About a-team Marketing Services

A-Team Insight Briefs

Refinitiv Releases Sub-Saharan Africa Financial Crime Report

Subscribe to our newsletter

Refinitiv, a London Stock Exchange Group business, has released the results of its second financial crime report for Sub-Saharan Africa. This year, the survey highlights trends including low awareness of third-party exposure, high demand for advanced compliance technology, emerging supply chain risks, and lack of digital identity solutions in Know Your Customer protocols.

According to the report, only 28% of respondents have an ultimate beneficial ownership programme, more than 39% lack anti-bribery and corruption controls, and 55% of respondents do not have a cybercrime programme. The report also noted that only 3% of respondents view Environmental, Social, and Governance as a significant theme despite growing regulatory focus on the topic.

Nadim Najjar, managing director, data and analytics, Middle East and Africa, LSEG, comments: “Organisations in Sub-Saharan Africa still lack sound compliance programmes, although the report highlights a strong desire for compliance technology that offers improved data management and analytical capabilities.” The report surveyed risk and compliance professionals and business leaders across 47 countries in Sub-Saharan Africa.

Subscribe to our newsletter

Related content


Upcoming Webinar: Best practice approaches to trade surveillance for market abuse

Date: 5 March 2024 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Breaches of market abuse regulation can lead to reputational damage, eye-watering fines and, ultimately, custodial sentences of up to 10 years. Internally, market abuse triggers scrutiny of traders and trading behaviours; externally it can undermine confidence in markets and...


AML Controls in the UK, Challenges of Non-Fungible Tokens, Potential Solutions

Chris Bourne, compliance expert in AML, CTF, KYC and KYB, Northrow. The UK has long prided itself on its robust Anti-Money Laundering (AML) legislation and its commitment to combatting financial crime. However, as criminals continually evolve their tactics, it is crucial to assess the effectiveness of AML controls in the UK and their future suitability...


Buy AND Build: The Future of Capital Markets Technology, London

Buy AND Build: The Future of Capital Markets Technology London on September 21st at Marriott Hotel Canary Wharf London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.


Regulatory Data Handbook 2023 – Eleventh Edition

Welcome to the eleventh edition of A-Team Group’s Regulatory Data Handbook, a popular publication that covers new regulations in capital markets, tracks regulatory change, and provides advice on the data, data management and implementation requirements of more than 30 regulations across UK, European, US and Asia-Pacific capital markets. This edition of the handbook includes new...