As firms deal with more and more individuals linked to foreign governments, identifying high-risk PEPs is becoming more of a ...

Many financial institutions rely on multiple, disconnected technology platforms to manage KYC activities, from data ...

The EFCC has intensified scrutiny of politically exposed persons suspected of falsely declaring assets to evade investigation ...

While it might sound like a niche compliance issue, in reality, it sits at the intersection of financial crime prevention, ...

The Economic and Financial Crimes Commission (EFCC) has stated that politicians have devised a new means to perpetuate corruption and evade anti-graft agencies by declaring assets they are yet to ...

SDT also orders solicitor pay £50,000 costs and imposes practice restrictions following unintentional failings.

The Financial Conduct Authority (FCA) has today set out issues it will consider as part of a review of the treatment of domestic Politically Exposed Persons (PEPs) by financial services firms The ...

He disclosed that the EFCC recently arrested a 22-year-old who had laundered over ₦5 billion for politically exposed persons within 18 months, despite having no prior legitimate employment.

The court approved the defence's request to ban the publication of the accused man’s name on the basis that he is a politically exposed person, and the incident could have a serious impact on ...