Accuity Insights Blog

  • Filter Results by Topic

  • Filter Results by Brand

  • Clear

Logistics and transportation of Container Cargo ship and Cargo plane with working crane bridge in shipyard at sunrise, logistic import export and transport industry background
5 September 2018 - Accuity Insights

Freight expectations: how is the US clamping down on export compliance?

The freight forwarding industry is a vital component in the facilitation of global trade. Freight forwarders play a key role in the export of goods overseas and, despite having to act on the instructions of another party, they must ensure they have robust processes in place to prevent the transportation of dangerous or dual-use goods […]
Find out more
Gavel on book
23 August 2018 - Accuity Insights

What has led to the 5th AML Directive? The key points to note about the new regulation

- Over the past 30 years, the financial industry has faced many challenges and regulatory changes. With the recent announcement to adopt the 5AMLD, how could this affect your organisation?  Pressure and Pace – the European regulatory landscape Over the past 30 years, the financial industry has faced many challenges, through new regulations, changing sociocultural opinions […]
Find out more
Global blockchain
7 August 2018 - Accuity Insights

Building robust regulations for virtual currencies

On 7 January 2018, the value (in terms of market capitalisation) of virtual currencies globally hit a high point of just over $800 billion – that’s equivalent to 7% of the liquid money supply in the US and Eurozone combined. For all the concern and skepticism expressed about virtual currencies, what is clear is that […]
Find out more
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
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
Shanghai connections
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