World-Check | Reducing Risk Through Intelligence

FROM A DIFFERENT ANGLE BY KENNETH RIJOCK

OFAC Publishes its Latest Name & Shame ...: 10 March 2010 - Treasury has announced that the latest three Civil Penalty and Enforcement Information press releases, for February and March 2010, have been published* to the OFAC website. The magnitude of the civil fines, some of which have been accompanied by criminal penalties,** should indicate to you the zero ...more
The Good Professor reveals an FCPA Secre...: 10 March 2010 - Can a government official "successfully" take a bribe without receiving money or a gift, and thereby minimise his chances of being exposed to an FCPA violation, because there's no paper trail ? He certainly can, at the place where the Foreign Corrupt Practices Act (and the propos ...more
Treasury allows Licenses for Cuba, Sudan...: 9 March 2010 - The Department of the Treasury, in order to encourage the use of the Internet, has issued new regulations regarding the issuance of licenses for software, and other materials, that allow US persons to export such items to Cuba, Iran and Sudan. These exceptions to existing regulations are intended to ...more
Watch for Money Launderers depositing Ol...: 8 March 2010 - In case you missed the announcement, the United States Treasury will unveil the redesigned US $100 note, at a ceremony in the department's Cash Room, on 21 April. Why is this information tidbit important to compliance officers ? Career criminals (read: narcotics traffickers, arms dealers, traffi ...more
"Confessions" goes inside a Ponzi Scheme: 7 March 2010 - Do you want to know what it is like to be an unsuspecting employee at an NBFI involved in a massive Ponzi scheme ? Having done exactly that, I have covered the subject in the latest edition of Confessions of a Money Launderer. For those who did not see my lecture on Ponzi schemes at the recent Flori ...more

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CONFESSIONS OF A MONEY LAUNDERER BY KENNETH RIJOCK

8 March 2010

Confessions of a Money Launderer - Part 96

World-Check now offers Enhanced Due Diligence (EDD) services

In the current volatile economic climate it is critical to minimize exposure to risk. Business partners, prospective clients and investment opportunities in emerging markets need to be proactively screened to protect your company and ensure compliance with legislation such as the FCPA and USA PATRIOT ACT.

World-Check's Enhanced Due Diligence (EDD) Reports provide the information required to make educated decisions when:

Conducting pre-merger and acquisition inquiries and pre-IPO due diligence
Entering into new international joint ventures
Engaging critical business partners
Following best practice of regulatory compliance and corporate governance.

Now more than ever, institutions cannot afford to make the wrong decisions.

For more information, click here.

PRODUCT INFORMATION

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COMPLIANCE OVERVIEW

Regulatory Compliance Overview

Understanding Money Laundering

KYC Compliance Overview

AML Compliance Overview

PEP Compliance Overview

CFT Compliance Information

FCPA Compliance Overview

NEWSWIRE

Titled “The FCPA and why it matters” this paper provides insight for multinational organisations into the US Foreign Corrupt Practices Act (FCPA) and highlights the basis for a sound compl...more

Since July 2009 World-Check, the leading provider of end-to-end risk management services, has presented expert seminars in Monaco, Frankfurt, Madrid, Lisbon, Stockholm, Helsinki, Oslo, Copenhagen, M...more

Since November 2008, the World-Check database has been used in over 130 enquiries by the CEOP's financial investigators to ascertian background intelligence on child abuse cases. To read the full ...more

Read the full press release to see why it makes sense to use the World-Check se...more

World-Check is providing the project team with access to the Country-Check system which is used by organizations worldwide for country profi...more

TESTIMONIALS

"W H Ireland have been users of World-Check and have recently added automated screening of existing clients against World-Check. We find World-Check an excellent and cost effective tool for protectin...more

Anthony E Lappin | MLRO
WH Ireland Stockbrokers

"I really value your product. It supports me to provide security assurance and oversight for critical elements of the function – or what I call early indicators. You can be proud of what you deliver...more

Dr. Dorette van den Berg | Senior Analyst
Rio Tinto

"We are very impressed with World Check; it has become an invaluable part of our day to day operations."

Michael Peverill | IT Manager
EMerchants Pty Limited

"As a prominent leader in our industry in the Asia Pacific region, and now expanding our reach to the Middle East & Europe, the Heritage Trust Group, treats the issue of risk management very seriously...more

Dr. Angelo Venardos | Founder & Executive Director
Heritage Fiduciary Services Pte. Ltd.

"As a member of ZGC-Compliance I use World-Check nearly every day and it is of great value for my work. Thank you for your excellent service."

Thomas Anheier | Group Compliance
Commerzbank AG

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