Tag: Politically Exposed Persons

A politically exposed persons (PEP) check ranks among the most consequential elements of any AML compliance programme. Institutions that get it right identify elevated...

CDD is the standard set of checks a regulated firm carries out on every customer, designed to verify identity and gauge the level of...

Politically exposed persons (PEPs) occupy a unique position within AML frameworks. Because they hold roles of public prominence — from members of parliament and...

In financial services, few issues carry as much weight—or as much scrutiny—as anti-money laundering (AML) compliance. The risks of getting it wrong are considerable, from...

LSEG Risk Intelligence has launched World-Check On Demand, a new platform designed to deliver real-time compliance and risk data.

Compliance remains one of the most pressing challenges for businesses in the financial services industry. Striking the right balance between customer safety and seamless...

AI is rapidly reshaping how financial institutions approach financial crime compliance, with intelligent automation delivering faster, more accurate results. According to WorkFusion, it has emerged...

Navigating regulatory compliance remains one of the most challenging tasks for businesses operating today, especially in the UK. Companies are under increasing pressure to...

Fincom, a RegTech company specialising in anti-money laundering (AML) compliance, has completed its Series B funding round, marking a significant step in its international expansion plans.

In July 2024, the FCA initiated a crucial dialogue within the financial sector by opening a consultation aimed at refining the treatment of PEPs.