Dear Friends and Colleagues,
As we head into the new fiscal year, alarm bells on money laundering failures have been sounded from Hon
g Kong to Ireland and numerous jurisdictions in between. The consequences have been grave; ranging from billions in fraud proceeds laundered to national security failures due to terrorism funding.
This comes despite a renewed drive this summer, particularly in the European Union, to beef up money laundering controls with new regulations. But with each new banking scandal, scrutinizing media article, and watchdog report; its becoming increasingly clear that governmental institutions are still playing catch-up in the fight against global money laundering.
At Sqope, we’re heading into the new year with new tools to enable financial institutions to shield themselves from the threat of money laundering:
Expert KYC training
Sqope’s due diligence expert analysts are touring Europe this year, sharing their global expertise in flagging money laundering risks and reputation exposure. Available seminars include cyber-research workshops for compliance officers and front-desk staff and regionally-focused anti-money laundering presentations on emerging markets.
For more information on our on-site seminars, contact firstname.lastname@example.org
New online KYC platform
Coming soon: Financial institutions from across the world will have rapid, direct, and easy access to Sqope’s range of KYC and monitoring solutions. Account holders will be able to chat directly with our representatives, monitor the progress of their KYC project, and conduct monitoring on existing clients.
Stay tuned for updates on the launch of our new ordering platform
Read the rest of the newsletter HERE.
The Sqope Team.