Companies

In today’s fast-moving financial sector, organisations are under constant pressure to adapt to evolving technologies, rising transaction volumes, and tightening regulatory demands. For compliance teams, staying ahead means embracing tools that offer speed, scalability and security. One such tool—containerisation—is rapidly shifting from a “nice-to-have” to a necessity.

When criminal organisations generate illegal profits, they must clean or ‘launder’ the money before it can be safely used in the legitimate economy. This is typically done through a carefully structured three-stage process. Understanding these stages is vital for businesses implementing anti-money laundering (AML) strategies, as it can help identify potential criminal activity.

ACA Group, a leading GRC advisor in financial services, has acquired Global Trading Analytics, an independent provider of TCA services, in a move to bolster its regulatory technology capabilities and enhance compliance support for clients.

The ACMF has unveiled a new simplified guide designed to help SMES across Southeast Asia improve how they report ESG practices to their stakeholders.

The Hong Kong Monetary Authority (HKMA), the Hong Kong Police Force (HKPF) and The Hong Kong Association of Banks (HKAB) have unveiled a raft...

In today’s interconnected trade environment, tariffs have moved beyond mere instruments of policy negotiation to become disruptive forces capable of destabilising global business operations.

Block, the financial services firm behind the popular peer-to-peer payments platform Cash App, has been fined $40m by the New York State DFS for significant AML and virtual currency compliance failures.

KYC Portal has launched KYCP as a Managed Service, a new offering aimed at helping organisations reduce the costs and complexity of managing compliance processes.

Money laundering remains a significant threat to financial systems worldwide, not only as a crime in itself but also as a key enabler of serious criminal activities such as drug trafficking, human smuggling, and terrorism. Consequently, it is critical for all businesses handling substantial sums of money to implement robust AML procedures.

Businesses and technology firms across the UK are losing an average of £70m each year due to inefficiencies and disruption within the money lifecycle, according to new research by global FinTech leader FIS, in partnership with Oxford Economics.