Tag: AML compliance

The regulatory journey of beneficial ownership information (BOI) reporting has been anything but straightforward. According to Alessa, since the Corporate Transparency Act (CTA) took...

KYCP has rolled out a significant update to how its system handles the deletion of records, introducing a recycle bin function that gives compliance...

As the 2026 FIFA World Cup draws closer, financial institutions face a warning that goes well beyond stadium security. According to Alessa, the US Treasury's...

A striking statistic sits at the heart of the UK's current compliance landscape: 87% of businesses say they would cut ties with a partner...

The UK property market has long been an attractive target for financial crime, and the compliance burden on estate agents has never been greater. According...

Politically exposed persons (PEPs) occupy a unique position within AML frameworks. Because they hold roles of public prominence — from members of parliament and...

Fraud is evolving. Unlike traditional identity theft — where criminals hijack a real person's credentials — synthetic identity fraud takes a more insidious approach,...

An estimated $2 trillion is laundered through the global financial system every year — a figure that represents far more than financial loss. According to...

For compliance professionals working in payments, financial services or gambling, keeping pace with regulatory change is one of the most resource-intensive challenges of the...

FactSet and ComplyAdvantage have announced a strategic partnership aimed at transforming workflows for relationship managers (RMs) within tier-1 corporate banks. The collaboration is designed to...