Resources

54 Posts

RESOURCE

15/02/2019

How to prepare for the 4th Anti-Money Laundering Directive in Jersey: Infographic

The 4th AMLD is a legislation that was voluntarily implemented by the Jersey government. Nevertheless, the impact on businesses remains the same.

KYC trends and technology transformation

Perspectives page

22/11/2018

KYC Challenges and Technology Transformation

The rising cost of compliance and changing regulatory requirements are driving financial institutions to constantly evolve their systems, but are their operations designed for continuous change?

Robot hands typing on a laptop

Blog

Dalbir Sahota 22/10/2018

Can fully automated KYC become a reality?

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.

23 October 2018 - PRESS RELEASE

21/10/2018

Accuity transforms Bankers Almanac to accelerate and improve risk insights, and reduce cost of counterparty KYC

Sydney, Australia - Accuity has announced a multi-year transformation programme to enhance its Bankers Almanac Risk & Compliance portfolio, that will help banks conduct faster and more accurate risk assessments for financial counterparties.

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Blog

Vincent Gaudel 08/10/2018

FinCEN Customer Due Diligence Rule: the challenge of increasing transparency

The identification of legal entities’ beneficial owners has been part of FATF Recommendations since 2003. It is a cornerstone of Customer Due Diligence measures for the international standard setter in the field of anti-money laundering and counter-terrorism financing (AML-CTF) matters. The latest Financial Crimes Enforcement Network (FinCEN) rule on Customer Due Diligence (CDD Rule) is […]

RESOURCE

17/09/2018

What are the greatest challenges of financial counterparty KYC?

We spoke to over 100 banks, financial institutions, corporates, and government and regulatory bodies across all regions to get deeper insight into their pain points in conducting financial counterparty KYC.

Blog

Vincent Gaudel 17/09/2018

Blockchain in practice – a present for the future of the financial industry

Blockchain is best known, for now at least, as the technology that underpins Bitcoin and other virtual currencies. It is ironic, then, that the uncertainty and lack of regulation around virtual currencies risks tainting the reputation of blockchain, as the technology has enormous potential to transform full parts of economy and society, from helping the […]

17 September 2018 - PRESS RELEASE

17/09/2018

Banks turn to technology innovation, as global regulation continues to increase KYC complexity

London/Singapore/New York - The annual Accuity Financial Counterparty KYC Survey has revealed that 75 percent of senior compliance and correspondent banking professionals have encountered added complexity in interpreting and adhering to local legislation.

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RESOURCE

17/09/2018

Shifting Regulatory Requirements and a Spotlight on Ownership

The findings in this report are intended to give banking professionals insight into the current landscape of financial counterparty KYC.

Blog

Dalbir Sahota 23/08/2018

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

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 […]