Payments Data Quality checks the quality of originator and beneficiary data in your institution’s payments messages. It’s a simple, cost-effective tool to support compliance and operational efficiency.
This article from the Association of Certified Anti-Money Laundering Specialists, discusses the impact of the “de-risking” trend: the economic consequences, as well as the adverse effect on the use of regulated payments channels.
Learn about the implications of FATF Recommendation 16, which outlines stricter requirements for wire transfers. Article is reprinted from ACAMS Today - The Magazine for Career-Minded Professionals in the Anti-Money Laundering Field.
Compliance Info Papers
Systems testing and annual certification: driving business benefits
This info paper outlines implications of new DFS certification requirements, the potential for banks to develop ongoing review programmes that enhance processes and create business efficiencies, and how Sanctions Testing and other SWIFT services can help