Accuity Insights Blog

The 5th Anti-money Laundering Directive came into force in January, but it seems as though many organisations – law firms included – are lagging behind in their compliance. This blog as first seen on the Law Society of England and Wales website explains what changes and requirements the directive introduces, and what you need to […]

This is a fundamental and seemingly simple question that launches a time-consuming, multi-step process to identify and assess potential risk.

When financial institutions are threatened by increasing regulatory pressure, escalating fines for non-compliance, and the perils of reputational damage, they need to take action to strengthen their compliance and financial crime screening programmes.

Know Your Customer (KYC) due diligence still involves sifting through realms of unstructured data, using manual and repetitive methods; and this is something we are helping the industry overcome. By offering our unrivalled intelligence on global financial institutions via our new Bankers Almanac: KYC API, we aim to help financial institutions with large-scale KYC operations to be more effective, drive efficiency, and make the KYC process more sustainable.

Banks desperately need to meet compliance requirements without slowing down transactions or damaging customer relationships, but KYC screening still involves sorting through huge amounts of unstructured data, using manual and repetitive processes.

London, UK - 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 […]