efficient and effective AML … Read More
Essential AML requirements for regulated firms in the UK
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 … Read More
Looking ahead to 2024 in AML compliance
As we prepare to head into a new year, the landscape of Anti-Money Laundering (AML) compliance continues to evolve, shaped by technological advancements, regulatory changes, and shifting global dynamics. In this blog post, we’ll delve into the key trends and … 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
Find out more about the role of AML checks for solicitors so you can stay informed and secure with our in-depth blog for legal professionals. … Read More