Skip to content

Download your free copy of the 2022 AML Industry Benchmark Report today!

Transforming risk assessment techniques

Arctic Intelligence | Arctic Intelligence Named Top 10 Innovators in Risk Management

Historically risk assessments have been subjective, inefficient, slow, and infrequent. Moreover, they are the cornerstone to any robust risk and compliance framework. Most GRC platforms do not provide the “know-how” or the content or the data-driven approach, resulting in organizations defaulting back to spreadsheets – until now. Bridging this gap is Arctic Intelligence, a company…

Read More

Money laundering reform recommendations for ‘gatekeeper professions’

Arctic Intelligence | Money laundering reform recommendations

On 30 March 2022, the Federal Senate Legal and Constitutional Affairs References Committee (Committee) released its report regarding the adequacy and efficacy of Australia’s anti-money laundering and counter terrorism financing (AML/CTF) regime. The Committee’s report focused on the implementation of an AML/CTF regime applicable to designated non-financial businesses and professions (DNFBPs) (often described as ‘Tranche…

Read More

Set them free

Arctic Intelligence | Ramp Up Your Modern Slavery Response

Ramp up your company’s response to modern slavery in 2022. For the first time, many directors are faced with the unfamiliar task of reviewing and approving their organisation’s modern slavery statement. The Global Slavery Index 2018 (GSI 2018) has estimated that on any given day in 2016, there were 15,000 people living in conditions of…

Read More

Weighing up the risk

Arctic Intelligence | Neo Advisory choose Arctic Intelligence to help clients with AML/CTF risk assessments

Organisations are switching to automated assessments of financial crime risks as regulators flag more rigorous scrutiny, says Darren Cade GAICD, CEO of Arctic Intelligence. Risk assessments have in the past been conducted via spreadsheets and based on subjective assessments of what staff perceive to be the likelihood and impact of a potential risk. “Regulators like…

Read More