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 [...]
What do you mean, always HBO?
Demand for KYC/CDD remains high The demand for CDD/KYC analysts is still high and is expected to remain high in the coming years. People with a college degree who want to get started [...]
Duty of care breached by failure to report unusual transaction?
Financial institutions -and service providers, under the Financial Supervision Act and the Money Laundering and Terrorist Financing Prevention Act, monitor their customers' transactions. Unusual (proposed) transactions indicating money laundering, terrorist financing and/or fraud must [...]
Negative effects money laundering
From tick to spark; from compliant to socially conscious. The negative effects of money laundering do not affect the financial sector alone but all of us. Money laundering efforts in broader perspective posting [...]
