Countries around the world have introduced regulations aimed at ensuring that financial services organisations cannot, simply by hopping from territory to territory, facilitate money laundering or terrorist financing. Recognising that legislation is only as good as its weakest point, AML regulation is becoming significantly more stringent in nature and outlook.
AML legislation is being updated far more regularly as new threats and risks emerge and are assessed. In comparison, there was a ten-year gap between the first and second AML directives.
Nexis® Solutions, part of LexisNexis® Legal & Professional, offers innovative technology with an unrivalled content collection of global news, business, market and legal information. Our flexible solutions empower companies to:
- Establish and maintain trusted relationships with customers, suppliers and other third parties
- Monitor for signs of emerging threats across PESTLE factors
- Integrate targeted news, sanctions, watchlists and PEPs data into proprietary systems and AI applications
- Gain valuable insights into risks and opportunities to support informed decision-making
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