Posts by Jasmine Brant
How law firms can prepare for The Economic Crime & Corporate Transparency Act
Companies must soon be more diligent about verification from the start. All directors and Persons with Significant Control (PSCs) must be properly vetted. There’s simply more to look out for, and everything must be in order from the very beginning.
Read MorePhilanthropic due diligence in 2025: Challenges and opportunities
We sat down with Rhodri Davies from Why Philanthropy Matters to learn why contextualising philanthropic wealth and demonstrating a clear rationale behind gift acceptance decisions will be key in 2025.
Read MoreXapien’s 2024 wrap: New customers, markets and features
We kicked off the year by signing our hundredth customer. Our client base now includes Magic Circle, Silver Circle, and AmLaw 100 law firms, as well as top firms in risk consulting and private wealth, and some household name large corporations
Read MoreRisk-based third party due diligence: A guide for compliance teams
Many corporations structure their third-party due diligence programmes in a way that prevents a truly risk-based approach. To accurately determine a third party’s risk level, organisations must first develop a holistic understanding of the risks associated with them and then triage them based on their genuine risk level.
Read MoreHow AI is redefining adequate compliance programmes
In today’s interconnected world, businesses heavily rely on third parties to drive operations, expand markets, and stay competitive. However, these partnerships carry significant risks. From bribery and corruption to ESG violations and geopolitical issues, the risks tied to third-party relationships are both diverse and complex.
Read MoreWhy databases aren’t sufficient for AML risk assessments
While screening is a necessary first step in assessing client risk, it provides only a partial view. These static lists determine whether a client is sanctioned, a PEP, or appears on a watchlist. Screening systems rely heavily on structured databases, which tick a “yes” or “no” box. However, they fail to offer a wider perspective on the client’s overall risk profile.
Read MoreThe AML compliance challenge impacting law firm bottom lines
Many law firms have a centralised client onboarding process supported by standardised AML policies. In these systems, client-facing staff or partners collect essential client information. The compliance team then reviews it according to the firm’s AML risk appetite, policies, and applicable AML regulations. Compliance teams typically include junior analysts overseen by a few specialised lawyers…
Read MoreNavigating AML compliance across borders with Bruno Edenogie from Orrick
We recently spoke with Bruno Edenogie from Orrick, Herrington & Sutcliffe about the key challenges compliance teams face in managing AML compliance across multiple jurisdictions.
Read MoreThird party due diligence best practices for compliance teams
Corporate compliance teams often face a choice: should they conduct due diligence in-house with their internal team and available tools, or outsource it to a specialist due diligence firm?
Read MoreHow AI can shorten nonprofit fundraising cycles
In today’s fast-paced environment, fundraisers need efficient tools to connect with the right donors quickly and meaningfully.
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