Why the UK’s vigilance for high risk third countries relies on enhanced due diligence
An evaluation of the UK’s post-Brexit assessments for high-risk third countries, and its expectations for quality, accurate enhanced due diligence.
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The latest insights, opinions and events from the world of fincrime compliance.
Enhanced Due Diligence (EDD): When It Triggers, What an EDD File Must Contain, and How to Scale It
Enhanced due diligence (EDD) is a more intensive form of Customer Due Diligence (CDD), applied under the UK’s risk-based approach to anti-money laundering when a customer, transaction, or business relationship presents a higher risk. For compliance teams asking “what is enhanced due diligence” in practical terms: it is the point at which standard identity verification … Continued
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Purple Group drives customer growth across global markets with RelyComply
Purple Group’s rapid growth exposed the limits of fragmented AML and onboarding systems. By partnering with RelyComply, they’re moving to a unified, scalable compliance framework - enabling faster onboarding and supporting secure global expansion.
Why transaction integrity is the latest operational opportunity for AML compliance
Assessing UK firms’ integral need for transaction integrity, where firms require transparent AML monitoring for asset safeguarding and reconciliation.
Assessing the pressing risk of authorised push payments (APP) fraud for UK firms
There’s no dismissing the fact that all UK payments will soon need to be instant. This is not a rising need limited to the British Isles either, considering the EU’s Instant Payment scheme and the fact that more than 100 jurisdictions have access to fast payments systems. The low costs, speed, and safety of account-to-account … Continued
RelyComply partners with The Payments Association to strengthen AML for payments companies
RelyComply and The Payments Association (TPA) are joining forces to help payments companies tackle financial crime more effectively.
RelyComply joins the Building Societies Association to strengthen the fight against financial crime
RelyComply has partnered with the Building Societies Association (BSA) to strengthen AML and financial crime resilience across the UK mutual sector, combining sector expertise with end-to-end compliance capabilities.
The 3 stages in money laundering explained: Placement, layering and integration
Money laundering isn’t just a compliance checkbox – it’s a lifecycle problem. Criminals don’t just transfer illicit funds once; they deliberately move them through a sequence of stages, each designed to evade regulatory controls and conceal the origin of the proceeds. Understanding the 3 stages in money laundering, namely, placement, layering, and integration, is foundational … Continued
RelyComply at MoneyLIVE 2026: AI, fraud, and the future of financial crime
Last year, we made our debut at MoneyLIVE Summit as part of StartUp City – and walked away with the award for Best Use of Emerging Technology. This year, we returned with even bigger ambitions: as a Gold Sponsor, hosting a thought-leading panel and creating an interactive experience at our stand that drew the biggest … Continued
The FCA compliance shift causing AML to break in the back office
FCA compliance has often been at the odds of facilitating swift payments and e-payment innovation, and that’s showing no signs of stopping. Beyond customers’ expectations to see their payments settled in milliseconds, regulators are making that process mandatory, and now, operational hazards face even further scrutiny following updated FCA guidelines around safeguarding customer monies. As … Continued