AML compliance Reports Customer Screening: Maximizing Effectiveness and Efficiency Report Customer Screening: Maximizing Effectiveness and Efficiency A Balancing Act If companies aren’t strategic in their approach to customer screening and monitoring, they risk being overwhelmed with alerts. Those companies face high operational costs, a nearly-impossible-to-clear backlog of alerts, longer remediation… 1 minute read
Regulation Reports A Guide to the 6th Anti-Money Laundering Directive A Guide to the 6th Anti-Money Laundering Directive Since 1991, the EU’s strategy for tackling money laundering has centered on the transposition of a succession of Anti-Money Laundering Directives into the national laws of the member states. 5AMLD extended existing AML… 1 minute read
KYC/KYB Reports A Guide to KYC Solution Providers - Celent 2020 A Guide to KYC Solution Providers Celent 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… 2 minute read
Financial crime Reports Anti-Money Laundering in Canada 2020 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… 11 minute read
PEPs Reports The Challenges of Politically Exposed Persons (PEPs) 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… 1 minute read
Adverse media Reports The problem with keywords in adverse media Keywords in adverse media are simple, but they just don’t work very well. Adverse media (AKA “negative news” or sometimes “special interest persons”) is a growing concern for financial institutions. The ability to pre-empt financial crime based on relevant information… 13 minute read
Financial crime Reports 2020 Global Compliance Report 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… 1 minute read
