Compliance Software, Launchpads 10 Key KYC Considerations for Crypto LaunchpadsCrypto Launchpads are an integral component of the growing crypto industry and are also vulnerable to the range of dangers facing the broader industry. By ensuring that all users have been properly vetted through robust KYC processes, Crypto Launchpads will be able to protect themselves from potential fraud, regulatory sanctions and fines further along the line. 3 Feb 2023
Compliance, Europe, Privacy, Regulation New European Privacy LawsAll of us have a deeply ingrained need for privacy. The notion that every aspect of our lives should be subject to public scrutiny is appalling to most of us. We need time and space to exist on our own. 3 Jul 2019
AML, Compliance, GDPR, KYC, Privacy What Is The Right To Be Forgotten?We all know that the internet never forgets. Once something is posted online, it remains there forever. But what happens when you google your name and outdated, embarrassing news appears in the search results? This is what happened to Mario Costeja Gonzalez, who subsequently sued and took his case all the way to the European Union’s Court of Justice. 29 Jun 2019
AML, Blockchain, Compliance, KYC, Money Laundering The 5 Largest Money Laundering Scandals of All Time…So FarMoney laundering has been around pretty much since money was invented. While governments and international agencies have strived to do more and more to prevent it from happening, there have been some unbelievable cases over the years. It is estimated that approximately $2 trillion is laundered every year, but we wanted to highlight some of the biggest cases of all time. 25 Jun 2019
AML, FinTech, KYC, RegTech What is an Ultimate Beneficial Owner (UBO)?Compliance requirements are continuously evolving, with new anti-money laundering acts being passed every year. The onus is on businesses of all sizes to keep pace with the ever changing regulatory landscape. 24 Jun 2019
AML, CDD, Compliance, EDD, KYC What Is Customer Due Diligence (CDD)?Customer Due Diligence is an evolving process of assessing the risks posed by customers. Anti-Money Laundering (AML) and Know Your Customer (KYC) legislation stand at the heart of modern due diligence procedures. 13 Jun 2019
AML, Compliance, KYC Anti-Money Laundering Acts — 3 You Need To KnowNew legislation designed to fight international money laundering is being passed almost every year. As a business owner you might be getting overwhelmed by the constant flow of new acts imposing sweeping AML requirements. 13 Jun 2019
AML, Compliance, KYC 5th AML Directive — EU Anti-Money Laundering DirectiveThe European Parliament regularly passes Directives, which are forms of legislation “directed” at the 28 member states. They typically focus on results, allowing each country to define the best path to success for their jurisdiction. 7 Jun 2019
AML, Compliance, KYC, Sanction Screening What are AML Sanction Screenings?Sanction screenings have become an integral part of anti-money laundering (AML), know your customer (KYC) and counter-terrorist financing (CTF). They are designed to protect businesses from high-risk customers, helping to ensure the integrity of the global financial system. 4 Jun 2019
AML, CTF, FATF, KYC What is the Financial Action Task Force (FATF)?In 1989 the G-7 established the Financial Action Task Force (FATF) in order to help fight the rising tide of international money laundering. Importantly, FATF cannot pass legislation, but instead provides a framework, which the 38 member states try to implement. 27 May 2019