Ultimate Beneficiary Owners explained in Indian Context
An Ultimate Beneficiary Owner refers to any person with direct or indirect ownership or control of an entity. FinCEN laid down its guidelines to...
Regulatory technology is changing the compliance function
The focus on compliance has accelerated, globally, after the global financial meltdown. However, Indian banks, once admired for their strong processes and sound fundamentals,...
Regtechs are evolving to the need of AML Compliance in India
AML Compliance takes majority of the time of the Compliance Teams in the Banks. Money Laundering is a global play of the dirty money...
Riskpro PEP API Gateway
This API Gateway (REST API) is used for getting information about the Indian Politically Exposed Persons compiled by the Biznexxus. The information can be obtained by...
Impact of Law Enforcement Actions on Indian Banks
Enforcement Directorate and Central Bureau of Investigation are two premier Law Enforcement Authorities in India. In past two weeks the nation witnessed the CBI...
Identify third party risk at an early stage
Associating with a third party without conducting a background check can expose an organization to risk of fraud, litigation, reputational loss, financial damage and,...
Statistics on Heightened Risk Entities in India
Riskpro Technology offers the intelligence as service. Due to the growing menace of the bad loans lenders are required to gather the intelligence about...
Biznexxus helps the compliance officers of Indian Banks
Reserve Bank of India expects the Chief Compliance Officers of the banks to ensure total compliance with all specified guidelines laid down by the...
Score Card of Heightened Risk Entities
Riskpro has build its own model to create the scorecard of the Heightened Risk Entities. This is a valuable tool for the companies which...
Enhanced Due Diligence on Politically Exposed Persons
Enhanced Due Diligence is essential for on-boarding the politically exposed persons and organisations. Biznexxus compiles the data of the politicians and politically exposed persons,...