Feb 3, 2022 | Beneficial Ownership | OwnerCheck, Due Diligence, Social Media Diligence | SocialCheck, Thought Leadership, Wealth Intelligence | WealthCheck
Imagine a high net worth individual whose asset portfolio includes four mansions in the English countryside, a British golf course, a villa in Sardinia, and a $42.5 million Gulfstream jet. Now imagine that all of this was achievable on a yearly salary of just $70,650....
Oct 25, 2021 | Compliance, Due Diligence, Thought Leadership, Wealth Intelligence | WealthCheck
Recently, anti-money laundering compliance has become an even greater priority for regulatory governing bodies. This is evidenced in the many recent AML violations and failures experienced by major financial corporations. In fact, financial regulators delivered $2.2...
Oct 13, 2021 | Cryptocurrency Diligence | CryptoCheck, Due Diligence, Thought Leadership
Most people probably know as much about non-fungible tokens (NFTs) today as they did when the technology first appeared in 2014 — which is to say, not a lot. That’s changing, though, as NFTs become an increasingly popular way to buy and sell digital artwork. Around...
Apr 14, 2020 | Beneficial Ownership | OwnerCheck, Compliance, Thought Leadership, Wealth Intelligence | WealthCheck
Beneficial ownership has caused compliance teams headaches for as long as we can remember, especially if you are an obliged entity. Currently, beneficial ownership is considered the top vulnerability in the US financial system, alongside the misuse of digital assets....
Aug 21, 2019 | Compliance, Due Diligence, Thought Leadership, Wealth Intelligence | WealthCheck
Compliance professionals are aware that substandard anti-money laundering (AML) processes and procedures and insufficient know-your-customer screening can open the floodgates for financial crime. Even with this knowledge, the high-profile scandal engulfing Denmark’s...
