KYC and financial crime rules boost World-Check One

Thomson Reuters vetting database gains tech award from Asia Risk

Kristen Tiner, Thomson Reuters

As authorities around the world bear down on financial crime and the funding of terrorism, financial institutions face a significant challenge in meeting regulatory requirements to investigate and monitor all of the organisations and individuals they deal with. Global and local know-your-customer (KYC) rules, anti-money laundering and counterterrorist measures mean organisations must not only check many sanctions lists before engaging with an entity, but also continue to screen their status over