Blog

November 15, 2024

The ICAEW recently released a report and held a webinar to share its findings across some of its members on the subject of AML compliance. We are providing a su...

October 31, 2024

Algeria, Angola, Côte d’Ivoire, and Lebanon were added to the Financial Action Task Force's (FATF) list of Jurisdictions under Increased Monitoring, also known...

October 11, 2024

A Tick-box vs a risk-based approach. While sector-specific AML guidelines provide a general framework for the prevention of money laundering activities, busines...

July 10, 2024

InScope-AML was built to provide a great customer experience by simplifying and automating a lot of the AML Compliance Management tasks....

July 01, 2024

Deploying a group-wide compliance and risk management framework that caters to individual regulatory requirements in each location requires careful and well-tho...

June 28, 2024

Monaco and Venezuela were added to the Financial Action Task Force's (FATF) list of Jurisdictions under Increased Monitoring, also known as the FATF grey list....

June 18, 2024

Just when you thought everything was under control, you realise that things have already changed. Again....

June 05, 2024

If your AML Compliance system is made up of a hotch-potch of tools, spreadsheets, and manual processes, it is all very fragile....

May 20, 2024

Empower your people to perform their job well, boost their motivation, reduce employee turnover, and help them face the customer with...

April 25, 2024

It is not surprising that a new customer’s onboarding experience is a major influence on a company’s Net Promoter Score, and not only ensures that your customer...

April 08, 2024

InScope-AML keeps us abreast of sanctions, adverse media and political exposure of our new and existing customers and keeps track of document expiry dates. InSc...

March 14, 2024

Teaching new employees to work on AML compliance software is the easiest way to get them up and running in the shortest time as such software covers a very larg...

February 23, 2024

Kenya and Namibia were added to the Financial Action Task Force's (FATF) list of Jurisdictions under Increased Monitoring, also known as the FATF grey list. Bar...

February 14, 2024

Services are built on trust, and this is even more true in the provision of professional and financial services. Which is why protecting your reputation is so i...

February 01, 2024

Human discretion and errors have no place in AML Compliance Management. It has no place in one-person practices, let alone larger companies, as the related peri...

January 25, 2024

With InScope-AML we are now able to obtain the information we need to compile a large part of the FIAU REQ simply by accessing the solution’s report section....

January 25, 2024

There is a higher cost related to AML compliance that some people often overlook. That of non-compliance. This is where AML compliance software can help....

November 23, 2023

With proper planning in advance, the process of completing and filling in the REQ can be without stress....

October 27, 2023

Bulgaria was added to the Financial Action Task Force's (FATF) list of Jurisdictions under Increased Monitoring, also known as the FATF grey list. Panama, Cayma...

October 06, 2023

Data Quality is a crucial aspect in AML Compliance Management since effective management of this function is only as good as the data it uses....

September 14, 2023

You cannot claim to “know your client” if you’re not leveraging external data and information that the rest of the world already knows about your client. This a...

September 02, 2023

InScope-AML, a European developer of AML (Anti-Money Laundering) compliance management solutions, and Regula, a global developer of forensic devices and identit...

August 03, 2023

Our mission of making AML compliance easier for affected companies is resonating very well with our target markets, and the future looks very bright....

June 26, 2023

Cameroon, Croatia, Vietnam were added to the Financial Action Task Force's list of Jurisdictions under Increased Monitoring, also known as the FATF grey list....

June 13, 2023

This prestigious accreditation by the ICAEW is yet another confirmation of the international appeal of InScope-AML....

April 18, 2023

“We're looking for Partners! The market for AML Compliance Management solutions is booming, and this is the right time for like-minded companies to get on board...

March 15, 2023

Take this test to determine if you and your team are on top of things, or if things will very soon get out of control....

March 03, 2023

An overview into how an InScope-AML user can gather the required information for the 2023 FIAU REQ submission....

March 01, 2023

Change is constant. But MLROs don’t need to be constantly on the go, firefighting their way through the compliance management process....

February 24, 2023

Nigeria and South Africa were added to the Financial Action Task Force's list of Jurisdictions under Increased Monitoring, also known as the FATF grey list. Cam...

February 22, 2023

We are pleased to launch our first series of InScope-AML Open Forum AML Training and at the same time give you an opportunity for personal development and addin...

February 13, 2023

In this article we look at what the FATF is and why the organisation plays a big role in fronting the world-wide fight against money-laundering and terrorist fi...

January 30, 2023

As MLROs face more and more compliance pressures, customer experience is bound to suffer. InScope-AML was built to provide a great customer experience by simpli...

January 19, 2023

Successful MLROs use AML software. They don't rely on manual processes & spreadsheets. More efficient; more effective; No last-minute panic!...

January 07, 2023

It’s that time of the year, again. It’s going to be a breeze, because everything is organised, and the information you need to fill in the FIAU’s Risk Evaluatio...

November 18, 2022

“It was very evident, from the word go, that the InScope-AML team had done all this many times before. They were very clear about the process and the steps ahea...

October 31, 2022

This article explores the Economic Crime and Corporate Transparency Bill, which has passed through the second reading in the UK House of Commons and is currentl...

September 30, 2022

Understanding your customer's “Source of Wealth” (SOW) and “Source of Funds” (SOF) is an important part of any Know Your Customer (KYC) process. In this article...

September 06, 2022

Staying compliant with AML regulations has never been more challenging. But a lot of firms struggle to set up robust AML practices and adhere to them consistent...

August 31, 2022

Matt Rizzo is one of the co-founders of InScope-AML, and has been the CEO since 2018. We caught up with him to discuss developments in the fight against money l...

August 24, 2022

Managing AML risk at the customer level is a fundamental component of an effective Anti-Money Laundering process. Here are five steps to ensure you remain on to...

August 17, 2022

The team behind InScope-AML is driven by our main message: “Compliance Made Easy”. In this article we look at how we go about ensuring that InScope-AML assists...

August 03, 2022

The term Risk-Based Approach (RBA) is used extensively in conjunction with Anti-Money Laundering. In this post, we explore the various ways it can be implemente...

July 27, 2022

Accountants, lawyers, tax advisors, TCSPs and other professionals that are subject to the UK's Anti-Money Laundering regulations may find it challenging to keep...

July 21, 2022

Accountants, lawyers, tax advisors, TCSPs and other professionals that are subject to the UK's Anti-Money Laundering regulations may find it challenging to keep...

May 24, 2022

The UK CCAB has just published its updated guidance on AML and CFT for accounting professionals related to the obligations under UK legislation. The guidance is...

May 16, 2022

One of the clearest indications that things are not right in any system for managing AML compliance is the pervasive use of spreadsheets. Where do we begin in e...

April 03, 2022

“They have provided an impeccable service from day one, always making things happen when we required their support. This, in my opinion, is the most important f...

February 15, 2022

We immediately felt that InScope-AML as a solution ticked all the boxes, and the team behind the product could speak our language and adapt the solution to our...

January 15, 2022

NCMB Consulting assists local and international clients which use Malta as a base for their commercial activity. The company offers best-in-class tailor-made se...