Tag: client screening
4 trends financial crime compliance teams should know in APAC
Money laundering continues to pose a significant threat across the Asia Pacific region, with sophisticated tactics challenging financial institutions. As technological advancements emerge, so too do the strategies of those intent on manipulating financial systems. In response, both regulatory bodies and financial institutions are developing innovative approaches to counter these threats.
Streamlining compliance: The role of advanced client screening in RegTech
In financial crime compliance, regulators have set expectations for financial institutions to conduct thorough assessments of name screening alerts.
A step-by-step guide to AI implementation in financial crime compliance
AI is increasingly becoming a focal point of discussion, particularly in how compliance departments within financial institutions prepare to adopt AI technologies for client screening and align with necessary regulatory standards.
Fortytwo Data upgrades sanction screening platform
Fortytwo Data, a London-based anti-money laundering and client screening platform provider, has upgraded its entity screening platform.