Compliance
What Is the PEPS and Sanctions Screening Process?
On 12 July 2022, the UK’s National Crime Agency (NCA) issued a red alert to UK companies.
Compliance
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
Any UK business that does not take an interest in the ultimate beneficial owners of its clients is in danger of non-compliance with the UK’s anti money laundering (AML) regulations and customer due diligence standards—and non-compliance with these regulations is a criminal offence.