Jun 3, 2020 | Beneficial Ownership | OwnerCheck, Compliance, Due Diligence, Global Proficiency, Thought Leadership
Is China the new colonial power in Africa? It might appear so when you take a look at China’s extensive relationship with Africa today. From trade and investment through to development aid and the Belt and Road Initiative, China’s growing influence in the region has...
Apr 14, 2020 | Beneficial Ownership | OwnerCheck, Compliance, Thought Leadership, Wealth Intelligence | WealthCheck
Beneficial ownership has caused compliance teams headaches for as long as we can remember, especially if you are an obliged entity. Currently, beneficial ownership is considered the top vulnerability in the US financial system, alongside the misuse of digital assets....
Nov 12, 2019 | Compliance, Due Diligence, Third Party Screening | ScreenCheck, Thought Leadership
Organizations know that a strong sanctions compliance program is necessary to avoid doing business with a designated person or entity. But with global sanctions regimes changing at a dizzying pace, Chief Compliance Officers (CCOs) are up against significant challenges...
Aug 21, 2019 | Compliance, Due Diligence, Thought Leadership, Wealth Intelligence | WealthCheck
Compliance professionals are aware that substandard anti-money laundering (AML) processes and procedures and insufficient know-your-customer screening can open the floodgates for financial crime. Even with this knowledge, the high-profile scandal engulfing Denmark’s...
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...
