Tag: Moody’s Analytics

Moody’s Analytics has recently inked a pivotal contract with the Defence Equipment and Support (DE&S) body of the UK Ministry of Defence.

In September 2023, the Financial Conduct Authority (FCA) provided fresh guidance about how to treat Politically Exposed Persons (PEPs). In response to this, businesses under regulation might find it beneficial to revisit their existing PEPs screening systems. This not only ensures alignment with the new directive but also makes certain that the screening process remains both effective and efficient.

Swiss authorities recently took action against the daughter of Uzbekistan's former president, accusing her of crimes such as money laundering and bribery. This resulted in an asset freeze to the tune of $483m.

Research by Moody’s Analytics reveals a lack of public awareness about Politically Exposed Persons (PEPs) and the associated financial risks.

In a recent post by Moody's Analytics, the company offered a long-term perspective on the scourge of financial fraud and how much it costs us today.

Correspondent banking plays a pivotal role in shaping the global financial landscape. Serving as the backbone of international trade, especially for budding and developing economies, it offers a platform for banks to provide services on behalf of other financial institutions, typically situated in diverse countries. This extends to executing transactions, overseeing wire transfers, and collecting crucial documents.

The digital transformation of KYC activity has offered asset managers create more efficient onboarding processes in a market with increasing demands to manage risk.

In a recent post by Moody's Analytics, the firm asked three key questions about driving efficiency with AI-powered screening.

The European Commission has recently joined hands with Moody's Analytics to overhaul its anti-fraud operations.

The ongoing AI revolution is indisputably transforming risk management and customer identification processes (KYC), even though human input remains pivotal to these functions. Moody's Analytics recently delved into how AI will transform risk management and know your customer (KYC) compliance.