Articles about Compliance

EU’s AMLD5 Is Not Enough

The last two years shook Europe with a wave of money-laundering cases brought forward against a number of big-name banks and financial institutions. Such a cascade demands serious attention and, worryingly, suggests that the EU’s regulatory frameworks for money-laundering prevention demand profound reform if they are to achieve lawmakers’ stated goals. With the fifth iteration of its AML directive, the EU is tightening the reigns, hoping to significantly curtail the illicit funneling of funds within its borders. But the actions may not be far-reaching enough.
EU’s AMLD5 Is Not Enough
Senior Hires at Bruc Bond as Firm Grows

Senior Hires at Bruc Bond as Firm Grows

Bruc Bond has strengthened its leadership team in its new Singapore office with the appointment of two C- suite executives, as the fintech continues to expand.
How AI Can Transform Compliance

How AI Can Transform Compliance

AI is providing a much-needed breathing room for banks looking to reduce the compliance burden. But can it replace human bankers, or will they stay with us for a while?

Five Ways to Prevent Internal Fraud

Internal fraud is a growing problem, costing us all $3.5 trillion each year. Here's how to keep your business safe.
Five Ways to Prevent Internal Fraud

Is it Time to Standardise Compliance?

The Berlin Group has taken initiative to streamline API standardization. It provides a powerful leadership force that should be considered by all sectors of finance. If more organizations could begin to take these initiatives in standardization processes, the global financial system would run more smoothly and ensure safety and clarity to businesses, merchants and customers alike.
Is it Time to Standardise Compliance?