Regulated entities – including PSPs, VASPs, investment platforms, and trust companies – must meet rising KYB and AML expectations. This article highlights emerging requirements across the UAE, UK, EU, Singapore, and U.S.
In 2025 and beyond, firms must demonstrate robust KYB controls, real-time screening, and jurisdictional audit readiness – especially as rules evolve in key markets like the UK, UAE, and EU.
Emerging Global AML Requirements for Regulated Entities
United Kingdom
- Regulators: Companies House, FCA
- Shifts: Mandatory KYB and identity verification for directors and PSCs; AML registration and sanctions screening under MLR 2017
United Arab Emirates
- Regulators: CBUAE, DFSA, VARA, ADGM
- Requirements: Risk-based onboarding, KYB for corporate clients, Travel Rule compliance, UBO discovery, and localized data handling
European Union
- Regulators: AMLA (in development), national competent authorities
- Shifts: 6AMLD mandates KYB, UBO transparency, risk scoring, and centralized reporting; MiCA introduces crypto-specific controls
Singapore
- Regulator: MAS
- Requirements: CDD/EDD obligations, sanctions list monitoring, transaction screening, and UBO tracking for regulated businesses
United States
- Regulators: FinCEN, SEC, CFTC, state agencies
- Shifts: BOI reporting under the Corporate Transparency Act; mandatory KYB and AML controls for regulated financial service providers
Compliance Challenges for Regulated Entities
1. Overlapping Regulatory Bodies
Firms often face scrutiny from sector-specific and national agencies.
2. Diverging Standards
KYB requirements vary across regions, and privacy rules complicate data handling.
3. High-Risk Clients and Transactions
Cross-border payments and digital assets raise red flags.
4. Legacy Compliance Systems
Siloed tools delay onboarding and lack real-time visibility.
iComply: Leading KYB Compliance Software for Global Entities
iComply enables regulated firms to standardize and scale AML workflows across jurisdictions with modular tools and built-in localization.
1. KYB + KYC Automation
- Verify entities and individuals using real-time registry, document, and biometric checks
- Visualize UBO networks and flag nominee ownership
- Encrypted edge processing for global data privacy compliance
2. KYT + Risk Monitoring
- Monitor transactions for suspicious patterns or volume anomalies
- Score risk based on client type, geography, and transaction behaviour
- Trigger escalations and audit-logged alerts automatically
3. Centralized Case Management
- Unify screening, onboarding, and regulatory review workflows
- Track every decision, flag, and escalation in one dashboard
- Export formatted reports for FinCEN, FCA, AMLA, and MAS
4. Deployment + Localization
- Deploy on-prem, in private cloud, or across multiple regions
- Jurisdiction-specific policies, thresholds, and audit trails
- Seamless integration with banking, CRM, and identity tools
Case Insight: DIFC-Based Corporate Services Firm
A UAE-regulated corporate services firm implemented iComply’s KYB software to unify compliance across business clients:
- Cut onboarding time by 70%
- Automated UBO and sanctions monitoring
- Passed DFSA audit with zero deficiencies
As KYB expectations evolve globally, regulated entities must modernize fast. iComply’s compliance software simplifies onboarding, standardizes audit preparation, and supports confident cross-border operations.
Talk to iComply to see how our KYB compliance software helps PSPs, VASPs, and financial institutions stay compliant—no matter where they operate.
