FinCEN Final Rule
Preparing for the FinCEN Final Rule

The March 15 deadline for FinCEN’s final rule is fast approaching. Is your business prepared to comply with the new expectations? This blog highlights the key considerations to be aware of in evaluating your current due diligence program. Recognize AML …

financial crime compliance cost
What’s Driving Your Compliance Costs?

LexisNexis Risk Solutions recently released our much-anticipated 2020 True Cost of Financial Crime Compliance Study. We’ve been sponsoring this study annually for several years, which allows us to explore trends and changes in-depth and develop an understanding of how market …

Achieving a Proactive and Cost-Effective OFAC Sanctions Compliance Strategy

As the penalties for the Office of Foreign Assets Control (OFAC) enforcement actions continue to escalate, its scope has expanded beyond Financial Institutions (FIs) to now impact organizations across every industry. Despite a temporary slowdown, non-FIs cannot afford to back …

Recognizing and Combatting the True Cost of Financial Crime Compliance

Financial Institutions (FIs) across the globe are facing the perfect storm in their ongoing quest to combat financial crime. As technology removes global commerce barriers, the opportunities for cross-border money laundering and financial crime soar. When coupled with heightened and …