The regulator’s push to increase its fining power in 2025 is understandably causing concern among firms, who are keen to ensure their AML compliance processes are airtight. However, firms need to look beyond the immediate threat and start addressing deeper, more systemic issues within their operations.
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.
Resource hub
Explore original articles, ebooks, whitepapers, and webinars.
