Tag: Compliance

Ripping out and replacing anti-money laundering (AML) systems is no longer a practical option for most financial institutions. According to Consilient, deeply embedded legacy...

What does it take to build a compliance-first culture with RegTech? As regulatory pressures mount, RegTech is emerging as a key linchpin, bringing compliance...

Financial institutions need to have a strong culture of data governance and accountability that goes across the whole organisation, according to a panel at the Global RegTech Summit.

Rising economic uncertainty and market volatility, fuelled by global macroeconomic events such as shifting tariffs, are opening the door to greater financial crime activity. Written...

The Economic Crime and Corporate Transparency Act 2023 (ECCTA) is a landmark regulation designed to strengthen the UK’s fight against financial crime and improve...

While financial institutions race to adopt the latest anti-fraud tools, one truth is becoming undeniable: financial crime is no longer isolated. It is fast-moving,...

The UK FCA has unveiled a five-year strategy designed to crack down on market abuse, strengthen financial crime enforcement, and promote economic resilience. According to...

Since the Financial Conduct Authority (FCA) formally introduced Consumer Duty in July 2023, the regulation has significantly influenced how UK financial institutions approach customer outcomes.

In an increasingly complex global risk landscape, the quality and timeliness of screening data have become central to compliance strategies.

Effective onboarding has become a critical business function, serving not just as the first touchpoint for customers and vendors but as a reflection of a company’s values and operational maturity.