Regulatory Compliance White Papers

Transaction Surveillance

As the overall landscape of the finance and trade world markets continue to evolve, the need for constant monitoring of individual activity has become increasingly necessary. It has been said that information is the most valuable commodity for a business.

FinCEN Final Rule
Until recently, financial institutions did not have clear guidelines as to the requirements of identifying beneficial owners of legal entity customers. This gap enabled criminals and suspicious characters the ability to keep their proceeds hidden in the financial system.