What is a Care Plan?
A care plan is a comprehensive document that outlines an individual’s assessed health and social care needs, the services to be provided, who will provide them, and when they will be delivered. It serves as a personalised roadmap for delivering consistent and effective care, ensuring that all involved parties understand the individual’s requirements and preferences. […]
The unseen risks of proliferation financing in financial institutions
Proliferation financing is of significant concern to every business in the regulated sector. A series of amendments to the UK Money Laundering Regulations 2017 came into force 1 September 2022. The Money Laundering and Terrorist Financing (Amendment) (No. 2) Regulations 2022 include an obligation for regulated entities to identify, assess and mitigate the risk of […]
Is China’s DeepSeek AI compliant with GDPR?
China dramatically entered the AI arms race with the announcement of a new, supposedly ‘cheaper’ Chinese AI model called DeepSeek R1. The markets and commentators were agog at the model’s ability to do all the many things we know and love about AI these days, but at a fraction of the cost. The company claimed […]
The state of cryptocurrency compliance in 2025: free guide download
The cryptocurrency landscape is evolving at an unprecedented pace, and 2025 is poised to bring significant challenges for businesses dealing with cryptocurrency—the money laundering avenue of choice for criminals, gangsters and terrorists. At the same time, President Trump’s second administration is stuffed full of ‘crypto-bros,’ advocates of decentralised, high risk ‘currencies’ like Bitcoin, and many […]
What are the highest and lowest risk countries in East Asia and the Pacific for money laundering?
Countries in East Asia and the Pacific face a wide range of moderate to high money laundering risks—from New Zealand to Myanmar—primarily driven by large financial centres, extensive trade networks, and growing digital economies. While several countries in the region have made strides in aligning with international AML standards, challenges persist due to corruption, financial […]
Law firms discuss SRA AML audits and Source of Funds challenges at VinciWorks Core Group meeting
On 16 January 2025, VinciWorks hosted the first AML Core Group meeting of the year, gathering leading law firms to exchange best practices for anti-money laundering compliance. Facilitated by Tom Evans from VinciWorks and Jen Dunlop from The Compliance Office, over two-dozen firms discussed and shared experiences around the latest AML trends and challenges. Delegates […]
What is effective communication?
Effective communication is the process of exchanging information clearly, accurately, and efficiently. It ensures that the intended message is understood by all parties, reducing misunderstandings and increasing productivity. In professional settings, especially in high-stakes industries, effective communication is vital for maintaining safety, fostering teamwork, and ensuring compliance with regulations. Understanding and applying effective communication techniques […]
Significant changes expected to EU ESG rules as Omnibus negotiations heat up
The European People’s Party (EPP), the largest political group in the European Parliament, is advocating for substantial changes to the EU’s environmental, social, and governance (ESG) regulations within the framework of the Omnibus package negotiations spearheaded by Commission President Ursula Von Der Leyen. Beyond just minor simplifications, the EPP is calling for significant revisions to […]
How to use Google Maps in anti-money laundering due diligence
Google Maps, initially designed for navigation, is actually a powerful tool in the fight against financial crime. Compliance teams can leverage its capabilities to enhance their AML processes, enabling them to verify addresses, assess business legitimacy, and detect suspicious activities linked to specific locations. Its vast database of geographic information, real-time updates, and detailed street-level […]
What are the best tools for collaboration and task management in 2025?
Collaboration and task management platforms are tools designed to help teams organise, track and complete their work. These platforms typically offer features such as task assignment, file sharing, communication tools and progress tracking, all within a centralised digital workspace. One of the key benefits of these platforms is their ability to improve team collaboration. By […]
