encompass blog | industry news
key developments within the fifth money laundering directive
The Fifth Money Laundering Directive (5MLD) has an implementation date of January 2020, with the aim of addressing a number of weaknesses that have come to light since the introduction of the Fourth Money Laundering Directive (4MLD) on 26th June 2017. Here, encompass...
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3 key learns from Fraud and Financial Crime Europe 2019
47% of businesses have been affected by financial crime within the last 12 months. This is one of the key statistics that caught attention at the 2019 edition of the Center for Financial Professionals (CEFPRO) Fraud and Financial Crime Europe conference. There was...
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why OPBAS report findings don’t tell the full story
The accountancy and legal industries have been making headlines recently, after a report from the Office for Professional Body Anti-Money Laundering Supervision (OPBAS) highlighted criticisms in how professional bodies representing the sectors tackle money...
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Innovate Finance announces 2018 women in fintech powerlist
Stars of the industry have been recognised as Innovate Finance revealed its 2018 Women in FinTech Powerlist. Launched in 2015, the list, compiled by the independent industry body for UK Fintech, celebrates the impact of female professionals and their...
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Australia’s finance sector set for sweeping changes following Royal Commission inquiry
Australia’s financial sector looks set for sweeping changes after a national inquiry proposed a host of measures in an attempt to combat industry misconduct. The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services...
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the full picture, this week – 11 May 2018
In our weekly roundups, the encompass team take you through all the breaking news on Know Your Customer (KYC), compliance and financial crime, keeping you informed at all times. This week, we take a world tour of financial crime news, react to Google’s...
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the full picture, this week – 4 May 2018
In our weekly roundups, the encompass team take you through all the breaking news on Know Your Customer (KYC), compliance and financial crime, keeping you informed at all times. This week, we look at the introduction of a UBO Register for Crown...
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