Author Archives for Lara Mcnamee

29 July 2016 - Accuity Insights

KYC Industry: The Benefits of Industry Reports

With increasing regulatory pressure to perform greater amounts of due diligence on counterparties, it becomes even more important for KYC, or Know-Your-Customer, professionals to understand and address the day-to-day challenges within the industry. Industry reports are a great way for consumers to educate themselves on such matters. Industry reports offer an array of benefits for […]
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20 May 2016 - Accuity Insights

Henry Balani: The RCBC heist – the need for reform

By Henry Balani, Global Head of Strategic Affairs, Accuity & FircoSoft The Rizal Commercial Banking Corporation (RCBC) case continues to generate worldwide interest, as the issue has highlighted significant gaps in the regulatory coverage and enforcement of potential money laundering instances. Many central banks have accounts at the Federal Reserve to facilitate cross border settlements […]
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5 April 2016 - Accuity Insights

Henry Balani: The Panama Papers – Not everyone is a crook

The current ‘Panama Papers’ #panamapapers revelations promises to provide extensive details around the use and misuse of tax havens by prominent politicians and wealthy individuals around the world (The Power Players) .  We expect they will reveal other criminal activity including dodging AML sanctions and tax evasion.  No doubt legislators around the globe will be demanding […]
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29 March 2016 - Accuity Insights

Accuity’s Nina Kerkez and Patrick Hinchin discuss Intelligent KYC with FX-MM

Nina Kerkez, Senior Product Manager, KYC Solutions, and Patrick Hinchin, Senior Director, Product Management at Accuity tell FX-MM why the market is likely to move away from know-your-customer (KYC) utilities and embrace data and technology solutions to meet regulatory requirements and generate revenue. Download the full article here
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24 March 2016 - Accuity Insights

Henry Balani: Trade compliance – digitising the flow

As trade finance progresses towards a digital delivery model, new opportunities to reduce fraud and fight financial crime are opening up. Henry Balani, Global Head of Strategic Affairs, Accuity, talks to FX-MM about reducing manual workflows and creating a safer trade finance environment. Download the full FX-MM article here:
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21 March 2016 - Accuity Insights

4th Anti-Money Laundering Directive – how does it affect you?

By Nina Kerkez, Senior Product Manager, KYC Solutions, Accuity Ten years on since the passing of the Third Money Laundering Directive, the EU 4th Money Laundering Directive (4MLD) was finally approved in May 2015 by the European Parliament. During those ten years, the financial industry has faced many challenges and changes which have put more […]
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15 March 2016 - Accuity Insights

Sanctions and compliance issues in Iran, North Korea, Burma / Myanmar – highlights from an ACAMS discussion

Speakers & Panellists from US Department of the Treasury, Office of Foreign Assets Control (OFAC), US Department of State, Association of Certified Anti-Money Laundering Specialists (ACAMS) & Banks converged on March 7th, Monday at Peninsula Hotel in Singapore for a dialogue on sanctions and compliance issues related to Iran, North Korea, Burma/Myanmar and other countries […]
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4 March 2016 - Accuity Insights

Trade Finance: The new frontline in the battle in the prevention of money laundering & terrorist financing

Combatting trade-based money laundering (TBML) gains momentum in Asia-Pacific.
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