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Why continuous KYC is not enough for modern compliance teams
Financial institutions have spent decades building compliance programmes around a simple assumption: risk can be evaluated on a schedule.
According to Saifr, that approach once...
Bet365 forced into legal AML overhaul by AUSTRAC
Bet365 has entered a legally binding, court-enforceable undertaking with the Australian Transaction Reports and Analysis Centre (AUSTRAC), after the regulator identified serious weaknesses in...
Gold’s dirty money problem lands on banks’ desks
Two of the world's most influential crime-fighting bodies have reached the same conclusion within weeks of each other, and banks are the ones left...
Why one screening check leaves compliance teams exposed
Compliance teams often treat sanctions screening, PEP screening and adverse media screening as interchangeable checkboxes. They are not.
Each targets a different category of risk,...
Source of funds is now UK regulators’ top priority
Source of funds compliance has long been treated as a routine step within the broader anti-money laundering (AML) process, an operational box to tick...
Fraud tops FATF agenda as $500bn losses mount
Giles Thomson, the new president of the Financial Action Task Force (FATF), has unveiled a multi-year roadmap to confront what he described as a...
AI shifts compliance from checkbox work to judgment calls
Compliance analysts are meant to be investigating risk and stopping fraud, yet much of their day is consumed by chasing documents and verifying paperwork....
Why silence between fraud and AML teams is dangerous
Financial crime is growing more sophisticated, and compliance teams that still rely on disconnected fraud and AML systems risk falling behind both fraudsters and...
FinCEN’s NPRM signals a reward for collaborative AML tech
FinCEN and the federal banking agencies issued a notice of proposed rulemaking (NPRM) on 7 April 2026 to reform the Bank Secrecy Act's AML/CFT...
Financial crime risk assessments are failing on governance
Financial crime risk assessments look technical on the surface, but underneath they depend on something far less visible: governance. Building one properly draws in...
