Tag: Compliance

In financial crime compliance, regulators have set expectations for financial institutions to conduct thorough assessments of name screening alerts.

Moody’s has launched a new sanctioned securities screening capability aimed at enhancing investment decision-making workflows for asset managers.

The SEC and CFTC have charged multiple Wall Street firms with widespread recordkeeping failures, imposing staggering penalties exceeding $2.5bn.

The Integrated Reporting Framework (IReF), an initiative by the ECB, aims to streamline banks’ statistical reporting processes across the Eurozone.

The financial services industry is undergoing a transformation driven by artificial intelligence (AI) technologies, particularly machine learning (ML). These advancements are significantly enhancing anti-money laundering (AML), counter-financing of terrorism (CFT), and sanctions screening as part of customer lifecycle management (CLM).

FileCloud, a leader in content governance and collaboration for unstructured data, has announced the acquisition of Signority, a Canadian-based e-Signature and document workflow platform.

The strategic choice of the right technology platform is pivotal for firms aiming to enhance business focus, increase value, and solidify compliance as an integral part of their operations. However, the decision-making process to select an appropriate compliance solution is fraught with challenges. These include the risk of overspending, choosing software that fails to address both current and future needs, or enduring a difficult implementation phase.

The future of anti-money laundering (AML) controls in the payments industry is increasingly being shaped by machine learning technology. Paysafe’s Giacomo Austin recently spoke...

Know Your Business (KYB) and Anti-Money Laundering (AML) are critical parts of the compliance ecosystem, but how aligned are they? FullCircl, a SaaS platform renowned for eliminating regulatory and verification hurdles, recently delved into the role of KYB in the AML process. 

In the age of digital transformation, ensuring data privacy and security is a critical concern for organisations globally. With cloud-based platforms like Salesforce becoming integral to business operations, robust solutions to protect sensitive information are essential.