Accuity Insights Blog

  • Filter Results by Topic

  • Filter Results by Brand

  • Clear

23 September 2020 - Accuity Insights

What the FinCEN Files Say about the State of Financial Crime Compliance

This week saw the International Consortium of Investigative Journalists (ICIJ) expose thousands of confidential documents, known as the FinCEN Files. Here, we provide some initial observations on what the leaked documents say about the current state of the global financial crime compliance landscape.
Find out more
21 September 2020 - Accuity Insights

What are Suspicious Activity Reports?

Suspicious Activity Reports (SARs) are confidential records of unusual financial activity detected by financial institutions as part of their financial crime compliance obligations. The Financial Crimes Enforcement Network (FinCEN) received more than 12 million SARs between 2011 and 2017 – and more than two million in 2019 alone.
Find out more
24 August 2020 - Accuity Insights

Combining Rich History with Innovation to Solve Contemporary KYC Needs

Vito Cinesi, Head of Correspondent Banking and Foreign Financial Institutions at Banca Monte dei Paschi di Siena – the world’s oldest bank – discusses how Bankers Almanac KYC has helped the institution to thrive.
Find out more
12 August 2020 - Accuity Insights

Escrow in Real Estate: A Honeypot for Money Launderers

The real estate industry is frequently used as a conduit for money laundering activities. Every year, around $1.6 trillion of dirty money moves through this market – equivalent to 3% of the world’s GDP. In this article, we explore an important element within this topic – escrow (or trust) accounts.
Find out more
Accuity Insights

Knowing your digital customer with AIR

Compliance has always been a costly and difficult exercise for insurers, especially in an industry that is as strictly regulated as insurance.
Find out more
12 June 2020 - Accuity Insights

Ask the Expert: Q&A with Principal Attorney Hdeel Abdelhady (Part 2)

In the second part of our Q&A with Hdeel Abdelhady, Principal Attorney at MassPoint Legal and Strategy Advisory PLLC, we ask her about the impact of the COVID-19 pandemic on international sanctions and supply chains.
Find out more
5 June 2020 - Accuity Insights

Ask the Expert: Q&A with Principal Attorney Hdeel Abdelhady (Part 1)

As part of our ‘Ask the Expert’ series, we ask Hdeel Abdelhady, Principal Attorney at MassPoint Legal and Strategy Advisory PLLC, about international sanctions, enforcement trends, and the role of lawyers as gatekeepers of the financial system.
Find out more
26 May 2020 - Accuity Insights

ISO 20022: A Positive Force in the Fight Against Financial Crime

By providing more detailed information about all parties involved in a payment, the ISO 20022 message format will not only speed up payments, but increase transparency, improve sanctions screening and help organisations better detect and prevent financial crime.
Find out more
28 April 2020 - Accuity Insights

Enforcing Sanctions During a Global Pandemic

As the current humanitarian crisis unfolds, how are governments adapting their sanctions regimes – and how can organisations keep up?
Find out more
24 April 2020 - Accuity Insights

How COVID-19 is Changing KYC and AML Technology in APAC

The COVID-19 pandemic is changing the world in ways that will linger long after the virus has been brought under control.
Find out more