RegTech

The Regtech business will prosper in 2022 as a consequence of the disruption brought about by advanced technologies.

The Financial Action Task Force (FATF) published a study that identifies new and existing technology-based solutions for effective compliance.

Sanction screening is necessary for companies to ensure they are in compliance with regulations and avoid processing transactions for individuals or entities that have been sanctioned.

PEP screening is one of the key checks in the client onboarding process. The aim is to identify PEPs and create an appropriate control program for them.