Expanding our reach
June 22, 2019
We’re proud to announce an expansion of our partnerships and teams in the Caribbean and Singapore. IBIS Management Associates is the representative for i-KYC’s products and services in the Caribbean.…
Is digital onboarding really the issue?
June 22, 2019
In a recent study, published in Finews Asia, banks responded that digital onboarding is still a challenge. You can find the full article here This conclusion is hardly a surprise but from a pragmatic…
The impact of the Wolfsberg Group on training
June 22, 2019
Recent amendments to the well known Wolfsberg Questionnaire mean a bigger impact for more financial institutions, specifically regarding the training that a bank provides for all its staff. The…
Q1 2019 Trend Letter
March 29, 2019
With great pleasure we present to you our quarterly update on developments in the field of financial crime prevention. In this edition we will focus on the following topics: Rolf van der…
Handling security issues in different cultures
March 24, 2019
By Fernando Lanzer A useful way of analyzing security issues that are handled across different cultures is offered by looking at them through the prism of Huib Wursten’s Mental Images, a framework…
RegTech – Miracle or Myth?
March 21, 2019
RegTech is a concept that creates a lot of buzz and holds many promises. Many players join the bandwagon; advisors, lawyers, risk managers and consultants all have an opinion and try to contribute…
The Dirty Politics of Money Laundering
March 14, 2019
In the struggle against money laundering in Europe, the score is now: EU member states 2, EU Commission 0. After succumbing to pressure from EU member states in compiling a list of uncooperative tax…
Why you need an LMS
February 20, 2019
With all regulations, controls, inspections and audits, it is no longer enough to provide training; it is also required to demonstrate that all (relevant) staff have done all required training…
The compliance function at an inflection point – Views on the McKinsey benchmark
January 17, 2019
In McKinsey’s 2018 compliance benchmarking survey (click) 5 conclusions are drawn from the analysis among 24 leading banks: Compliance spending growth is slowing Size and effectiveness of the…
A Case for Crypto KYC for Initial Coin Offerings (ICOs)
December 19, 2018
For some years now, regulators have chosen to ignore, prohibit or downplay the rise of crypto companies worldwide. Some early government adoptions came from the Swiss and Estonians in Europe and…