AML/CFT & COVID-19 Briefing

COVID-19 is creating distress in many societies and economies across the globe. In recent weeks much information has surfaced on how organised crime is evolving to benefit from…


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Risk and Opportunities under COVID-19

The COVID-19 crisis, the lockdowns and travel restrictions have an immediate impact on peoples lives. Likely at least part of that impact will stay. Normal will no longer be what…


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EU Directive on Administrative Cooperation (DAC 6)

On May 25, 2018, the Counsel of the European Union has issued the Council Directive (EU) 2018/822 (DAC6). Member states will have adopted and published, by 31 December 2019 at the…


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Trade Based Money Laundering, Tax Evasion and Developing Countries

Trade-based money laundering (TBML) and tax evasion contributed to a nearly $9-trillion loss for developing countries between 2008 and 2017, according to a recent report published…


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2019 Q4 Trendletter

Season's Greetings! With this update, the i-KYC team is pleased to bring to your attention a selection of interesting developments in the field of financial crime prevention in…


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ABCs of ABC Program

ABC (Anti-Bribery/Corruption) is a cause that the entire world is fighting for. All countries, even the developed ones, suffer from the consequences of bribery and corruption to…


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The cost of compliance – again

It’s the end of yet another year full of fails in Financial and Economic Crime Compliance around the world. To name just one example, WestPac was in the news for 23 million…


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What banks can learn about compliance culture from Volkswagen, Novartis & Tenneco

Earlier this year, chief compliance officers from the world’s largest carmaker, Volkswagen AG, Swiss pharmaceutical giant Novartis, and U.S.-based auto parts manufacturer,…


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Reflections of a Seasoned KYC Specialist

i-KYC is pleased and proud to take this opportunity to put Arnold Hardick in the spotlight. At the age of 70 and with 45 years of hands-on international banking experience to his…


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Quarterly Trend Letter Q3

With this update the i-KYC team is pleased to bring to your attention a selection of interesting developments in the field of financial crime prevention in the third quarter of…


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