Financial Crime Guide 2018

An evolving regulatory landscape

The regulatory landscape, particularly with regard to Financial Crime, is constantly evolving. The risk of non-compliance with Anti-Money Laundering (“AML”), Know Your Customer (“KYC”) and Sanctions requirements continues to increase, and as evidenced by a number of high profile fines and investigations in recent years, firms are increasingly under pressure to identify ways to manage their AML risks more effectively.

Financial Crime Tool

Our Financial Crime Tool provides an intuitive and interactive online platform, from which AML/KYC information can be easily extracted. Specifically, our Tool allows users to:

Compare AML/KYC information across multiple territories;
Customise and download PDF reports for later reference; and
Access information on our PwC Financial Crime territory specialists.

Click here to

Access the Financial Crime Guide 2018 on our Compare Portal

What the tool provides

The Tool contains information on local KYC requirements, regulators’ views on the use of the risk based approach, dealing with Politically Exposed Persons (“PEPs”) and guidance on prohibitions relating to shell banks.

It also contains up to date information on regulatory and other cultural issues which need to be addressed when conducting business across multiple jurisdictions. Useful links to Financial Action Task Force (“FATF”) reports and country evaluations are also included, in addition to questions on suspicious activity reporting obligations, penalties for non-compliance, AML audits and data privacy. The Tool also provides an insight into the relevant AML regulations affecting each country and includes links, where relevant, detailing further information.

From time to time, you may need expert advice from Financial Crime specialists. We’ve included details of the appropriate PwC Financial Crime professionals in the countries featured. They would be happy to discuss any Financial Crime issues you might have.

Global Financial Crime Resource Map

The Global Financial Crime Resource Map indicates the number of Financial Crime specialists working within each territory. Our Global team now exceeds 2,500 Financial Crime practitioners.

Our Global Financial Crime Resource Map can be accessed via the Tool above, alternatively, you can download a PDF version of the Map here.