Tag: due diligence

In a stride towards combating financial crimes, the US introduced the CTA, designed to peel back the layers of secrecy often associated with business...

The Corporate Sustainability Due Diligence Directive (CSDDD) is poised to reshape the European corporate landscape significantly.

The Common Reporting Standard (CRS) has significantly impacted financial institutions (FIs) globally, aiming to enhance tax transparency and cooperation among jurisdictions. Taiwan's Ministry of Finance, in a report issued in May 2024, highlighted several ongoing deficiencies in Taiwanese financial institutions' adherence to these requirements.

Revolutionising client lifecycle management with embedded customer outreach

In the complex world of finance, due diligence is essential for protecting a company’s reputation and financial well-being. As customer demands for convenience increase and regulatory scrutiny intensifies, finding a balance is more important than ever. The solution lies in an innovative tool—KYC Portal Customer Lifecycle Management (CLM). The RegTech company recently compiled a guide on its role in enhancing due diligence processes.

In today's digital era, where business transactions and partnerships extend beyond borders, the importance of conducting due diligence cannot be overstated. FullCircl, a Customer Lifecycle...

In the intricate world of corporate risk management, navigating the global regulatory maze is a formidable challenge for financial institutions and businesses. The concept...

Spektr, a pioneering company in the compliance technology sector, has officially emerged from stealth mode, heralding a new era in ongoing due diligence.

In the ever-evolving landscape of financial services, maintaining regulatory compliance is not just a legal requirement but a strategic advantage. As financial institutions navigate...

The Inland Revenue Authority of Singapore (IRAS) has released the third edition of the Common Reporting Standard (CRS) e-Tax Guide on January 12, 2024. The guide is instrumental for Singaporean Financial Institutions (SGFIs), outlining the nation's adoption of CRS, and providing crucial guidance on compliance obligations under the CRS framework.