Knowledge Hub

The latest news, commentary and events from KYC360.

KYC360 top picks

 
Events

Mastering Compliance Process Transformation - Lessons from the Frontline

An insightful webinar exploring the challenges of transforming compliance processes and how to overcome them successfully.

KYC360

Mar 01, 2024

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at the announcement of a new Anti-Money Laundering Authority in the EU

KYC360

Mar 01, 2024

 
Case Study

How we helped Play’n GO automate KYC operations

Play’n GO sought to automate their screening and onboarding processes, leading to the adoption of KYC360 solutions.

KYC360

Jan 29, 2024

 
Events

Exclusive event with former F1 Head of Race Strategy

Learn how businesses can comply and outperform, hear insights from a Ferrari F1 special guest and discover the KYC360 development roadmap.

KYC360

Mar 01, 2024

 
Events

Mastering Compliance Process Transformation - Lessons from the Frontline

An insightful webinar exploring the challenges of transforming compliance processes and how to overcome them successfully.

KYC360

Mar 01, 2024

 
Events

Exclusive event with Stephen Platt and Chris Usher

Learn how businesses can comply and outperform, hear insights and and lessons from Formula 1 and discover the KYC360 development roadmap.

KYC360

Mar 01, 2024

 
News

RiskScreen rebrands as KYC360

RiskScreen rebrands as KYC360

KYC360

Dec 20, 2023

 
Case Study

How we helped Play’n GO automate KYC operations

Play’n GO sought to automate their screening and onboarding processes, leading to the adoption of KYC360 solutions.

KYC360

Jan 29, 2024

 
Case Study

Transforming onboarding and screening for CoinPayments

Transforming onboarding and screening for CoinPayments using Onboarding, supporting operational efficiency and enhanced experience.

KYC360

Dec 19, 2023

 
Case Study

Revolutionising onboarding and screening integrated with NavOne for Altum Group

Revolutionising Onboarding and Screening integrated with NavOne for Altum Group.

KYC360

Dec 19, 2023

 
Case Study

Revolutionising customer onboarding for a major banking group

How we revolutionised customer onboarding for a major banking group, reducing onboarding times by a third for new customers.

KYC360

Dec 19, 2023

 
Case Study

How we transformed the onboarding process for an investment advisor

How we transformed the onboarding process for an investment advisor using KYC360 Onboarding.

KYC360

Dec 19, 2023

 
Case Study

How we helped Oak Group unify their screening processes across multiple jurisdictions

How we helped Oak Group unify their screening processes across multiple jurisdictions.

KYC360

Dec 19, 2023

 
Case Study

How we helped a Gaming company streamline customer onboarding

How we helped a Gaming company streamlining customer onboarding while ensuring regulatory compliance.

KYC360

Dec 19, 2023

 
Case Study

How we helped a Gaming company enhance player screening efficiency

How we helped a Gaming company enhance player screening efficiency across multiple jurisdictions.

KYC360

Dec 19, 2023

 
Case Study

How we helped a financial services company handle increased regulatory pressures

How we helped a financial services company handle increased regulatory pressures and reduce false positives with Screening batch.

KYC360

Dec 19, 2023

 
Publications

Spotlight Report - Asset Management

AML and KYC vulnerabilities in asset management - An in-depth look into the issues to help you to identify weaknesses in your existing compliance framework.

KYC360

Dec 21, 2023

 
Publications

Spotlight Report - Trust & Corporate Service Providers

AML and KYC Vulnerabilities for TCSPs - An in-depth look into the issues to help you to identify weaknesses in your existing compliance framework.

KYC360

Dec 21, 2023

 
Publications

Spotlight Report - FinTechs

AML and KYC Vulnerabilities in FinTechs - An in-depth look into the issues to help you to identify weaknesses in your existing compliance framework.

KYC360

Dec 21, 2023

 
Publications

Spotlight Report - Gaming and Gambling

AML and KYC Vulnerabilities in Gaming - An in-depth look into the issues to help you to identify weaknesses in your existing compliance framework.

KYC360

Dec 21, 2023

 
Publications

Spotlight Report - Hedge Funds

AML and KYC Vulnerabilities in Hedge Funds - An in-depth look into the issues to help you to identify weaknesses in your existing compliance framework.

KYC360

Dec 21, 2023

 
Publications

Spotlight Report - High Value Goods

AML and KYC Vulnerabilities in High Value Goods - An in-depth look into the issues to help you to identify weaknesses in your existing compliance framework.

KYC360

Dec 21, 2023

 
Publications

Spotlight Report - Law & Legal Services

AML and KYC Vulnerabilities in Law & Legal Services - An in-depth look into the issues to help you to identify weaknesses in your existing compliance framework.

KYC360

Dec 21, 2023

 
Publications

Spotlight Report - Brokerage Sector

AML and KYC Vulnerabilities in the Brokerage Sector - An in-depth look into the issues to help you to identify weaknesses in your existing compliance framework.

KYC360

Dec 21, 2023

 
Publications

Spotlight Report - Crypto Sector

AML and KYC Vulnerabilities in Crypto - An in-depth look into the issues to help you to identify weaknesses in your existing compliance framework.

KYC360

Dec 21, 2023

 
Publications

Spotlight Report - Insurance sector

AML and KYC Vulnerabilities in insurance - An in-depth look into the issues to help you to identify weaknesses in your existing compliance framework.

KYC360

Dec 21, 2023

 
Publications

Spotlight Report - Supply Chain

AML and KYC Vulnerabilities in Supply Chain - An in-depth look into the issues to help you to identify weaknesses in your existing compliance framework.

KYC360

Dec 21, 2023

 
Publications

Solving the challenges of onboarding complex client structures

We examine what we mean by complex client structures and the additional complications presented by onboarding these types of prospects.

KYC360

Dec 21, 2023

 
Publications

Spotlight report - Payment Service Providers

AML and KYC Vulnerabilities of Payment Providers An in-depth look into the issues to help you to identify weaknesses in your existing compliance framework.

KYC360

Dec 21, 2023

 
Publications

2022 RS Onboarding survey report

The results of this onboarding survey confirm many of the trends we’re seeing in the compliance space, but also add some interesting statistics.

KYC360

Dec 21, 2023

 
Publications

HSBC AML Failures - What went wrong?

We examine the 3 key areas of HSBC’s transaction monitoring system that were flawed and underline the critical role that transaction monitoring plays.

KYC360

Dec 21, 2023

 
Publications

NatWest AML Failures - What went wrong?

We look at a catalogue of AML failures – including the bank’s failing to conduct ongoing monitoring of a business relationship

KYC360

Dec 21, 2023

 
Publications

The Ericsson Corruption Scandal: What went wrong?

In this insightful report, we examine the facts to date that have led to a scandal of international corruption, bribery and misconduct at Ericsson .

KYC360

Dec 21, 2023

 
Publications

The challenge of onboarding complex client structures - infographic

This infographic highlights the challenges of onboarding complex clients, and how Ultimate Beneficial Owners can be buried deep.

KYC360

Dec 21, 2023

 

The New Reg Tech Super Deduction Scheme in Jersey

This groundbreaking tax incentive aims to encourage investment in regulatory technology (reg tech).

KYC360

Feb 09, 2024

 

Trump's Honduran ally likely imprisoned for life

Contrary to what Trump told the world about the Honduran President, agents of the DEA, prosecutors with the Department of Justice, and anyone that listened to the truth, knew Juan Orlando Hernandez was an enemy of the American people.

KYC360

Feb 08, 2024

 

Robert Mazur: A plan to inhibit significant money laundering offenses through improved enhanced due diligence

Robert Mazur: A plan to inhibit significant money laundering offenses through improved enhanced due diligence.

KYC360

Apr 12, 2023

 

More proof that Biden’s additional funding for the IRS will pay big dividends for the middle class

Robert Mazur: More proof that Biden’s additional funding for the IRS will pay big dividends for the middle class

KYC360

Nov 10, 2022

 

Understaffed IRS has trouble catching major tax cheats

Robert Mazur, a federal agent for 27 years, is a court-certified expert in money laundering related matters in both the U.S. and Canada.

KYC360

Oct 12, 2022

 

How goes the war against laundering?

If a willingness to do the right thing were the fuel that powered the attack on money launderers, that initiative would be a total success. Compliance professionals, regulators and law enforcement officers are motivated, but we struggle to think outside the box and change our method of operation.

KYC360

Nov 25, 2021

 

Is FATF Playing Politics with Pakistan?

Is FATF Playing Politics with Pakistan?

KYC360

Oct 20, 2021

 

Laundering $1 Million With Very Little Risk

One might wonder whether it would be easy to launder $1 million in cash in one day for Mexican cartels. Sadly, the answer is, you wouldn’t need a full day and could probably get it done in hours. Worse yet, 98% of law enforcement, regulators and AML professionals would never take note.

KYC360

Jul 30, 2021

 

Danske Bank: What went wrong?

Danske Bank: What went wrong?

KYC360

Jun 09, 2021

 

Checking the Bitcoin Box

In 2020, FinCEN, the U.S. FIU and its primary AML regulator, published a Notice of Proposed Rulemaking on virtual currency transactions.

KYC360

Feb 26, 2021

 

Blockchain and Covid-19: A new era for financial crime compliance?

Blockchain and Covid-19: A new era for financial crime compliance?

KYC360

Feb 24, 2021

 

Cartel Economics

Cartel Economics and how Banxico will work with local Mexican banks that have ‘justified difficulties’ getting rid of bulk U.S. currency.

KYC360

Feb 11, 2021

 

Top skills that make a good compliance officer

Top skills that make a good compliance officer.

KYC360

Dec 02, 2020

 

What 6AMLD Doesn’t Say About Legal Liabilities

What 6AMLD Doesn’t Say About Legal Liabilities

KYC360

Dec 02, 2020

 

We’ve All Been Deceived. There is No War on Drugs.

We’ve All Been Deceived. There is No War on Drugs.

KYC360

Dec 01, 2020

 

The FinCEN Files: Asking the Right Questions

The FinCEN Files: Asking the Right Questions

KYC360

Oct 16, 2020

 

FinCEN Files Confirm the Elephant in the Room

FinCEN Files Confirm the Elephant in the Room

KYC360

Sep 30, 2020

 

Lessons From Deutsche Bank’s Epstein Fine

The DFS consent order recounts how the bank went wrong “despite knowing Mr. Epstein’s terrible criminal history”

KYC360

Jul 31, 2020

 

The Master Identity Thief

The Master Identity Thief: How Dartanyon Williams Stole Millions by the Age of 23

KYC360

Jul 28, 2020

 

Labour exploitation and financial crime in the textile industry

Leicester experienced unexpectedly higher number of covid infections. What transpired were reports of labour exploitation and a financial crime nexus.

KYC360

Jul 24, 2020

 

Amazon: Prime Time for Penalties

The OFAC announced a settlement agreement with Amazon for a large number of violations across a wide spectrum of OFAC’s sanctions programs

KYC360

Jul 21, 2020

 

On the Periphery: Financial Crime Risks in Cryptocurrency Mining

On the Periphery: Financial Crime Risks in Cryptocurrency Mining.

KYC360

Jul 13, 2020

 

How Banks Can Detect Money Mules in the Time of COVID-19

How Banks Can Detect Money Mules in the Time of COVID-19.

KYC360

Jun 26, 2020

 

The Art of the SAR

The Art of the SAR

KYC360

May 11, 2020

 

Nordic Noir: Understanding the Swedbank Saga

At times it can seem as if Swedbank’s recent history has been taken from the plot of a Nordic noir novel.

KYC360

Apr 30, 2020

 

‘Think Like a Bad Guy'

During his time as an undercover agent investigating Pablo Escobar and the Medellin Cartel, Robert Mazur kept two lessons from his training in mind.

KYC360

Apr 10, 2020

 

Trade Misinvoicing: A Common TBML Typology

Trade Misinvoicing: A Common TBML Typology

KYC360

Apr 01, 2020

 

Interested Parties: Understanding ‘Property’ in OFAC Compliance

Interested Parties: Understanding ‘Property’ in OFAC Compliance.

KYC360

Mar 11, 2020

 

Illicit finance hidden in trade numbers fed $9tn loss for developing nations: GFI

Illicit finance hidden in trade numbers fed $9tn loss for developing nations: GFI

KYC360

Mar 04, 2020

 

Tricks of the trade

Tricks of the trade

KYC360

Feb 11, 2020

 

Art: In the Frame for Money Laundering

Art: In the Frame for Money Laundering.

KYC360

Feb 03, 2020

 

Company Formation Given Undersized Role in Financial Gatekeeping, Say Experts

Company Formation Given Undersized Role in Financial Gatekeeping, Say Experts

KYC360

Jan 28, 2020

 

The Reality About Corrupt PEPs: They’re a Global Problem

The Reality About Corrupt PEPs: They’re a Global Problem

KYC360

Jan 21, 2020

 

Chaos Theory: Sanctions in Practice

Chaos Theory: Sanctions in Practice.

KYC360

Jan 10, 2020

 

Taxing Times at HSBC

Read Recent action by the US DOJ against HSBC following the bank’s admission that it conspired with American customers to facilitate tax evasion.

KYC360

Jan 08, 2020

 

Canada’s Abysmal Prosecution Rate for Money Laundering

Canada’s Abysmal Prosecution Rate for Money Laundering

KYC360

Jan 01, 2020

 

The Real Narcos: A Clear and Present Danger Today

The Real Narcos: A Clear and Present Danger Today.

KYC360

Dec 13, 2019

 

What Westpac’s Woes Tell Us About AML Compliance

What Westpac’s Woes Tell Us About AML Compliance

KYC360

Dec 06, 2019

 

Leveling the Uneven Playing Field from Which We Fight

AML professionals that play by the rules have difficulty realizing that the “bad guys” at the highest levels of the criminal world have no rules.

KYC360

Nov 27, 2019

 

Dirty Money on the Big Screen: Why Media Portrayals of Money Laundering Matter

Dirty Money on the Big Screen: Why Media Portrayals of Money Laundering Matter.

KYC360

Nov 15, 2019

 

KYC360 Exclusive: What Cryptocurrency, Drug Lords and Mafia Bosses Don’t Have in Common

KYC360 Exclusive: What Cryptocurrency, Drug Lords and Mafia Bosses Don’t Have in Common

KYC360

Nov 13, 2019

 

Precious metals: The ‘gold standard’ in money laundering

Precious metals: The ‘gold standard’ in money laundering.

KYC360

Nov 08, 2019

 

How Hezbollah’s Terrorist Financing Roots Grew into the Drug World

Free trade zones around the world are hot beds of trade-based money laundering. This is a fact borne out by thousands of cases over the past several decades, and the dominance of Lebanese businessmen in these regions is supported by the fact that there are more than 10 million people of Lebanese descent that now call Latin America their current home.

KYC360

Oct 17, 2019

 

KYC360 Exclusive

Understanding why Hezbollah has deep roots in the drug trade requires a historical view of Lebanon.

KYC360

Oct 17, 2019

 

KYC360 Exclusive: Martin Woods on Wachovia, Whistleblowing and the State of AML

KYC360 Exclusive: Martin Woods on Wachovia, Whistleblowing and the State of AML.

KYC360

Oct 01, 2019

 

Precious Metals: A Money Laundering Magnet

Precious metals businesses have carried very high money laundering risk for decades, and they will for decades to come.

KYC360

Sep 13, 2019

 

Refereeing Football: The EU’s Yellow Card for Money Laundering

Refereeing Football: The EU’s Yellow Card for Money Laundering

KYC360

Aug 23, 2019

 

Rooting for OFAC: A Sanctions Compliance To-Don’t List

Rooting for OFAC: A Sanctions Compliance To-Don’t List

KYC360

Aug 14, 2019

 

OFAC’s Compliance Framework: A Fine Foundation?

In May 2019, the US Office of Foreign Assets Control (OFAC) published “A Framework for OFAC Compliance Commitments” (“Framework document”).

KYC360

Jul 15, 2019

 

The Abacha Case: How AML Procedures Should Have Flagged $267m Earlier

The Abacha Case: How AML Procedures Should Have Flagged $267m Earlier.

KYC360

Jun 07, 2019

 

It’s the luxuries that give it away. To fight corruption, follow the goods

It’s the luxuries that give it away. To fight corruption, follow the goods.

KYC360

May 16, 2019

 

Virtual Assets Are Here To Stay, But Are AML Professionals Up to Speed?

Virtual Assets Are Here To Stay, But Are AML Professionals Up to Speed?

KYC360

May 07, 2019

 

To Sue or Not to Sue: A Tough Question for Compliance Officers

Whether it’s linked to a case of whistleblowing, a problematic work culture or discrimination, the decision to sue an employer is never easy. .

KYC360

Apr 18, 2019

 

Confessions of a compliance officer: The risk-based approach goes wrong

The risk-based approach is a key aspect of compliance work. But what happens when the boss shows up with a muddled plan and expects it to be implemented?

KYC360

Apr 17, 2019

 

Implementing sanctions screening and due diligence methods for products and payments laundering

Implementing sanctions screening and due diligence methods for products and payments laundering.

KYC360

Apr 12, 2019

 

Closer Look: Standard Chartered’s $1.1 Billion Settlement

Standard Chartered Bank and the US Justice Department disclosed a 2yr extension to a 7yr settlement that required a host of remedial steps to its sanctions compliance programs

KYC360

Apr 10, 2019

 

New Lessons from the Barclays Whistleblowing Case

New Lessons from the Barclays Whistleblowing Case.

KYC360

Apr 05, 2019

 

Pursuing unexplained wealth in Nigeria: It’s time to take on the enablers

Pursuing unexplained wealth in Nigeria: It’s time to take on the enablers.

KYC360

Mar 28, 2019

 

Breakdown: The Kleptocracy Asset Recovery Rewards Act

Breakdown: The Kleptocracy Asset Recovery Rewards Act

KYC360

Mar 22, 2019

 

For HSBC, Questions Remain Following Moldovan Asset Seizures

The asset forfeiture order granted to UK authorities in February to seize more than £466,000 from a London student living in a luxury apartment.

KYC360

Mar 18, 2019

 

Understanding EU anti-money laundering law: EU 4AMLD, EU 5AMLD, EU 6AMLD

Understanding EU anti-money laundering law: EU 4AMLD, EU 5AMLD, EU 6AMLD.

KYC360

Mar 13, 2019

 

AML Third-Party Risks: What Matters Most

AML Third-Party Risks: What Matters Most.

KYC360

Mar 06, 2019

 

Know-Your-Data: Key Lessons from AML Failures

We spoke to Stephen about his experience in running systemically important regulatory enquiries and the lessons that he learned.

KYC360

Feb 28, 2019

 

EU Sixth Anti-Money Laundering Directive (6AMLD): Countdown to Enforcement Begins

EU Sixth Anti-Money Laundering Directive (6AMLD): Countdown to Enforcement Begins.

KYC360

Feb 25, 2019

 

The perfect AML programme: A ten point guide

The perfect AML programme: A ten point guide

KYC360

Feb 20, 2019

 

Compliance hot spots for third-party transactions and corporate remittances

Compliance hot spots for third-party transactions and corporate remittances.

KYC360

Feb 07, 2019

 

Sanctions: The new ‘Deripaska Rule’ – a twist to regulation?

The U.S. OFAC removed three companies from its Specially Designated Nationals (SDN) List.

KYC360

Feb 05, 2019

 

Banking and compliance: How I scooped an award for my work

Someone asked me how I won an award or recognition for my compliance work at the bank where I worked, and I am pleased to share my little adventure.

KYC360

Jan 23, 2019

 

Seriously attacking real money laundering: a simple solution to a complicated problem

Testimony in the ongoing New York federal trial of “El Chapo” Guzman offered a repeat of facts heard in hundreds of similar trials since the prosecution of Al Capone.

KYC360

Jan 22, 2019

 

US anti-money laundering: Hot topics for 2019

After a tumultuous 2018, which saw huge penalties, the rollout of privacy laws and Europe’s biggest banking scandal, compliance officers are ready for a fresh start.

KYC360

Jan 22, 2019

 

UK anti-money laundering (AML) – Hot topics for 2018

UK anti-money laundering (AML) – Hot topics for 2018

KYC360

Jan 18, 2019

 

Confessions of a compliance officer

Confessions of a compliance officer: A mighty banker crashes to earth

KYC360

Jan 10, 2019

 

Anti-money laundering analysis: UK FCA and EU blacklists update

KYC360 Exclusive: What Cryptocurrency, Drug Lords and Mafia Bosses Don’t Have in Common

KYC360

Jan 08, 2019

 

Q and A: EU Anti-Tax Avoidance Directive (ATAD) comes into force

Q and A: EU Anti-Tax Avoidance Directive (ATAD) comes into force

KYC360

Jan 03, 2019

 

Court orders banks to open account for convicted fraudster

Financial crime: Court orders banks to open account for convicted fraudster

KYC360

Dec 17, 2018

 

‘The investigations exposed outrageous misconduct at U.S. banks and flaws in American law’

‘The investigations exposed outrageous misconduct at U.S. banks and flaws in American law’

KYC360

Dec 11, 2018

 

Special Report: The ex-HSBC banker, go-fast limousines and bags of dirty cash

Special Report: The ex-HSBC banker, go-fast limousines and bags of dirty cash.

KYC360

Nov 22, 2018

 

Banking: Curbing employee fraud and corruption with an effective KYE program

Banking: Curbing employee fraud and corruption with an effective KYE program.

KYC360

Nov 12, 2018

 

How Rabobank’s compliance unit ended up in hot soup again

How Rabobank’s compliance unit ended up in hot soup again.

KYC360

Oct 12, 2018

 

Money laundering: Smurf banks large piles of dirty cash, claims innocence

Money laundering: Smurf banks large piles of dirty cash, claims innocence.

KYC360

Oct 09, 2018

 

Money laundering in Nigeria: HSBC, Standard Chartered named and shamed over ‘murky past’

Money laundering in Nigeria: HSBC, Standard Chartered named and shamed over ‘murky past’.

KYC360

Oct 05, 2018

 

Wild, wacky compliance failures from ING, Danske banks

The consequences of the massive money laundering scandals at Danske Bank and ING are proof of the bizarre goings-on just under the surface of any compliance regime.

KYC360

Sep 28, 2018

 

Danske Bank $234 billion money laundering

Danske Bank $234 billion money laundering is ‘biggest scandal in Europe’

KYC360

Sep 21, 2018

 

Banking: Detecting tell-tale signs of human trafficking (Part 2)

Banking: Detecting tell-tale signs of human trafficking (part 2)

KYC360

Sep 17, 2018

 

Once a PEP, always a PEP?

Once a PEP, always a PEP? How to risk rate a customer who is a former PEP.

KYC360

Aug 24, 2018

 

Banking: Detecting tell-tale signs of human trafficking (Part 1)

Banking: Detecting tell-tale signs of human trafficking (Part 1).

KYC360

Aug 22, 2018

 

Money Laundering at Danske Bank

Financial crime staff should consider the findings of the review conducted by the Danish Financial Supervisory Authority into Danske Bank.

KYC360

Aug 16, 2018

 

Startup looks to help HSBC, financial firms spot money laundering

In April this year, HSBC announced it had partnered with startup Quantexa to integrate its anti-money laundering (AML) technology into HSBC’s systems.

KYC360

Jul 23, 2018

 

Money laundering: Commingled bank accounts and the $10,000 requirement

Money laundering: Commingled bank accounts and the $10,000 requirement.

KYC360

Jul 11, 2018

 

Lafarge terror financing scandal

Lafarge terror financing scandal: Choosing profit or compliance

KYC360

Jul 10, 2018

 

Panama Papers pandemonium

On the second anniversary of the Panama Papers, new information published by the ICIJ makes for interesting – and even entertaining – reading.

KYC360

Jul 06, 2018

 

Panama Papers

Panama Papers – No banks to blame, say top European regulators

KYC360

Jun 28, 2018

 

Anti-money laundering: Outsourcing — pitfalls to avoid

Anti-money laundering: Outsourcing — pitfalls to avoid.

KYC360

Jun 25, 2018

 

The Road from Damascus: Europort, Gibraltar and the Butcher of Hama

The Road from Damascus: Europort, Gibraltar and the Butcher of Hama.

KYC360

Jun 18, 2018

 

Blockchain: Opportunities for KYC and sanctions screening

Blockchain: Opportunities for KYC and sanctions screening.

KYC360

Jun 11, 2018

 

After alleged HSBC $500 million suspicious activity report, financial crime probe widens

After alleged HSBC $500 million suspicious activity report, financial crime probe widens.

KYC360

May 31, 2018

 

Accessories for the super-rich: The price of a passport

Accessories for the super-rich: The price of a passport

KYC360

May 31, 2018

 

Biometrics: Challenges and opportunities for anti-money laundering, fraud prevention

The rapid adoption of biometric tech is likely to drive profound changes in anti-money laundering and counter-terrorism financing (AML/CTF) efforts.

KYC360

Apr 30, 2018

 

The compliance and KYC link between banks, bitcoin and exchanges

The compliance and KYC link between banks, bitcoin and exchanges.

KYC360

Apr 21, 2018

 

AML update

AML update: Understanding the new EU measures on bank registers, cross-border access.

KYC360

Apr 17, 2018

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at the announcement of a new Anti-Money Laundering Authority in the EU

KYC360

Mar 01, 2024

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at the cryptocurrency scam, OneCoin where a former partner at a law firm has been sentenced to 10 years in prison.

KYC360

Feb 23, 2024

 
Roundup

KYC360 Weekly Roundup

In AML news this week the FCA states that enforcement alone cannot tackle financial crime.

KYC360

Feb 16, 2024

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at the cryptocurrency scam, OneCoin where a former partner at a law firm has been sentenced to 10 years in prison.

KYC360

Feb 09, 2024

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at the cryptocurrency scam, OneCoin where a former partner at a law firm has been sentenced to 10 years in prison.

KYC360

Feb 02, 2024

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at the misuse of Discretionary Trusts for illegal money laundering and payments for facilitating illegal small boat crossings.

KYC360

Jan 26, 2024

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at stricter regulations set out by the EU on cryptocurrencies.

KYC360

Jan 19, 2024

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at details of admitted failures by top law firm Clyde & Co and news that Canada’s regulator is embracing AI.

KYC360

Jan 12, 2024

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at details of Interpol’s HEACHI IV operation targeting financial crime, which has netted $300m and lead to 3,500 arrests.

KYC360

Dec 22, 2023

 
Roundup

KYC360 Weekly Roundup

In the AML news this week, the Swiss government has drafted new money laundering rules following some criticism from the regulator.

KYC360

Dec 18, 2023

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at details of how the EU’s new AML Authority (AMLA) will operate.

KYC360

Dec 15, 2023

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at the results of Europol’s money mule action operation which has led to over 1000 arrests for money laundering.

KYC360

Dec 08, 2023

 
Roundup

KYC360 Weekly Roundup

AML news this week includes a detailed look at how organised crime operations rely on money laundering.

KYC360

Dec 01, 2023

 
Roundup

KYC360 Weekly Roundup

AML news this week has been dominated by Changpeng Zhao, now former CEO of Binance, who this week pleaded guilty to money laundering charges.

KYC360

Nov 24, 2023

 
Roundup

KYC360 Weekly Roundup

AML news this week the Basel AML Index is reporting an increase in the global money laundering/terrorist financing risk level.

KYC360

Nov 17, 2023

 
Roundup

KYC360 Weekly Roundup

AML news this week the FCA is demanding banks do more to stop authorised push payment fraud and that they treat victims better.

KYC360

Nov 10, 2023

 
Roundup

KYC360 Weekly Roundup

AML news this week the FATF has updated its black and grey lists highlighting countries of concern over their AML practices.

KYC360

Nov 03, 2023

 
Roundup

KYC360 Weekly Roundup

In AML news this week FATF announces the removal of Switzerland from its enhanced AML scrutiny regime.

KYC360

Oct 27, 2023

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at a call for clearer rules on the European Commission’s AML package proposal.

KYC360

Oct 20, 2023

 
Roundup

KYC360 Weekly Roundup

In AML news this week the newly appointed director of the US regulator FinCEN speaks about the priorities for the organisation.

KYC360

Oct 13, 2023

 
Roundup

KYC360 Weekly Roundup

In AML news this week the accountancy supervisory body the AAT, publishes its annual report on money laundering.

KYC360

Oct 06, 2023

 
Roundup

KYC360 Weekly Roundup

In our anti-money laundering news this week, we have an interesting article on the lessons MLROs should take from the FCA’s recent fine of an MLRO.

KYC360

Sep 22, 2023

 
Roundup

KYC360 Weekly Roundup

In AML news this week, Europol issues its first ever financial crime report. It details the scale and extent of financial crime within the EU.

KYC360

Sep 15, 2023

 
Roundup

KYC360 Weekly Roundup

This week, the FCA’s Sarah Pritchard outlines some of the ongoing financial crime risks to a London audience.

KYC360

Sep 08, 2023

 
Roundup

KYC360 Weekly Roundup

In our anti-money laundering news this week, police in London have charged Nigeria’s former oil minister with bribery.

KYC360

Aug 25, 2023

 
Roundup

KYC360 Weekly Roundup

In our AML news this week, police in Singapore break open a huge money laundering operation and the local regulator reacts forcefully.

KYC360

Aug 18, 2023

 
Roundup

KYC360 Weekly Roundup

This week, an outgoing, high-ranking US DoJ official predicts some large corporate settlements in the pipeline from investigations he’s been working on.

KYC360

Aug 11, 2023

 
Roundup

KYC360 Weekly Roundup

This week the US Securities and Exchange Commission publishes a risk alert based on AML failings they’ve been observing in the broking sector.

KYC360

Aug 04, 2023

 
Roundup

KYC360 Weekly Roundup

In AML news this week the US makes progress towards regulation and the FSB publishes its crypto regulation proposals.

KYC360

Jul 28, 2023

 
Roundup

KYC360 Weekly Roundup

In AML news this week, the US Federal Reserve fines Deutsche Bank $186m over historic AML failings.

KYC360

Jul 21, 2023

 
Roundup

KYC360 Weekly Roundup

In our AML news this week, the European Banking Authority highlights inconsistencies and poor practice by AML regulatory bodies across the continent.

KYC360

Jul 14, 2023

 
Roundup

KYC360 Weekly Roundup

In our AML news this week, the UK Treasury is launching a consultation looking at the supervisory system around money laundering and terrorist financing.

KYC360

Jul 07, 2023

 
Roundup

KYC360 Weekly Roundup

In our AML news this week, the Financial Action Task Force, adds an EU member state to its list of countries under increased monitoring.

KYC360

Jun 30, 2023

 
Roundup

KYC360 Weekly Roundup

This week, we highlight an article discussing the importance of investing in digital KYC to help speed up the process but without sacrificing accuracy.

KYC360

Jun 23, 2023

 
Roundup

KYC360 Weekly Roundup

In our AML news this week, the UK’s HMRC issued fines to 240 businesses in the last six months of 2022 and it’s likely we’ll see even more in future.

KYC360

Jun 16, 2023

 
Roundup

KYC360 Weekly Roundup

KYC Roundup - IMF recommend AML rules to help fight tax crime

KYC360

Jun 09, 2023

 
Roundup

KYC360 Weekly Roundup

KYC Roundup - Money laundering regulations harming humanitarian groups

KYC360

May 26, 2023

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at ways to regulate Crypto and other virtual assets, as governments are beginning to bring regulatory rules to the industry.

KYC360

May 19, 2023

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at the challenges facing gambling and gaming as pressure mounts to improve anti-money laundering and the safeguarding of players.

KYC360

May 12, 2023

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at ESG and how it is gaining traction for consumers when making purchasing and employment decisions.

KYC360

May 05, 2023

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at crypto regulation with Coinbase taking the SEC to court to force it to respond to formal rule making on digital assets.

KYC360

Apr 28, 2023

 
Roundup

KYC360 Weekly Roundup

Many countries have introduced legislation designed to encourage and protect whistleblowers, but the US has recently passed a law that is a gamechanger.

KYC360

Apr 21, 2023

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at details sportswashing and how government and businesses exploit people’s love of sport to wash their image clean.

KYC360

Apr 14, 2023

 
Roundup

KYC360 Weekly Roundup

Following the purchase of Credit Suisse by UBS, concerns about a wider banking crisis seem to be abating although central bankers remain on high alert.

KYC360

Mar 31, 2023

 
Roundup

KYC360 Weekly Roundup

This week we deliver updates on the current banking crisis together with analyses and opinions from different sources.

KYC360

Mar 24, 2023

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at the disastrous collapse of Silicon Valley Bank and New York’s Signature Bank.

KYC360

Mar 17, 2023

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at the implications of ‘greenwashing’ and what is being done to stamp out this deceitful and damaging practice.

KYC360

Mar 10, 2023

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at the Financial Action Task Force Plenary which took place on 22-24 February and concluded FATF Week.

KYC360

Mar 03, 2023

 
Roundup

KYC360 Weekly Roundup

This week, we look at the Russia sanctions regime one year on, report on new measures and its ongoing effectiveness. 

KYC360

Feb 24, 2023

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at the the challenges facing the gambling and gaming sector and the damage that can ensure from failure to comply with the rules.

KYC360

Feb 17, 2023

 
Roundup

KYC360 Weekly Roundup

This week we reveal a range of new legislation and initiatives that are being introduced to protect whistleblowers.

KYC360

Feb 10, 2023

 
Roundup

KYC360 Weekly Roundup

KYC Roundup - Regulators Target Crypto Sector

KYC360

Feb 03, 2023

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at why Real Estate remains one of the fastest growing targets for money launderers.

KYC360

Jan 27, 2023

 
Roundup

KYC360 Weekly Roundup

This week we lead with an examination of the growing role of corruption in influencing parliamentary democracies.

KYC360

Jan 20, 2023

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at why the crypto sector is facing a sustained period of upheaval and instability.

KYC360

Jan 13, 2023

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at key compliance regulations that are predicted to come into force in 2023 and will require increased due diligence.

KYC360

Jan 06, 2023

 
Roundup

KYC360 Weekly Roundup

The most recent updates appear to be following the rather worrying trend of reversing, blocking or introducing initiatives that will ultimately benefit the world’s financial criminals.

KYC360

Dec 23, 2022

 
Roundup

KYC360 Weekly Roundup

EU Court UBO Ruling

KYC360

Dec 16, 2022

 
Roundup

KYC360 Weekly Roundup

This week we lead on the ever-present threat of frauds and scams from criminals who use deception to make personal gain at the expense of their victims.

KYC360

Dec 09, 2022

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at cryptocurrencies and the mounting call for greater regulation of the entire crypto sector.

KYC360

Nov 25, 2022

 
Roundup

KYC360 Weekly Roundup

In this week’s roundup we focus on the collapse of the cryptocurrency exchange, FTX.

KYC360

Nov 18, 2022

 
Roundup

KYC360 Weekly Roundup

This week we examine the most recent advances in this arena and how they are impacting the compliance landscape.

KYC360

Nov 04, 2022

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at environmental crime, which if left unchecked will ultimately affect every single living being on the planet.

KYC360

Oct 28, 2022

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at modern slavery and ask what steps can be taken to convert words into actions?

KYC360

Oct 21, 2022

 
Roundup

KYC360 Weekly Roundup

In AML news this week we shine the spotlight on politically exposed persons (PEPs). Their position and influence can often lead to systematic abuse.

KYC360

Oct 14, 2022

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at reach of the regulatory and enforcement authorities outside financial services.

KYC360

Oct 07, 2022

 
Roundup

KYC360 Weekly Roundup

KYC Roundup - Spotlight on Corruption

KYC360

Sep 30, 2022

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at the Wirecard debacle - a perfect storm of money laundering, fraud, inaction by regulatory authorities, and auditing failures.

KYC360

Sep 23, 2022

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at Web3 the vision of a new internet which uses blockchains, cryptocurrencies, and NFTs to give power back to the users.

KYC360

Sep 16, 2022

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at the growing menace of environmental crime.

KYC360

Sep 09, 2022

 
Roundup

KYC360 Weekly Roundup

Spotlight on Corruption – Legislation – Sanctions – Crypto – Money Laundering, Bribery

KYC360

Aug 19, 2022

 
Roundup

KYC360 Weekly Roundup

Human trafficking has no place in our world. Which is why this week we shine a light on this most wicked of crimes against humanity.

KYC360

Aug 05, 2022

 
Roundup

KYC360 Weekly Roundup

This week we turn the spotlight on how terrorists finance their attacks, often via wire transfers, electronic payments, and cryptocurrencies

KYC360

Jul 29, 2022

 
Roundup

KYC360 Weekly Roundup

This week we turn the spotlight on drug cartels, following the much-vaunted arrest of a major Mexican drug lord.

KYC360

Jul 22, 2022

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at the Uber Files and how they provide insight into how Uber used $90 million to fund backroom deals and high-level lobbying

KYC360

Jul 15, 2022

 
Roundup

KYC360 Weekly Roundup

This week, we lead by acknowledging World Whistleblowers Day 2022 and the role played by the often-unsung heroes.

KYC360

Jul 01, 2022

 
Roundup

KYC360 Weekly Roundup

KYC Roundup - FATF Plenary 2022

KYC360

Jun 23, 2022

 
Roundup

KYC360 Weekly Roundup

KYC Roundup - FATF Plenary 2022

KYC360

Jun 17, 2022

 
Roundup

KYC360 Weekly Roundup

KYC Roundup - Russia Sanctions Update

KYC360

Jun 10, 2022

 
Roundup

KYC360 Weekly Roundup

While the rate of which sanctions being imposed against Russia has slowed considerably, their effects are being felt across the broadest spectrum of society.

KYC360

May 27, 2022

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at Russian sanctions and new ways of ensuring that individuals and entities are unable to circumvent the measures.

KYC360

May 20, 2022

 
Roundup

KYC360 Weekly Roundup

AML news this week looks at Russia sanctions and how the EU is pressing ahead with plans to ban all imports within six months.

KYC360

May 06, 2022

 
Roundup

KYC360 Weekly Roundup

KYC Roundup - Russia Sanctions Update

KYC360

Apr 29, 2022

 
Roundup

KYC360 Weekly Roundup

KYC Roundup - Sanctions Week 7

KYC360

Apr 14, 2022

 
Roundup

KYC360 Weekly Roundup

KYC Roundup - Sanctions Update and Impact – Spotlight on Trafficking and Modern Slavery

KYC360

Apr 01, 2022

 
Roundup

KYC360 Weekly Roundup

In this week’s AML Roundup, we explore just how effective Russia sanctions have been so far.

KYC360

Mar 25, 2022

 
Roundup

KYC360 Weekly Roundup

Russia Sanctioned over Ukraine

KYC360

Feb 25, 2022

 
Roundup

KYC360 Weekly Roundup

KYC Roundup - FCA could use more criminal powers after NatWest case

KYC360

Feb 04, 2022

 
Roundup

KYC360 Weekly Roundup

KYC Roundup - Reforming the Irreformable

KYC360

Jan 21, 2022

 
Roundup

KYC360 Weekly Roundup

KYC Roundup - UAEs potential FATF grey listing

KYC360

Jan 14, 2022

 
Roundup

KYC360 Weekly Roundup

This week we take a closer look at sanctions, how they work, how effective they are, and how you can see who is currently being sanctioned.

KYC360

Jan 11, 2022

 
Roundup

KYC360 Weekly Roundup

KYC Roundup - NatWest fined £265m

KYC360

Dec 17, 2021

 
Roundup

KYC360 Weekly Roundup

This week we look at Greentube faces regulatory action, and calls to investigate UK care home funding.

KYC360

Dec 10, 2021

 
Roundup

KYC360 Weekly Roundup

KYC Roundup - UK can’t pay Iran money owed

KYC360

Nov 19, 2021