Blogs
Beneficial Ownership: Compliance vs Business
Beneficial ownershiprecently came to the fore once again with two high profile leaks – mostly recently the Bahamas leaks which saw the exposé of the names of directors and shareholders of nearly 176,000 shell companies trusts and foundations, an event that
Embracing a New Approach to KYC Client Reviews
Anti-Money Laundering (AML)andKnow Your Customer (KYC)regulations dictate that financial institutions must ensure that they know their clients and verify their identities with appropriate data and documentation that proves that their clients are who they s
7 Ways to Improve Regulatory Document Management
At a recent AML event, a speaker from a global financial institution claimed that regulatory coverage of documentation was a hugely problematic and thorny issue for his organization. In fact, judging by the nodding heads in the audience, it’s a problem fo
