News & Blogs

Enhanced due diligence

What is Enhanced Due Diligence? 

Enhanced due diligence (EDD) is a set of additional checks regulated firms must undertake as part of their Anti-Money Laundering (AML) requirements if a customer is identified as high-risk.  Effective…
Register of Overseas Entities

Register of Overseas Entities Reaches 30,000 Entries 

The UK’s Register of Overseas Entities (ROE) has received more than 30,000 registrations since its inception, the government has revealed.  The Register, which is administered by Companies House, came into…
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National Audit Office Publishes Report into FCA

The UK’s independent public spending watchdog, the National Audit Office (NAO), has published its report into the effectiveness of the Financial Conduct Authority (FCA) amid concerns about the financial regulator’s…
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AML Compliance Audits: What to Expect

It is a regulatory requirement for most businesses operating in the regulated sector to carry out an ‘Independent Audit of Anti-Money Laundering (AML) Policies, Controls and Procedures’ to comply with…
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Identity Fraud Cases at All-Time High

Identity fraud is now one of the biggest fraud threats to the UK public, with cases soaring by nearly a quarter over the last year, recent figures show.