Bad culture is quietly turning AML controls into theatre
Financial institutions are pouring money into sophisticated monitoring tools. According to Vinay Vyas, the real threat to compliance lies elsewhere: in a culture that...
Why 39% of law firm AML risk assessments fall short
For many law firms, anti-money laundering (AML) compliance has become a routine exercise. The client is identified, sanctions and PEP screening is carried out,...
Why “end-to-end” KYB rarely means what vendors claim
Every KYB vendor's homepage promises "end-to-end" coverage, but the phrase is doing very different work depending on who is using it. For some, it...
Why sanctions screening can miss hidden AML risk
Financial institutions have access to increasingly sophisticated sanctions and politically exposed person (PEP) screening tools, but these checks cannot capture every development that could...
How film finance can expose money laundering risks
The complexity of film financing is creating additional challenges for financial crime teams as money moves through special purpose vehicles (SPVs), cross-border deals and...
Why your KYC checks are failing against AI-generated fraud
Generative AI has rewritten the rules of digital identity fraud, and KYC teams are scrambling to keep pace. Attackers are no longer relying solely...
AML screening gets an early-warning upgrade
Financial crime signals rarely announce themselves. Long before a customer, counterparty, or supplier lands on a formal sanctions list, warning signs may already be...
US scraps ownership reporting rule, but KYB duties remain
Know Your Business (KYB) verification has moved from a compliance checkbox to a frontline defence against shell companies, sanctioned entities and fraud, and 2026...
Why adverse media screening remains AML’s wasted asset
Adverse media screening is treated by most financial institutions as a box-ticking obligation rather than a genuine line of defence, and that mindset is...
Are AML and KYC creating blind spots for banks?
Financial crime is becoming faster, more connected and increasingly difficult to detect through isolated compliance checks. As financial institutions add more AML, KYC, fraud...
