beneficial ownership Articles and News from Corporate Compliance Insights

If your business activities take place in the U.S., you need to be doing OFAC screening. Michael Volkov offers five ...

Refinitiv Unwraps Beneficial Ownership and Vessel Data to Support Improved Risk Management

July 24, 2019

Integration of data from Dun & Bradstreet and IHS Markit Maritime and Trade within World-Check One creates formidable resource in ...

businessman with question mark over his face

How Shell Companies Might be Circumventing FinCEN’s Beneficial Ownership Rule

by Ola Tucker

July 5, 2019

FinCEN issued the final rule on customer due diligence on the heels of the Panama Papers scandal, and we’re now ...

broken chain repaired with green string on white background

ESG Screening Underscores Challenges in Third-Party Risk Management

by Brian Alster

June 5, 2019

Nearly half of compliance and procurement professionals find it difficult to identify environmental, social and governance within customer due diligence ...

5MLD – So, How Well Do You Really Know Your Customers?

by Kelvin Dickenson

May 21, 2019

With Europe’s fifth AML directive set for implementation in a matter of months, banks should be preparing now. Opus’ Kelvin ...

5 Ways AI is Impacting AML and KYC Compliance

by Niall Twomey

December 19, 2018

Revolutionizing the Fight Against Financial Crime Artificial intelligence (AI) has the ability to completely transform how banks perform anti-money laundering ...

AML Compliance: Spotlight on Nordic Banks

by Sujata Dasgupta

December 11, 2018

The Changing Landscape As AML regulations are getting more stringent globally, criminals are focusing on using countries with lowest risk ...

Common Pitfalls in Third-Party Due Diligence

by Daniel Wendt

December 5, 2018

5 Risky Mistakes Companies Make Third-party relationships result in a majority of FCPA resolutions and investigations. Dan Wendt, member at ...

small businessman being squeezed by giant businessman

Truth: Compliance is Difficult and Getting Harder

by Leila Szwarc

September 6, 2018

7 Reasons Compliance Teams Are Struggling How challenging is it to work in compliance these days? World-class compliance experts from ...

How U.S. Cities Fight Money Laundering

by Jay Ryan

May 2, 2018

Money Laundering Enters Real Estate In this article, Jay Ryan, Executive Vice President at Accuity discusses measures U.S. cities are taking to combat ...

Identifying and Verifying Ultimate Beneficial Owners

by Paul Charmatz

April 19, 2018

Getting the Full Picture, Fast Comprehensively identifying and verifying corporate hierarchies and ultimate beneficial owners (UBOs) has become increasingly important ...