At KYC360 we work with hundreds of companies around the world from a wide range of sectors - both regulated and unregulated:
Significantly increased compliance costs have not stemmed the tide of enforcement actions, fines, and damaging news headlines in the financial services sector. Ineffectual manual processes cannot manage the risks inherent in millions of customer relationships involving billions of data points.
At KYC360 we understand the unique challenges faced by insurance companies in today’s fast paced and highly regulated London market.
Gaming and Gambling
The gambling and gaming industry has undergone immense change over the last 25 years. The industry has been an early and innovative adopter of digital technologies to drive explosive growth, such that the industry is now digitally driven, with international customers wagering cross-border on a plethora of gambling and gaming products.
Law and Legal Services
As the vulnerabilities of lawyers and accountants as gatekeepers to the financial services industry have come into sharper focus the heat has turned up in recent years on the professions to demonstrate more effective compliance with AML and KYC obligations.
TCSPs face enhanced regulatory scrutiny because of the inherent vulnerabilities of their products and services to criminal exploitation. The complexity and multi-jurisdictional nature of many of the structures they administer makes the compliance challenge they face very difficult.
As the vulnerabilities of accountants as gatekeepers to the financial services industry and facilitators of trade based activities have come into sharper focus the heat has turned on the accountancy profession to demonstrate more effective compliance with AML and KYC obligations.
High Value Goods
Criminals favour high value goods not only because they bestow luxury and convey status but because they are an effective store of value that can be used to facilitate further wrongdoing through their sale of transfer.