KYC Insights

Insights

Customer screening and risk compliance are constantly changing. Stay up-to-date with the latest news, get insights from our experts, and learn best practices.

January 18, 2022

Six crucial facts you need to know about modern slavery

For companies operating in the global marketplace, especially those with large and diverse supply chains, the risk of inadvertently being involved with or implicated in modern slavery might be far greater than you realize.

January 14, 2022

Modern Slavery: A Financial Crime, A Global Humanitarian Crisis

The Situation Modern slavery is a worldwide, profit-motivated problem that enslaves people from all walks of life and generates billions in illicit funds each year.

January 7, 2022

Drivers of risk trends in modern slavery and human trafficking

A brief overview of a combination of global changes transform the data ingested into our GRID database, therefore changing modern slavery-related alerts to our customers.

December 15, 2021

What's the difference between KYC and AML

It’s important for all companies in the financial sphere to understand AML KYC compliance solutions. But what do AML and KYC stand for, why are they important, and how do we use AML KYC compliance solutions to protect the world’s financial systems?

December 3, 2021

Roadmap to next-generation KYC

Moody’s Analytics KYC and compliance capabilities are expanding, delivering innovation and efficiencies to customers.

December 1, 2021

Modern slavery: how to root it out of the supply chain

Organizations are increasingly fighting modern slavery in supply chains, thanks to a decade of regulatory momentum. How can you eliminate parties connected to modern slavery from your network?

November 12, 2021

Modern Slavery: A Financial Crime, A Global Humanitarian Crisis

The Situation Modern slavery is a worldwide, profit-motivated problem that enslaves people from all walks of life and generates billions in illicit funds each year.

October 11, 2021

Pandora's box is open

The Pandora Papers have ignited a powerful response that has been felt around the world since their publication on 3 October 2021. Governments and the global financial community are reading the Papers with interest, looking for insights and intelligence.

October 1, 2021

Modern slavery: beyond reputational risk

A recent surge of new modern slavery regulations has pushed financial institutions to update their compliance structure with an eye toward both legal obligations and risk management. Modern slavery screening is now about more than reputational risk.

October 1, 2021

Transparent trade

This white paper covers the latest thinking on beneficial ownership, power and control. Find out how beneficial ownership can differ from ‘control’, how recent changes in regulations are affecting due diligence and how company ownership data can help you protect your company.

October 1, 2021

What is a PEP?

In the financial regulation industry, PEP stands for politically exposed person. It’s crucial for financial institutions to adhere to financial PEP regulations to prevent money laundering and terrorism financing. Read on to learn what a PEP is, how to screen for PEPs, and who qualifies as a PEP in anti-money laundering and combating the financing of terrorism.

October 1, 2021

BSA AML Compliance

A 1970s law with current day ramifications. Learn about how BSA/AML compliance protects your organization

October 1, 2021

Put more PEP in your step

In this paper, you’ll find answers to many of the questions currently being posed by compliance professionals and some additional context looking at the procedural but also the practical implications.

October 1, 2021

Sanctions screening: Navigating today’s connected risk

The paper urges us to look beyond sanctions lists to find a growing number of connected and emerging risks.

October 1, 2021

12 Lessons from one trillion screens

As of January 2019 we've performed one trillion screens for financial, FinTech and Fortune 500 clients. Here we share the lessons learned along the way.

Organized crimed disorganized compliance

One widely quoted estimate by the International Monetary Fund places the aggregate size of money laundering in the world at between two and five percent of global GDP1. And while the illicit nature of money laundering means no precise statistics are available, it is fair to say that bad actors have traditionally had the upper hand.

Customer due diligence explained

Customer due diligence, or CDD, is the process of verifying customers’ identities and assessing their financial situations to understand their potential risk of involvement with financing crimes. The customer due diligence rule, also known as the CDD Final Rule, declared that a comprehensive set of risk-based customer due diligence policies are a pillar of a strong BSA/AML compliance program. Anti money laundering customer due diligence is one of the first roadblocks to financial crimes.