New Technologies and Anti-Money Laundering Compliance Report
Compiled by PA Consulting, the Financial Conduct Authority’s (FCA) new report into new technologies within compliance in financial services examines what role new technology can play within regulatory compliance and how they can support compliance...
read more
AML legislation and its impact on lenders
With the EU’s Fourth Anti-Money Laundering Directive firmly in place and the Money Laundering & Terrorist Financing Regulations 2017 set to roll out in the UK, many are asking what this means for mortgage lenders in the UK and beyond. Familiar...
read more
insolvency practice Griffins selects encompass verify
Griffins, one of the largest independent insolvency practices in the UK, has selected encompass verify to support them in their Know Your Customer (KYC) compliance. Griffins, which has offices in London as well as Dubai, specialise in providing insolvency, litigation...
read more![[company news] encompass integrates with Dow Jones Risk & Compliance](https://www.encompasscorporation.com/wp-content/uploads/2017/07/Company-News_Partnership-with-Dow-Jones-Risk-and-Compliance_header-400x250.jpg)
[company news] encompass integrates with Dow Jones Risk & Compliance
encompass, creator of Know Your Customer (KYC) software for banking, finance, legal and accountancy, today announced that it is partnering with Dow Jones Risk & Compliance. Dow Jones Risk & Compliance provides the world’s largest financial institutions,...
read more![[in the media] at one with the fourth](https://www.encompasscorporation.com/wp-content/uploads/2017/07/In-the-Media_At-One-with-the-Fourth_LPM_header-400x250.jpg)
[in the media] at one with the fourth
With up to £24 billion being laundered through UK businesses every year, the need for authorities to act against the threat of money launderers is clear. The 4th Money Laundering Directive will change the way that British businesses operate, particularly for firms...
read more
how RegTech will put compliance on the front foot
In recent years the financial services industry has been subject to ever-changing regulations, this is due in part to the emergence of RegTech as well as the need for constant re-evaluation of the industry as a whole. There has been a spike in interest in RegTech and...
read more![[company news] encompass appoints Paul Charmatz as Managing Director to lead growth](https://www.encompasscorporation.com/wp-content/uploads/2017/07/Company-News_Encompass-appoint-Paul-Charmatz_header-400x250.jpg)
[company news] encompass appoints Paul Charmatz as Managing Director to lead growth
Leading compliance data enablement platform, encompass corporation, has appointed Paul Charmatz as Managing Director to focus on their go to market strategy. Paul joins encompass from Avention OneSource Solutions, which was recently sold to Dun & Bradstreet....
read more
10 key changes within the fourth EU money laundering directive
The new regulations will encompass the use of a risk based approach to customer onboarding, a named individual who sits at board level and changes to the due diligence process. The new regulations are not completely new, and on the whole build upon legislation that...
read more
should senior partners be involved in KYC for client onboarding?
There is an interesting debate surfacing in the light of the EU's 4th AML Directive around how involved Senior Partners of law firms should be in carrying out Know Your Customer (KYC) checks. Increased focus on Anti-Money Laundering (AML)/Counter-Terrorist Financing...
read more
money laundering regulations 2017 – risk assessments
Legal and professional services firms need to undertake risk assessments when they consider their approach to compliance as a result of new regulations. From June 26th the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer)...
read more