Tag: sanctions screening

The Financial Conduct Authority (FCA) has placed anti-money laundering (AML) failures under sharp scrutiny in its five-year strategy for 2025–2030, signalling that financial crime...

The UK’s anti-money laundering (AML) framework places a clear responsibility on businesses to identify and report suspicious financial activity. To support this, companies in...

Bank Negara Malaysia (BNM) is introducing a comprehensive overhaul of anti-money laundering and counter-financing of terrorism (AML/CFT) requirements for e-money issuers under its 2025...

Accurately identifying individuals is at the heart of every robust KYC (Know Your Customer) and KYB (Know Your Business) programme. For firms operating in...

WorkFusion’s AI Agents are redefining how financial institutions approach complex compliance and operational processes. According to Workfusion, with a decade of innovation in artificial...

SymphonyAI has introduced the Sensa Investigation Hub, a centralised platform designed to transform how financial institutions manage AML and compliance workflows. With built-in AI...

Asset management firms face increasing scrutiny when it comes to complying with global sanctions regulations. Failing to meet these obligations can result in severe...

The insurance industry is no longer seen as a passive player in the fight against financial crime. As regulatory scrutiny intensifies and criminal typologies...

Financial institutions have spent years enhancing compliance and customer experience through KYC (Know Your Customer) improvements, using technology and automation to achieve straight-through processing...

Between $800bn and $2tn is laundered globally each year, underscoring why transaction screening and monitoring are not merely compliance checkboxes but critical lines of...