Risk Assessment United Kingdom 23 Jan 2024 • 9 min read Regulatory penalties in 2023: common compliance challenges Preventing the use of the legitimate financial system to launder the proceeds of crime continues to be a priority area for the UK’s Financial Conduct Authority (FCA).1 As an authorized firm, you’re...
Risk Assessment Blog post 08 Nov 2023 • 5 min read The business-wide risk assessment's ability to orchestrate soloists and harmonise risk management Introduction In the world of risk management and financial crime prevention, orchestrating an effective financial crime defence strategy is essential to maintaining the integrity and stability of a...
Risk Assessment 16 Oct 2023 • 9 min read Diagnosing the state of financial crime effectiveness, identifying the vitamins needed In this blog I discuss the hangovers experienced by financial crime professionals; the drivers behind the symptoms; and whether the industry needs more painkillers (controls) or instead a more...
Risk Assessment Money Laundering Terrorist Financing Blog post 31 Jul 2023 • 10 min read How competent authorities can enhance their risk assessments Background and Purpose The European Banking Authority (EBA) have recently published a report assessing the AML/CFT supervision approach of twelve Competent Authorities (CAs) [EBA/REP/2023/20]....
Risk Assessment Blog post 20 Jun 2023 • 3 min read Reimagining Financial Crime Risk Assessments: How Acuminor's Risk Assessment Platform Saved a ... In the ever-evolving financial landscape, a small national bank in the Nordics found a trailblazing solution to handle the complex demands of financial crime risk assessments - Acuminor's Risk...
Risk Assessment Risk Assessment Pro Blog post 12 Jun 2023 • 3 min read Leveraging risk assessments for customer satisfaction In the complex and fast-paced financial environment of today, financial crime is a daunting challenge that threatens the stability, reputation, and economic health of banks and other financial...
Risk Assessment Compliance Blog post 30 May 2023 • 3 min read The future of fincrime compliance: threat and risk analysis As financial ecosystems become more interconnected and complex, complying with regulatory demands and actively preventing financial crimes has become a monumental task for financial institutions. As...
Risk Assessment Blog post 29 May 2023 • 6 min read Responding to threats: start with understanding and assessment.
Risk Assessment Blog post 08 Feb 2023 • 5 min read Do More with Less: Business Wide Risk Assessment In the current challenging economic environment, many institutions will be reviewing their spending and will try to make sure that every cent is being invested wisely. Meanwhile, history tells us...
Risk Assessment Blog post 19 Jun 2022 • 5 min read Top 5 pain points for financial crime risk assessments Over the last year, Acuminor have spoken to hundreds of regulated institutions about their financial crime risk assessments.
Risk Assessment Money Laundering Compliance Terrorist Financing Acuminor News 25 Apr 2021 • 1 min read Leading global car leasing company signs agreement with Acuminor We are delighted to announce we have signed an agreement with one of the foremost global car leasing companies, who have partnered with us to help support their financial crime risk management.
