Accuity Insights Blog

  • Filter Results by Topic

  • Filter Results by Brand

  • Clear

Singapore Skyline Marina Bay
3 August 2018 - Accuity Insights

Real Estate Spotlight Series: Addressing financial crime concerns for DNFBPs in Singapore and Hong Kong

In March 2018, Hong Kong’s Financial Services and the Treasury Bureau (FSTB) extended its AML and counter-terrorism financing regulation to include Designated Non-Financial Businesses and Professions (DNFBPs), as defined by the Financial Action Task Force (FATF).
Find out more
Watchlist Screening | PEPs & Adverse Media | Firco Watch List Data
25 July 2018 - Accuity Insights

RegTechs: essential allies for Open Banking

These are exciting times in the RegTech space, with so many new innovations to explore and much more on the horizon. We asked Franck Lanher, EMEA Director at Accuity, about his experience of improving financial crime compliance processes with many of the world’s leading financial institutions.
Find out more
23 July 2018 - Accuity Insights

Exploring new frontiers: how payment certainty propels businesses across borders

Conducting business internationally demands completing timely, accurate payments to local companies and understanding foreign regulations and payment processes. Many of the same organisations that wish to expand their global footprint struggle with cross-border payment challenges.
Find out more
27 June 2018 - Accuity Insights

Meeting anti-money laundering obligations in the Dominican Republic

The new compliance obligations placed on non-financial businesses are stringent, but help is at hand. Last summer, tens of thousands of people flooded onto the streets of Santo Domingo, dressed mostly in green. The Marcha Verde protests were a clear indication of the strength of public feeling about the Dominican Republic’s history of corruption in […]
Find out more
20 June 2018 - Accuity Insights

Asia’s complex compliance environment: who has the answers? 

Banks and non-banking financial institutions now need to ensure that they are on top of their compliance requirements – and able to demonstrate this to regulators. Asia’s diversity of geography, legal systems and cultures poses challenges for businesses operating intra-regionally and globally which are required to ensure their activities don’t enable money laundering and the many crimes it facilitates.
Find out more
Cargo ships docked on harbour
30 May 2018 - Accuity Insights

Shipping technology is making trade finance more transparent

Versions of this article originally published in Global Banking & Finance Review and Trade Financing Matters. In the twelve months from January to December 2017, over 4,500 vessels in the container, bulker and tanker fleet completed 30,000 visits to OFAC sanctioned terminals (Iran, Cuba, North Korea, Sudan, Syria and the Crimea). Whilst not every vessel visit […]
Find out more
7 May 2018 - Accuity Insights

The future of air cargo compliance screening

Recent news that a Maersk company carried arms components from North Korea to Egypt, in a violation of international sanctions, acts as a fresh warning for those facilitating global trade to be diligent in monitoring and reporting suspicious activity. The transportation of electrical components by a Maersk subsidiary, which had the potential to be used […]
Find out more
3 May 2018 - Accuity Insights

Real Estate Spotlight Series: How US cities are fighting money launderers

The purchase of expensive, high-end residential properties through opaque corporate structures in some US cities, notably New York and Miami, had been an issue of growing comment and concern, not least because the trend was pushing property prices in the cities up sharply. The Miami Herald was among the local newspapers that spent years trying […]
Find out more
Accuity Insights

Real Estate Spotlight Series: The UK cracks down on money laundering through property and estate agents join the battle – like it or not

The UK government has announced new plans to crack down on money laundering as part of its response to a consultation on the billions of pounds of high-end UK property owned by overseas shell companies.[1] This is the latest in a series of measures designed to prevent criminals from exploiting the property market and, according […]
Find out more
Bankers Almanac delivers the data-enabled tools you need to validate payment codes, improve the certainty of a settlement, compress processing cycles, and reduce settlement risk for better rates of straight-through processing.
10 April 2018 - Accuity Insights

How tighter compliance can boost the reputation and value of ICOs

At the latest Financial Action Task Force (FATF) meeting, 35 countries, the European Commission and the Gulf Co-operation Council urged the international body to improve understanding of money laundering risk related to cryptocurrencies. In light of this, Michael LaScola, Business Solution Specialist at Accuity, discusses some AML best practices for ICOs and why they should […]
Find out more