Tag: economic crime
How the ECCTA is reshaping costs for UK financial institutions
In October 2023, the UK implemented the Economic Crime and Corporate Transparency Act (ECCTA), setting stringent identity verification (IDV) mandates for shareholders, directors, and...
Navigating the labyrinth of economic crime with a unified threat matrix
When it comes to navigating the challenges of economic crime, establishing a threat matrix can be a key way to steady the ship.
This point...
