Compliance

How Mobile Solutions May Help Address Slipping Corporate Travel Policy Compliance Sabre Corporation has published the results of its “2017 Asia Pacific Corporate Traveler Study,” identifying two major trends driving business travel in the region: an increased emphasis on mobility and a growing concern over non-compliance. The company surveyed corporate travel professionals across 19 markets in the Asia Pacific region, ... Read More »

The upcoming new European privacy legislation is causing increasing market turmoil: many SMEs are becoming increasingly aware of its large impact and fear high fines if they fail to implement the rules on time. However, is this panic justified? The implementation of new legislation always implies the search for a new social balance. This requires time and is done in ... Read More »

Thomson Reuters unveiled a new collaboration today which will see Deloitte become an implementer for Thomson Reuters market-leading ONESOURCE Statutory Reporting software to assist finance departments streamline financial reporting processes, helping them to save time, improve accuracy and remain compliant. The collaboration is an extension of Thomson Reuters expanding global relationship with Deloitte and a first of its kind in ... Read More »

Business and personal insolvency experts, Fortis Insolvency, has selected encompass verify to support and enhance their Know Your Customer (KYC) compliance processes. Manchester based Fortis Insolvency provide advice and support to business and individuals across the north-west who may be facing financial and operational issues.  The only provider of simultaneous, real-time access to multiple sources of global company and person data, encompass is the creator of KYC ... Read More »

encompass has appointed Amy Bell, of Amy Bell Compliance, as industry advisor to advise on encompass verify, next generation AML and KYC software for legal and accountancy. Chair of the Law Society’s Money Laundering Task Force, Amy worked for many years as a solicitor before moving into compliance and eventually launching her own firm. A leading figure helping law firms adapt to the ... Read More »

Encompass has appointed Jon May, former CEO of market leading KYC utility, kyc.com and global head of Regulatory and Compliance Managed Services at IHS Markit, and Yasmeen Jaffer, former Managing Director and Global Head of Business Development at IHS Markit, as industry advisers. Jon is currently CEO, and Yasmeen, Partner, of the KYC, Regulatory and Compliance FinTech firm, JJCFinTech. During his time as ... Read More »

TruNarrative, a global provider of fraud, identity and compliance solutions, continues its growth in Asia with confirmation of entity and office set-up in Hong Kong. The office is located in the Cyberport development in Hong Kong, home to over 900 digital technology companies. This follows hot on the heels of the opening of the Singapore entity and office. TruNarrative will serve many ... Read More »

TruNarrative, one of the global providers of fraud and compliance risk solutions, has partnered with Creditsafe, the global business intelligence experts, to synchronise their data and provide unparalleled KYC, AML and fraud protection to businesses all over the world. Creditsafe’s global database is one of the most rapidly expanding in the industry and one of the most comprehensive. Each day, ... Read More »

Several top global banks have made it into the press again — for the wrong reasons, reasons to do with international money laundering schemes. From facilitating trading with companies in sanctioned countries, to moving cash for Russian launderers to channeling Mexican drug money, these banks were caught and assessed steep fines by regulators. Even worse is the reputational damage. These ... Read More »

Callcredit Information Group and DueDil have partnered to launch KYC for Business – an enhanced KYC (know your customer) service. The new KYC for Business service will offer clients the combination of two best-in-class services via one single enquiry, helping to streamline any business customer checks they need to perform whilst ensuring they are compliant. Clients of the service will be able to perform ... Read More »

Leading compliance data enablement platform, encompass corporation, has appointed Paul Charmatz as Managing Director to focus on their go to market strategy. Paul joins encompass from Avention OneSource Solutions, which was recently sold to Dun and Bradstreet. Previously Senior Vice President, International and Global Head of Financial Services, Paul led the global strategy in the aggregated data compliance space, securing banks in London, New ... Read More »

Only 22% of companies are addressing child labour concerns in the supply chain, while only 23% are actively tackling climate change. The results of a new survey of business executives makes for sobering reading, given that there are more than 150 million children engaged in child labour around the world, and that scientists are predicting environmental Armageddon if carbon reduction ... Read More »

Encompass’s search for excellence brought it half-way round the world to Glasgow. It perhaps wouldn’t be the most obvious switch, but BIIA member Encompass Corporation have made the move from Sydney, Australia, to Glasgow, Scotland. One of the principle reasons for the move has been the support and assistance offered to encompass by Scotland’s Economic Development International. It is two ... Read More »

Encompass Corporation, creator of Know Your Customer (KYC) software for banking, finance, legal and accountancy, announced that it is teaming with FactSet, a global provider of integrated financial information, analytical applications, and industry-leading services. The combination of FactSet’s data solutions and Encompass for KYC purposes enables truly global coverage for KYC and beneficial ownership checks. FactSet’s Data Management Solutions (DMS) ... Read More »