Insurers in The Philippines Blog
Insurers in the Philippines Under the AML Spotlight

After years of being considered relatively low risk for financial crime compared to the banking sector, insurers globally are increasingly being targeted by financial criminals and money launderers. As banks have strengthened their compliance processes and controls, criminals are looking …

FinCEN Issues Alert on Russian Sanctions Evasion
FinCEN Issues Alert on Russian Sanctions Evasion

Are You Leveraging Innovative Tools that Detect Location-Based Sanctions Evasion? Russia’s invasion of the Ukraine has prompted a flurry of sanctions activity in the past few weeks. On March 7th, the Financial Crimes Enforcement Network (FinCEN) issued an alert advising …

Explore highlights from the 2021 True Cost of Financial Crime Compliance Study
Tailor an Effective Response to Today’s Costly Compliance Climate

Annual financial crime compliance costs in the U.S. are up 95% for mid/large financial institutions since the beginning of the COVID-19 pandemic to a total of almost $41 billion according to the LexisNexis® Risk Solutions 2021 True Cost of Financial …