Insights

Welcome to the February edition of FinScan’s Regulatory Roundup.

The complex world of financial crimes compliance is witnessing a significant shift towards more versatile and effective anti-money laundering (AML) screening technology capabilities, reflecting the need to adapt to this dynamic landscape. Chief compliance and risk officers face multiple AML screening challenges such as ensuring precise data, maneuvering through regulations, and making sure risk mitigation strategies remain relevant and valuable. Data-agnostic approaches, enri

Welcome to our first edition of Regulatory Roundup—a special blog series highlighting some of the latest and significant regulatory news and insights in the AML compliance space. We’ll delve into the major themes that have emerged recently, from compliance culture to cryptocurrency, from new sanctions and enforcement efforts to artificial intelligence (AI) regulations. Anti-money laundering FinCEN’s final rule on beneficial ownership information (BOI) The Financial Crimes Enf

Learn the essentials of AML screening, including its purpose, importance, and key processes. Improve your AML program with best practices for regulatory compliance and risk mitigation.

Read key strategies for developing an AML risk assessment framework. Understand the role of data quality, risk scoring models, and industry best practices in managing financial crime risks.

Why assessing and improving data quality should be a top priority for Chief Compliance Officers (CCO).

In this article, we explore the key components of an AML program that addresses PEPs and the challenges related to PEP due diligence.

Navigate sanctions screening with a step-by-step guide. Learn regulatory requirements, best practices, and how to set up a program to protect your business.

Navigating the complex AML software landscape can be overwhelming. In this article, learn how to perform a modern AML software evaluation.

Compliance practitioners have long struggled with the notion of an effective compliance program. What does it mean to be “effective”?

The best time to prepare for a missed true hit is right now.

AML matching technologies all try to solve the same problem but their effectiveness, transparency and coverage greatly differ.