Sigma Ratings’ 2023 Risk & Compliance Trends
For the past 5 years, future predictions in risk and compliance is something that we have fun...
What is Enhanced Due Diligence
Enhanced Due Diligence is a process that happens as part of Know Your Customer requirements and...
Does Using Google Search Strings for Adverse Media Screening Work?
Adverse media is increasingly important for financial institutions and global corporates. Google...
Guide to Politically Exposed Persons (PEPs)
Politically exposed persons are political or public figures and high-powered senior executives,...
Yale University Study Finds Companies that Exited Russia Rewarded with Outsize Stock-Market Returns
This month, a new study from the Yale School of Management, which has been monitoring approximately...
EU Considers Blacklisting the United Arab Emirates Following the ‘Dubai Uncovered’ Leaks
Last week, the EU considered blacklisting the United Arab Emirates. The suggestion comes following...
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Latvia Seeks To Rebuild Reputation in the Face of Russian Sanctions
This week, the WSJ reported that Latvia is seeking to rebuild its reputation in face of Russia...
What is the Difference between Shell, Shelf and Front Company
After the release of the Panama Papers in 2015, the terms “shell company” or “shelf company” became...
Regulators Turn Focus on Consumer Duty and Controls at Challenger Banks
Last week, the Consumer Financial Protection Bureau (CFPB) announced that it will start using a...
How to Identify a Shell Company and the Associated Red Flags
In the aftermath of the 2016 Panama Papers data leak, the term "shell company" rapidly emerged in...
FATF Effectiveness Report
Last week, the Financial Action Task Force (FATF) released its Report on the State of Effectiveness...
FinCEN Releases Advisory on Kleptocracy and Foreign Public Corruption
Last week, FinCEN, the U.S. Treasury’s anti-money-laundering (AML) unit, “warned financial...
German Fintech’s Non-Compliance Stifling Growth
This month, the Bank of Italy banned N26 from taking on new customers or engaging in any...
Guide to Potential Russian Sanctions Evasion
Vladimir Putin's recent deadly aggression against Ukraine has put pressure on the international...
Russian Oligarch's Offshore Shell Company Network
This week, an investigation by Buzzfeed revealed that the Russian oligarch Roman Abramovich...
WSJ: U.S. Treasury’s Beneficial Ownership Rules Stirs Debate
This week, the WSJ reported that the U.S. Treasury is “facing a wide range of views on the details...
U.S. Treasury Releases Report on Money Laundering and Terror Financing in the Art Market
Last week, the U.S. Treasury released a highly anticipated report on money laundering and terror...
Swiss Court Demanded Compensation of 45M From Credit Suisse
Last week, a Swiss court demanded compensation of $45 million from Credit Suisse in a money...
Transparency International’s 2021 Corruption Perceptions Index Reveals a Decade of Stagnation in Anti-Graft Efforts
This week, the global anti-corruption watchdog Transparency International (TI) released its annual...
UAE ‘At Risk’ of Inclusion on Global AML Watchdog FATF’s Gray List
This week, the FT, citing a senior government official, reported that the UAE has significantly...
Sigma releases new enhancements to its global monitoring capabilities
In our effort to further enable customers to control their own Sigma platform and data experiences,...
