Blogs
Factors of Conducting Enhanced Due Diligence
Are your KYC protocols and practices set up for success in 2023? As we settle into the new year and face the ever-evolving world of online business, now more than ever before companies and financial institutions should prepare and implement strong Anti-Money...
Reviewing the Travel Rule for Virtual Assets: What You Need to Know
With virtual assets and decentralized financial exchanges continuing to make headlines in 2022, many countries are aiming to implement more compliance advancements in the coming years. Reviewing the Financial Action Task Force (FATF) Travel Rule and related virtual...
Protect and Streamline Your Business with iComply’s EDD and KYC Software
Does your organization have adequate safeguards in place to circumvent fraud and uphold evolving money laundering legislation? Know Your Customer (KYC) and Customer Due Diligence (CDD) protocols are essential to avoid unnecessary risks and stay compliant with...
Corporate Due Diligence: Putting the KYB in KYC
Do you know who you’re doing business with? Corporate due diligence, Know Your Business (KYB), and Know Your Customer (KYC) protocols are essential safeguards against money laundering, fraud, and misappropriation of funds for criminal purposes. From onboarding new...
Uncovering the Risks of Synthetic Identities
Meet “Joe Smith”, your suspiciously-good-on-paper prospective client applying for a line of credit. While many of Joe’s details seem to be tied to real documents like a valid Social Insurance or Social Security Number (SIN/SNN), address, and (of course) a glowing...
Stepping Up Your AML Practices in 2023
As we ease into 2023 and reflect on the ever-evolving world of digital security, there’s no denying that fraudsters have become incredibly advanced in their approach—an estimated 90% of money laundering crimes still go undetected—making AML protocols more important...
Q3 2022 Regulatory Updates
Regulatory actions and industry updates from financial authorities and regulators around the globe in Q3 2022
Protecting Digital Assets with KYC
Are your KYC protocols set up to protect your customers and your digital assets? With the digital world constantly evolving and new assets entering the market, ensuring that your due diligence and identity verification platforms are up to current regulations is...
Common Challenges Facing KYC Protocols
Do you have the right processes and protocols in place to protect against fraud, money laundering, and the many other risks that come with operating in today’s market? Know Your Customer and Customer Due Diligence, otherwise known as KYC and CDD, play a major role in...
FBI Concerned About Money Laundering Risks in Private Equity Transactions
Leaked report highlights FBI’s growing attention towards private sector AML risks with advice for corporations to ensure proper due diligence
500 Estonian Crypto Companies Lose Permits After $220B Scandal: Expert Review
Our latest expert insights with Kevin Murcko of CoinMetro delves into the money-laundering scandal of Scandanavian banks and how Estonia VASPs are affected
Coinsquare Charged with Violating Securities Laws
Ontario Securities Commission (OSC) charges Toronto-based crypto asset trading platform Coinsquare with violating Ontario securities laws
Facebook’s Second Take at Digital Currency: A Review of the Newly Renamed Novi Blockchain Division
Our latest expert insight with Andrew Bull of Bull Blockchain Law reviews Facebook’s relaunching of their digital currency Libra as newly renamed Novi
Wonderful Wealth Group Convicted for Unlawful Dealing in Securities
Former officer of unregistered HK asset manager Wonderful Wealth Group fined $20,000 for unlawful dealing in futures contracts and asset management
QuadrigaCX: A Review by Staff of the Ontario Securities Commission
Our latest expert insight with Ross McKee of McKee Law shares insights into the Ontario Securities Commission staff review of the QuadrigaCX investigation
Telegram to Pay US$18.5 Million Penalty Over Unregistered TON Offering
Messaging app company Telegram has agreed to pay a civil penalty and return US$1.2 billion to investors in order to settle charges from the SEC
SFC Fines Guotai Junan Securities in Hong Kong for AML breaches
HK brokerage company Guotai Junan fined US$25.2 million for failing to comply with anti-money laundering and terrorist financing regulations
SEC Takes Emergency Action Against High Street Capital ICO
The US regulator charges Pennsylvania-based ICO issuers at High Street Capital with violating the antifraud provisions of federal securities laws
Networks of Trust: How Digital Identity Can Solve Key Barriers to Transformation in Financial Services
Join our live fireside chat to learn how digital identity can solve key challenges in the transformation of the financial services industry.
FCA Fines Commerzbank for Failing to Comply with AML regulations
UK regulator Financial Control Authority fined major German bank Commerzbank over £37 million for failure to implement proper AML and KYC procedures
Digital Securities: 2020 & Beyond
Join our webinar to learn about the state of digital securities, and the benefits and pitfalls of structured financial instruments on public blockchains.
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