ACL lists Fraud Risks that companies must scrutinise in 2014
by Kylene Casanova
Analyst predicts record FCPA Violation Penalties in excess of $100 million
Anti-Money Laundering
Background
The Money Laundering Control Act of 1986 is a United States of America Act of Congress that made money laundering a Federal crime. This legislation combined with other legislation such as the European…
Read moreSWIFT announces KYC Registry and dedicated Financial Crime Compliance unit
by Kylene Casanova
Luc Meurant heads new unit
Growing number of Know Your Customer support platforms available for banks
by Kylene Casanova
Zurich based KYC Exchange Net AG tests new shared platform but will it help corporates?
SEPA non-compliance penalties for 1 Feb 2014 are & will be definitely dissuasive
by Kylene Casanova
Accuity research shows penalties are severe & many countries have not yet published their charges
Accuity releases Compliance Link (V2.7) to improve anti-money laundering functionality
by Kylene Casanova
Consolidated Entity Display & Cyrillic Matching Engine enhances AML and counter terrorism measures
ACL launches ACL™ Importer which allows users to access, analyze, and extract data trapped in static
by Kylene Casanova
ACL announced today the launch of ACL™ Importer, an ACL™ Desktop 9.3 add-on that harnesses the proven capabilities of Datawatch Monarch™ from Datawatch, a leading provider of information optimization software. ACL I
Take charge of Know Your Customer (KYC) data management, cut costs AND have happier employees
by Kylene Casanova
Complying with KYC programmes is going to get more and more arduous for corporates. Banks are just going to have be much more rigorous in their Anti-Money Laundering programmes, e.g. HSBC's New York office.
Seemingly innocent payments to countries who are ‘state sponsors of terrorism’
by Kylene Casanova
The Securities and Exchange Commission (SEC) in the US has been investigating pharmaceutical companies and other businesses' who had been sending funds to their foreign offices located in Cuba, Iran, Sudan and Syria
Due diligence when developing new business relations requires easily accessible accurate data on san
by Kylene Casanova
Engaging in new business relations can be risky and fraught with problems.