Tag: Arctic Intelligence
The crucial role of comprehensive AML/CTF risk assessments in business success
In today's dynamic business environment, organisations are facing ever-increasing compliance regulations. As a result, business-wide anti-money laundering (AML) and counter-terrorism financing (CTF) risk assessments...
FCA underscores urgent need for robust control measures in UK payment...
The Financial Conduct Authority (FCA), the UK's principal financial regulator, sent a pointed "Dear CEO" letter on 16 March 2023. Initially, it praised the competition and innovation witnessed in the payment sector. However, this recognition was soon overshadowed by grave concerns.
Battling the 2023 financial crime landscape
The escalation in compliance failures associated with managing financial crime risks has accentuated the need for regulated businesses to bolster their strategies. The evolution...
The Implication of New AML/CTF Laws for Professionals in Australia
Australia is expected to reveal the details of its updated Tranche 2 anti-money laundering (AML) and counter-terrorism financing (CTF) laws towards the end of...
The next revolution: could Gen AI bring RegTech into a new...
The rise of AI has been an ongoing and slow-burning process for a number of years now. While the technology is disruptive by nature, the recent introduction of ChatGPT by OpenAI has taken the world by storm.
RegTech Analyst reveals the 6th annual RegTech100
As companies continue to strive to improve their compliance processes in the digital era, RegTech Analyst has announced the sixth annual RegTech100.
The technologies leading the way in fighting financial crime
In a world where financial crime is becoming ever more prevalent, the need to develop technologies to control is becoming ever more imperative. What are some of the technologies leading the way?
Arctic Intelligence releases AML Industry Benchmarking Report 2022
The biggest challenge that compliance teams face with their money laundering and terrorist financing (ML/TF) risk assessments are gathering the data and evidencing effectiveness.
Why business risk assessments can help de-risk cryptocurrency
A recent post by RegTech firm Arctic Intelligence has detailed what virtual asset service providers can do to help de-risk cryptocurrency.
Why crypto firms should complete AML/CFT business risk assessments
In a time where the cryptocurrency industry is going from strength to strength, becoming authorised by a financial services regulator is the crucial aim for industry players.
