The Financial Action Task Force (FATF) concluded its sixth and final plenary under the presidency of T. Raja Kumar of Singapore on June 28, 2024. Delegates from over 200 jurisdictions and observers from international organizations gathered in Singapore for three […]
What financial crime trends will shape the next 12 months? How can firms prepare? And what do these developments mean for compliance teams and their strategies? Join us to find out.
Customer screening is the primary procedure businesses follow when conducting anti-money laundering and counter-terrorist financing (AML/CTF) activities. Because it’s such an important and frequent process, it significantly impacts a firm’s ability to operate efficiently and comply with global regulations. This […]
Ongoing monitoring is critical for financial institutions (FIs) to protect their businesses from criminals attempting to launder money or finance terrorist activity. It’s certainly an essential component in know your customer (KYC) and anti-money laundering (AML) regulations. But without an […]
Welcome to the era of artificial intelligence (AI) hype, where every company and its cat claims to be riding the wave of the latest AI and machine learning (ML) breakthroughs. One example of this in the anti-money laundering (AML) space […]
If you’ve found this article, the chances are you’re looking for: Anti-money laundering (AML) software that’s designed for banks. A way to quickly tell what differentiates leading solutions. How respected third parties assess top adverse media and AML vendors’ capabilities. […]
In 2023, the rising complexity of financial crime led regulators to increase the penalties imposed on financial institutions (FIs) for insufficient anti-money laundering (AML) controls. As a result, the top penalties for non-compliance almost doubled in value. In this article, […]
From managing PEPs to regulating AI, the State of Financial Crime 2024 is packed with insights from our annual survey of 600 senior financial crime decision makers.
Join industry experts and a law enforcement professional for an exclusive look into the latest developments in AML regulations, new AML typologies and trends. They will share proactive risk management strategies to help compliance leaders navigate the financial crime landscape.
Read our guide to discover how organisations are planning to invest in technology in the future – and where they still rely on human expertise to improve their compliance programs.
Over the last decade, the rapid rise of new digitally-based insurtech firms has disrupted an industry long dominated by a select group of incumbent providers.
Ambiguity around insurtech’s anti-money laundering (AML) and fraud obligations – alongside inconsistent enforcement – has added further complexity.
Although insurtechs bring innovation, efficiency, and convenience to the insurance market, they are not exempt from the critical need to address financial crime risks and regulatory requirements. Customers expect an efficient, automated experience from online-first organizations like insurtechs, which means […]
EN
FR