Jun 4, 2019 | Compliance, Due Diligence, Third Party Screening | ScreenCheck, Thought Leadership
The US Department of Justice (DoJ) Criminal Division’s recently updated guidance for white-collar prosecutors — about evaluating corporate compliance programs — offers a roadmap for companies to pressure test whether their compliance policies meet defensible standards...
May 16, 2019 | Beneficial Ownership | OwnerCheck, Compliance, Third Party Screening | ScreenCheck, Thought Leadership
Recent developments on the US and foreign law enforcement fronts, alongside signals of a potential shift in Bank Secrecy Act (BSA) obligations, renew pressure on entities to ensure that the quality of their beneficial ownership compliance and third-party screening...
Jun 14, 2017 | Compliance, Due Diligence, Thought Leadership
In the first update to its framework for assessing the money laundering risk of Politically Exposed Persons (PEPs) in nine years, the Wolfsberg Group urged financial institutions last month to focus resources on high-risk PEPs, remain vigilant when dealing with...