Tag: FATF

The United Kingdom, home of the global RegTech and financial crime compliance industry's key policymakers, has assumed the Presidency of the Financial Action Task...

For regulated financial services firms, enhanced due diligence is no longer a box-ticking exercise. It is a core operational challenge that demands the right...

A 1993 New Yorker cartoon showed one dog telling another, "On the Internet, nobody knows you're a dog." The joke has held up rather...

Picture the scene: a financial institution is onboarding a new corporate client with operations spanning the UAE, the UK, and the EU. Before any...

As regulatory expectations evolve, compliance assessment is moving beyond documentation alone. Increasingly, organisations are expected to demonstrate not just that controls exist, but that...

The Abu Dhabi Global Market's Financial Services Regulatory Authority (FSRA), the financial watchdog overseeing one of the UAE's leading international financial centres, has completed...

Anti-money laundering regulation is in the midst of a fundamental transformation. Across jurisdictions, regulators are shifting away from simply assessing whether institutions have the...

Know Your Business (KYB) has become a cornerstone of modern compliance frameworks, requiring companies to verify that their business clients are legitimate, properly registered,...

Financial institutions are sitting on a mounting compliance problem. Across the sector, customer files are frequently inaccurate, out of date, and riddled with gaps...

AML professionals spend their careers following financial signals — alerts, suspicious activity reports (SARs), transaction patterns. But how often do those professionals pause to...