State of Financial Crime 2023 Report

Reports

A Guide to KYC Solution ProvidersCelent 2020 – Analyst Report Know Your Customer (KYC) compliance is attracting increasing scrutiny from regulators, making it one of the most complex and fast-growing fields in the AML compliance value chain. This report profiles […]

Canada has a history of underperformance with respect to following Anti-Money Laundering (AML) and Anti-Terrorist Financing (ATF) best practices, but the country has consistently improved to close the gap. Based on the findings of FATF’s most recent mutual evaluation, it […]

The Challenges of Politically Exposed Persons (PEPs) A Guide to PEPs FATF explicitly emphasizes that its politically exposed persons (PEPs) requirements should not be interpreted in any way as an effort aimed at stigmatizing PEPs. Given the tens of thousands […]

Keywords in adverse media

The Problem with Keywords in Adverse Media and Negative News 1. The Problem with Keywords 2. Why Keywords Came About 3. The Keyword Approach 4. An Alternative Enabled by Machine Learning 5. How Do We Do It? 6. Conclusion The […]

Politically Exposed Persons PEP Screening Requirements

When individuals are elected to prominent political positions or assigned high-profile public roles, they should be categorized as politically exposed persons (PEPs) to reflect their increased risk of involvement in money laundering or terrorism financing. Global financial authorities require banking […]

Technology, regulation and the future of financial crimeIn our annual industry report here at ComplyAdvantage, we explore how technology and politics are set to shape financial crime compliance. We identify key AML Compliance trends and issues you need to watch out for in 2020.