LinkedIn

Webinar: A Risk Based Approach to Politically Exposed Persons (PEPs) – Reviewing the Wolfsberg Group Guidance

2017-June-06

The Wolfsberg Group recently updated their guidance on the approach to Politically Exposed Persons (PEPs), and advocate for the application of a Risk Based Approach (RBA) for all PEPs, whether foreign or domestic.”Where a RBA is applied, the risk factors associated with PEPs…need to be considered as part of an FIs standard customer risk assessment….these additional factors may include the political environment and the vulnerability of the PEPs country of political exposure to corruption.”

Join RDC for a 30 minute discussion on the newly updated Wolfsberg Group guidance and how it applies to your Risk Based Approach on PEP screening. We’ll review how position risk, entity risk, country risk and event risk are all factors to consider when monitoring PEPs and their close associates. Combining all these factors with adverse media can help give you the most complete profile of risk. Listen to the Recording.

15

April

2019

21st Century Compliance: How Technology is Central to Risk Protection in a Complex World

Good customer screening is an essential part of the response to financial crime. In this paper, we look at the […]

View more
21

March

2019

Gain Insight from your KYC/AML Screening Program

Compliance operations teams in most organizations are overwhelmed with customer due diligence and KYC/AML data. As a result, the focus […]

View more
10

January

2019

Join RDC in Supporting National Human Trafficking Awareness Day – January 11, 2019

By Michael Kerman | January 10, 2019 Join RDC and the Department of Homeland Security in wearing Blue on January […]

View more
09

January

2019

EBook – 12 Lessons from One Trillion Screens

When it comes to customer screening, organizations are always wondering “what does everyone else do?”.  Designing and optimising a customer […]

View more
27

December

2018

My Compliance Wishes for 2019

By Michael Kerman | December 27, 2018 It’s hard to believe that 2018 is coming to an end. At first, […]

View more
18

December

2018

Making Negative News a Positive for FinTech Companies

By Joel Cope | December 18, 2018 Adverse media, or negative news, is an important component in the anti-money laundering […]

View more
11

December

2018

Customer Screening is the DIY Project From Hell

By Michael Kerman | December 11, 2018 Every year, without fail, many banks and financial institutions embark on internal projects […]

View more
03

December

2018

Improving the Impact of Adverse Media Screening for Fintech Companies

Adverse media screening has been widely adopted by UK fintech companies as part of their AML compliance programmes. But where […]

View more