Anti-Money Laundering regulations have changed rapidly in recent years–from Switzerland to Singapore, from Brazil to Bahrain. Building on our whitepaper, ‘AML Compliance: A Global View’, we identify and summarise four major developments which are driving regulatory...
In the complex landscape of UK compliance, understanding Politically Exposed Persons (PEPs) is crucial. PEPs are individuals who are or have been entrusted with prominent public functions, and due to their position and influence, they are potentially higher risks...
In today's rapidly evolving business landscape, the importance of Know Your Customer (KYC) checks cannot be overstated. KYC checks are a critical component of compliance strategies, designed to verify the identity of clients and assess potential risks of illegal...
The concept of "Know Your Customer" or KYC , at its core, is a process used by businesses to verify the identity of their clients. It serves as a critical component in financial systems, ensuring that institutions are not inadvertently facilitating illegal activities...