Posts by Arctic Intelligence
EU update – January 2021
HMRC issues record £24million fine to MSB for anti-money laundering failures. Whilst this may not be significant when compared with fines issued by the likes of the FCA and FinCEN, this fine demonstrates the power that Her Majesty’s Revenue and Customs (HMRC) has to issue penalties to firms falling under their supervision for failing to…
Read MoreWhat we are hearing – January 2021
Happy New Year everyone… As we closed the chapter in 2020 and opened a new one for 2021, organisations are faced with trying to manage their businesses in possibly the highest risk and uncertain economic, political and financial environment of our generation – the time for resilience and strong governance, risk management and control has…
Read MoreNews in brief – January 2021
AMERICAS APAC EUROPE Follow us on LinkedIn and Twitter for a daily dose of financial crime news across the globe.
Read MoreCustomer insights – January 2021
Goodbye, 2020! Hello, 2021! We kicked off the year with a major update to the Risk Assessment Platform; our largest to-date. And work is underway on new features and enhancements for AML Accelerate. These updates reflect our continued focus on transforming risk assessment and compliance to be fast, easy, and comprehensive. Risk Assessment Platform v1.8…
Read MoreArctic Intelligence announced Australian Founded RegTech of the Year
Aussie scale-up Arctic Intelligence has won two out of six awards presented during the RegTech Associations annual awards ceremony (#ACCELERATERegTech2020), which celebrates best-in-class RegTech companies and individual founders. Follow us on LinkedIn and Twitter for a daily dose of financial crime news across the globe.
Read MoreCustomer insights – December 2020
Have you created your 2020 AML/CTF Program? If you have not yet reviewed and updated your AML/CTF Programs and ML/TF Risk Assessments for 2020, there is still time. With AML Accelerate it is very quick and easy to copy your last year’s AML Program to create your 2020 AML Program documents. Please see the easy-to-follow…
Read MoreEU update – December 2020
Vatican to revamp AML unit following the latest in a long line of scandals. The renamed Supervisory and Financial Information Authority (ASIF) functions include “supervision aimed at the prevention and countering of money laundering and the financing of terrorism,” Though the Vatican has had a history with allegations and cases of corruption, the changes made…
Read MoreWhat we are hearing – December 2020
As we near the end of 2020, a year that most would be happy to forget, this newsletter is focussed around some reflections on the year that was (not) and potential risk and compliance trends that we are predicting for the year(s) ahead… Looking back at 2020 Well January to March was pretty good, until…
Read MoreNews in brief – December 2020
APAC EUROPE NORTH AMERICA Follow us on LinkedIn and Twitter for a daily dose of financial crime news across the globe.
Read MoreGovernance and compliance with Anthony Quinn
The GRC Professional Podcast Speaks to the Anthony Quinn from Arctic Intelligence about the important role that Governance can play in a compliance program. Follow us on LinkedIn and Twitter for a daily dose of financial crime news across the globe.
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