Articles

B2B Sales & Marketing,

Compliance

Why Red Flag Alert is the Perfect Tool for Accountants

Accounting and Auditing firms face the same issues as many other companies – namely, how to ensure they have a steady stream of customers, and how to avoid business risk. Red Flag Alert is a solution that can help Accountants source new business and remain compliant. Let’s dive in to find out how.

Compliance

What Is a MLRO?

by Red Flag Alert

A money laundering reporting officer (MLRO) is an employee appointed to oversee a firm’s compliance with anti-money laundering (AML) regulations and to alert the company where there is knowledge or suspicion of money laundering.

Compliance

What Is the PEPS and Sanctions Screening Process?

by Red Flag Alert

On 12 July 2022, the UK’s National Crime Agency (NCA) issued a red alert to UK companies.

Compliance

What is a KYC Check?

by Red Flag Alert

If your business works in a regulated industry, or if you deal with high-value transactions, then you need to conduct know your customer (KYC) checks on clients.

Compliance

The Beginner’s Guide to Cutting AML Compliance Costs

by Red Flag Alert

The soaring cost of AML compliance has caused many businesses to review their current strategy and seek ways to reduce expenditure, or at least slow the growth of the budget necessary to stay compliant and meet current regulations.

Compliance

Anti-Money Laundering Regulations - A Guide for Beginners

by Red Flag Alert

Anti-money laundering (AML) regulations refer to rules and laws enforced to stop illegally obtained monies being processed in such a way as to appear legitimate.