In this blog post, we’ll explore some of the recent regulatory developments that have impacted KYC checks and AML compliance, and share tips for staying up-to-date and adapting your KYC program accordingly. … Read More
Regulatory Compliance
The benefits of automated ID document verification for KYC compliance
ID verification is an essential part of the KYC (Know Your Customer) requirements. When overlooked, organisations can face increased exposure to risk, lower productivity, and slower time to revenue. Automated onboarding has continued to gain popularity over the past few … Read More
A complete guide to anti-money laundering (AML) regulations in the UK
This comprehensive guide provides an overview of key anti-money laundering regulations and how firms can achieve compliance to avoid fines and penalties. … Read More
The rise and fall of Silicon Valley Bank: key takeaways from its collapse
Silicon Valley Bank’s collapse highlights the importance of robust risk management, strategic planning, and compliance for FinTechs navigating high-risk sectors and supporting startups in volatile economic conditions. … Read More
The importance of ongoing monitoring in KYC compliance: tips for effective risk management
Know Your Customer (KYC) compliance programs are not one-hit processes, ongoing monitoring is key for effective risk management. … Read More
What information is needed for a KYB check?
In this article, we discuss the importance of KYB checks and take a look at the documents required for conducting a compliant check. … Read More
The future of compliance: a new era of digital AML
As part of our ‘State of Compliance’ research project, we collected data from interviews with almost 50 compliance professionals across more than a dozen industries to discover what the future of compliance looks like. … Read More
Potential obstacles and compliance challenges in 2023
As part of our ‘State of Compliance’ research project, we collected data from interviews with almost 50 compliance professionals across more than a dozen industries to find out the compliance challenges that teams are bracing for in 2023. The challenges … Read More
Emerging trends and priorities in compliance in 2023 and beyond
With 2023 expected to bring heightened economic, regulatory and social uncertainty, we uncovered the priorities in compliance for 2023. … Read More
Using an anti-money laundering solution to identify and prevent financial crime
Using an anti-money laundering solution has fast become a key part of the compliance professional’s toolkit when performing customer due diligence. … Read More