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4 March 2020 - Accuity Insights

Cargo Compliance: A Competitive Move

In the cargo sector, better compliance isn’t only about protecting your business; it’s also about improved competitive advantage for carriers.
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19 February 2020 - Accuity Insights

Be OFAC Ready in 2020: Ensure Your Sanctions Program Meets Official Guidelines

Last year the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued a new Framework for OFAC Compliance Commitments, outlining the five essential components of a sanctions compliance program and the root causes of compliance violations. Do you have these in place?
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10 February 2020 - Accuity Insights

AML & OFAC Compliance – An Uphill Battle for Insurance

Increased regulatory scrutiny as evidenced by recent OFAC enforcement actions against insurance providers is a growing concern across the board. It is sending insurance and reinsurance companies a clear message that they need to strengthen compliance. Companies that are still doing AML checks manually – which is not uncommon – are now looking to automate this process.
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31 October 2019 - Accuity Insights

Ask the Expert: Q&A with Sanctions Specialist Saskia Rietbroek

In the first part of our ‘Ask the Expert’ series, we ask Saskia Rietbroek, Executive Director of the Association of Certified Sanctions Specialists (ACSS), about the complexity of navigating the 2019 sanctions landscape.
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sanctions screening explainability
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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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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19 August 2019 - Accuity Insights

Overcoming KYC and AML Obstacles in the Middle East

This article was originally published by PaymentsSource. In the global fight against financial crime, each world region faces unique challenges, and those faced by the Middle East are, arguably, some of the most complex. Geographical proximity to less stable countries inevitably makes members of the Gulf Cooperation Council (GCC) vulnerable to money laundering and terrorist […]
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25 July 2019 - Accuity Insights

Beyond Reasonable Doubt: 80% of Law Firms Find Process-Oriented AML Screening Challenging

A survey conducted by Accuity, in connection with the Law Society of England and Wales, reveals firms’ challenges as the sector tightens up on financial crime.
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