Tag: governance

For many firms, the biggest threat in financial crime compliance is not a new typology or a sophisticated criminal network. It is a risk...

Financial crime risk assessments are frequently treated as technical exercises built on scoring models, control inventories, residual risk calculations and data analysis. Beneath that...

Regulatory fines tend to reduce complicated failures to a single figure. The penalty is announced, headlines follow, firms issue statements and attention soon drifts...

Ask three different people what a "compliance management system" is and expect three different answers, because the term genuinely carries three separate meanings, each...

Compliance teams are under growing pressure to file accurately and on time, even as data volumes climb and regulatory obligations spread across multiple jurisdictions....

MLROs are expected to protect their organisations from financial crime, meet regulatory demands, back business strategy and run credible governance. None of that is...

The pitch always sounds reasonable. Someone in IT suggests the business can build its own financial crime risk assessment tool rather than buy one,...

Artificial intelligence has sharpened financial crime detection, cut false positives and surfaced patterns invisible to traditional rules-based systems. Yet according to new analysis from Napier...

Governance, risk and compliance, better known as GRC, are three disciplines that have traditionally operated in isolation, despite serving the same underlying objective. Increasingly,...

The collapse of FTX in November 2022 did not happen because rules were missing. Disclosure requirements were in place. Regulators across several jurisdictions were...