Press Release 21st Sep 2023 SmartSearch takes the risk out of risk assessments Leading digital compliance provider SmartSearch has added a new ‘risk assessment’ service to its recently enhanced platform.
Whitepaper 26th Jul 2023 AML best practices for Financial Institutions To launder their money, criminals need to use legitimate businesses – these include law, property, gaming and gambling firms as well as insurance and investment companies – basically any business that deals with client money. But one of the most common targets for money launderers is banks and financial institutions. Money launderers use a wide array of tactics to clean their cash via banks and financial institutions – from setting up shell companies from which to transfer funds into UK banks, to getting ‘mules’ to deposit dirty cash in low volumes, which then is moved around the world – through the banking system. Due to the vulnerability of the banking sector – and its critical importance to the stability, security and prosperity of the entire economy - the financial services industry is one of the most highly regulated sectors in the UK in terms of anti-money laundering (AML) rules. Send me the whitepaper https://8585742.fs1.hubspotusercontent-na1.net/hubfs/8585742/UK%20Whitepapers/AML%20best%20practices%20for%20Financial%20Institutions.pdf
Press Release 12th Jul 2023 Fighting FinCrime: How are FSIs using technology to crack down on money laundering?
Whitepaper 27th Jun 2023 Triple Bureau reliability - ‘The gold standard of AML & KYC’ Digital compliance specialist SmartSearch has recently become one of only two providers in the UK to offer triple-bureau reliability. This means it now uses the data from three credit reference agencies within its award-winning anti-money laundering (AML) and Know Your Customer (KYC) platform, securing its position as ‘the gold standard of AML & KYC’. In this Whitepaper we will explore what this update means, how it has been achieved, and why it is so important. Send me the whitepaper https://8585742.fs1.hubspotusercontent-na1.net/hubfs/8585742/UK%20Whitepapers/Triple%20Bureau%20reliability%20-%20%E2%80%98The%20gold%20standard%20of%20AML%20&%20KYC.pdf
Press Release 15th Jun 2023 Complacency on compliance is a costly mistake for regulated firms, warns AML expert