RegTech Insight Financial Crime, KYC & AML The latest content from across the platform
Understanding the Value of Global Identifiers in the Fight Against Financial Crime
By Clare Rowley, Head of Business Operations, GLEIF. Money laundering and terrorist financing create significant systemic risks in the global financial system. The intricate webs spun by fraudsters and criminals to evade detection crisscross national borders and legal jurisdictions, commonly exploiting multiple financial institutions and legal entities. In today’s instant digital economy, this is exposing…
Regulatory Reporting Handbook – First Edition
Welcome to the inaugural edition of A-Team Group’s Regulatory Reporting Handbook, a comprehensive guide to reporting obligations that must be fulfilled by financial institutions on a global basis. The handbook reviews not only the current state of play within the regulatory reporting space, but also looks ahead to identify how institutions should be preparing for…
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…
Moody’s Analytics Wins Contract to Fight Financial Crime in European Union
Moody’s Analytics has won a framework contract worth up to €34 million from the European Commission to strengthen its anti-fraud, money laundering and financial crime effort. The four-year contract will be managed by the Commission’s European Anti-Fraud Office (OLAF) and will use the Orbis database operated by Bueau van Dijk, a Moody’s Analytics subsidiary, to…
FCA Makes Digital Sandbox Permanently Available, Invites Data Providers to Apply to List Data on the Platform
The Financial Conduct Authority (FCA) will make its Digital Sandbox available permanently from 1 August 2023 following two successful pilots. The aim is to open up the platform to a broader range of innovative businesses, start-ups and data providers. The sandbox is a testing environment that enables the FCA to support firms at the early…
CRIF and Know Your Customer Help Hong Kong Bank with Client Onboarding
Credit management specialist CRIF and Know Your Customer have partnered to help Ping An OneConnect Bank (Hong Kong) to enhance the digital onboarding process for its small and medium enterprise clients. The initiative is aimed at helping PAOB to meet growing demand for quick-to-access banking services. The new highly scalable and cloud-native solution, developed by…
Regulatory Compliance – a Special Report Published by The Times in Partnership with A-Team Group
The Regulatory Compliance special report published by The Times in partnership with RegTech Insight from A-Team Group last week takes a deep dive into compliance issues on the agenda at financial institutions, looks to the future of regulation, and touches on emerging AI solutions. We’re of course thrilled to be partnering with such a prestigious brand here…
A-Team Partners The Times on Regulatory Compliance Special Report
A-Team Group is thrilled to be partnering with The Times newspaper on its special report covering Regulatory Compliance. Be sure to pick up your copy this Wednesday 12 July from any good newsstand in the UK. Among the topics the special report explores are the state of KYC in 2023, e-communication risk and compliance, ESG…
Fenergo Combines KYC and Transaction Compliance to Provide Real-Time Customer Intelligence
Fenergo has released KYC & Transaction Compliance, an offering for fintechs – and later financial institutions – that combines the company’s KYC and transaction monitoring solutions to provide a single, integrated SaaS solution that continuously monitors customer profiles and detects suspicious transaction activities, including money laundering and terrorist financing, in real time. KYC & Transaction…
A-Team Group Names Winners of RegTech Insight Awards – Europe 2023
Congratulations to the winners of A-Team Group’s RegTech Insight Awards – Europe 2023. The awards were presented by guest speaker Ollie Ollerton, former UK Special Forces Soldier and directing staff (DS) from Channel 4’s SAS: Who Dares Wins, following a lively lunch held at Glaziers Hall in London on 18 May 2023 and hosted by…