Category: Compliance

There are a number of myths that make compliance unnecessarily difficult. In this article, we disprove the two most frequently heard misconceptions about compliance.

After the introduction of the Fourth Anti-Money Laundering Directive, the problem surrounding money laundering and the financing of terrorism still proved to be considerably large. This was reason enough to introduce a fifth Anti-Money Laundering Directive.

Benefits of The New Compliance is applicable to different departments. For example, the sales and purchasing department can easily screen third parties. Read how we use a scoring model to achieve a Happy Flow in this infographic.

Een interview met Business Development & Partnership Manager Mike van Kessel

Changing companies and executives, changing laws and sanction lists, shrewd (white-collar) criminals, pressure to drive revenue growth: your compliance team is creaking under the challenges.

What are the latest legislative developments on money laundering, corruption and forced labor?

On the compliance front, you are faced with a choice as a company. Do you go for a check in the box and choose a reactive compliance strategy? Or do you do more to stay out of shadowy issues like corruption, child labor and environmental crimes?

The checklist from the Financial Intelligence Unit (FIU) Netherlands consists of 72 handles and pointers to help detect corruption.

Our leading compliance solution, indueD, can help you achieve the unthinkable: manage the complexity of compliance while achieving ethical business growth. And do it all in a cost-effective way.

Perhaps the biggest challenge within your KYC process is determining the ultimate stakeholder - or Ultimate Beneficial Owner (UBO). How do you gain insight into an organization's entire family tree without slowing down your KYC process?

Thanks to real-time data, you can make decisions based on daily reality. In this way, you gain valuable signals for processes such as know your customer (KYC) and anti-bribery and corruption (ABAC).

How can you simultaneously facilitate business growth, achieve a more efficient compliance function, stay compliant and avoid risk? The solution is a smart combination of external data and specialized software.