Companies

Know your customer (KYC) processes have been the lifeblood for compliance teams fighting fraud. However, are they still enough? Kristoff Zammit Ciantar - founder and CEO of KYC Portal, believes its days could be numbered.

MCO (MyComplianceOffice), a global conduct risk and compliance provider, has launched its new governance and oversight tool, Know Your Risk (KYR).

Earlier this year, the Financial Action Task Force adopted amendments to Recommendation 24 – one of its 40 recommendations that govern global AML policy – making changes to Ultimate Beneficial Ownership. How will this impact your company?

Five Canadian banks are joining forces with CanDeal, a market and infrastructure services provider, to set up a centralised KYC offering for the capital markets industry.

The Financial Conduct Authority (FCA) has fined Ghana International Bank £5,829,900 for poor AML and CTF controls over its correspondent banking activities.  

The European Securities and Markets Authority (ESMA) has published a letter to the European Commission around the findings of a call for evidence on ESG ratings.

It was 23 years ago that US President Bill Clinton first described June as Pride month. Since then, the mainstream acceptance towards the LGTBQ+ community has increased considerably. Despite the improvements, there are still reported experiences of discrimination in the workplace. Does this call for increased regulation?

The US House of Representatives has passed a new cybersecurity bill to help strengthen the US’s cybersecurity protections.

CyberTech firm Cerby has emerged from stealth with $12m in seed funding as well as the launch of a security platform for unmanageable applications.

Last week, the US Supreme Court overturned Roe v Wade, ending 50 years of the ability for women to get an abortion as a constitutional right. This is now leading to increased calls for increased online privacy, claims Cyberscoop.