KYC and Payment Services.
The challenges of KYC KYC (Know Your Customer) refers to the process by which financial institutions and payment services verify the identity of their customers and collect relevant information to reduce the risk [...]
KYC policy; more than files in order
Reduction in regulatory burden for smaller organizations not expected Last week (May 17, 2023), the House of Representatives was briefed on the "status of the policy agenda to address money laundering. One of [...]
Useful feedback from the AFM for investment fund managers?
Only narrowly satisfactory for investment fund managers Investment fund managers recently received a narrow enough rating from the Financial Market Authority (AFM) for compliance with the Money Laundering and Terrorist Financing (Prevention) Act [...]
Homework from the AFM!
The Financial Markets Authority (AFM) recently concluded, following its own exploratory research, that there is still much work to be done when it comes to the reporting of the impact of climate change and [...]
KYC-CDD 2.0
Three key challenges KYC/CDD process Getting a business account opened quickly or an investment account opened for a prospect is often out of the question. Especially when it involves aorganization that operates in [...]
Regulatory burden under control with DEX Regulatory Suite
Many regulatory changes expected again in 2023 It can hardly have escaped anyone's notice; the amount of directives and regulations that have poured over the financial sector in recent years. According to the [...]
