Financial Inclusion
March 20, 2018
The World Bank estimates[1] that two billion people, almost one third of the global population, are unbanked or underbanked. This group has either no access to financial services or must rely on…
Trend Letter Q4 2017
January 16, 2018
As 2017 draws to a close, we look back on another interesting Financial Economic Crime prevention year. The coming into force of the 4th EU AML Directive, the release of the Paradise Papers and…
MiFID 2 and Deceptive Advertising
December 19, 2017
MiFID 2; Investor Protection and Fair Advertising Rules. Many details concerning the MiFID 2 regulation have yet to be clarified by ESMA and AFM the coming months as a part of the “Level III”…
KYC is not a project – five points to get right
December 18, 2017
inancial institutions continue to be fined for failures to comply with AML/CFT regulations and continue to fail in remediation of these errors. See for instance this article…
Offshore Financial Centres – Dogs May Bark But the Caravan Moves On
December 12, 2017
Tax Optimisation & Offshore Financial Centres: Dogs May Bark, But the Caravan Moves On, Part 2[1] One of the interesting aspects in the current discussion about multinational corporations and…
The ugly truth about compliance and…..what to do about it
December 1, 2017
This article 7 ugly truths for compliance officers is not new but the observations still hold. Compliance is not a favorite topic for many in financial institutions and it’s still extremely hard ‘to…
Q3 Trend Letter
September 29, 2017
We are pleased share with you the third i-KYC Trend Letter for 2017. In this quarter’s publication, we bring the following Financial Economic Crime insights and developments to your attention. Will…
RegTech in Asia Pacific
September 27, 2017
RegTech is a buzzword that’s used more and more often. Essentially it is a field in which technology companies, (financial) institutions and regulators cooperate to use technology – think big data,…
The Far-reaching Impact of Corruption
September 26, 2017
The first-ever household survey on bribery in Nigeria, launched recently in Abuja, revealed the scope and impact of bribery on citizens when in contact with public officials. Conducted by UNODC and…
Trade Based Money Laundering Update: A Solution is in the Air.
September 26, 2017
Over the years, banks have become more savvy about detecting and preventing money laundering and terrorism financing. Better education and awareness, policies and technology have successfully closed…