Resources
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[Webcast] Effectiveness, Efficiency and Explainability (The 3E’s) – Key Dimensions to Achieve Excellence in Sanctions Compliance
How effective, efficient and explainable is your current sanctions compliance programme? International sanctions represent a critical area of regulatory risk. As a result, regulators are increasingly prescriptive about the measures to implement within sanctions compliance programmes. Organisations should therefore keep in mind the following three distinct yet interdependent dimensions when implementing a sanctions screening model: […]
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30 October 2019 - Accuity Insights
Excellence in Sanctions Compliance: Moving from Transparency to Explainability
Transparency in sanctions screening is a first step, but today, explainability is a critical goal. Organisations must be able to explain the entire chain from strategy and risk assessment to policies and procedures.
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29 October 2019 - PRESS RELEASE
Global Cargo Industry Wakes Up to Trade Sanctions and Export Risk
Miami, FL -
Accuity has announced the results of its 2019 survey of the global cargo industry, revealing that 80% of cargo firms are concerned about protecting their brand and reputation when it comes to trade sanctions and export risk. Given that the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has filed a record $1.3billion of penalties so far this year spanning a range of industries, it is clear the cargo sector cannot afford to be a weak link in the supply chain.
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RESOURCE
Addressing Challenges in Trade Sanctions & Export Risk: A 2019 Industry Snapshot
Learn more about why cargo carriers take export and sanctions compliance seriously and how they can address some of the more significant challenges.
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18 October 2019 - Accuity Insights
Nepal: Off the FATF Grey List and Embracing Automation
The country of Nepal has historically been seen as an easy target for money launderers and financial crime, mainly due to its long, porous border with India and cash-dominant economy.
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17 October 2019 - Accuity Insights
Excellence in Sanctions Compliance: Efficiency – Opportunity is Knocking
Efficiency in sanctions compliance is all about allocating the right resources, while optimising results and maintaining effectiveness. It is critical in reducing costs and mitigating the risk of fines and reputational damage.
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11 October 2019 - Accuity Insights
Non-Compliance is a Loser’s Game: Takeaways from ACAMS Vegas 2019
The ACAMS’ 18th Annual AML & Financial Crime Conference drove discussions from anti-money laundering (AML) and transaction monitoring to compliance, gaming, sanctions, fraud and cryptocurrencies.
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9 October 2019 - Accuity Insights
Excellence in Sanctions Compliance: The Role of Effectiveness
Effectiveness, efficiency and explainability – “the three E’s” – are the interdependent foundational girders for building a sound sanctions compliance program. In the first of this three-part blog series, we’ll look at the role of effectiveness in sanctions compliance.
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RESOURCE
Sony Bank implements Accuity solution to streamline its screening processes & improve its operational efficiency by 60%
Sony Bank Inc., a wholly owned subsidiary of Sony Financial Holdings, was established in June 2001 as a internet bank in Japan. Today, Sony Bank offers…
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24 September 2019 - PRESS RELEASE
Accuity Enhances its Financial Crime Screening Solution for Highest Levels of Accurate Alert Detection
London -
Firco Screening Insight – for accounts quickly identifies and prioritises risk by analysing massive volumes of alerts and reduces false positive hit rates.
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