Newswire:
World-Check 5 years ahead of OFAC designation
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World-Check protects clients from illicit vessel risk
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Read expert commentary from World-Check in Business ethics Times supplement
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How will the UK Bribery Act affect your business?
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More Newswires...
PRESS ARTICLES
2005 Archive
30 November 2005
Hyderabad: World-Check, intelligence gathering solutions provider for financial communities, and SDG Software have announced they would offer anti-money laundering solutions to banks.
24 November 2005
World-Check, which compiles data from public sources on politically exposed people worldwide, reports that “the panels have bank records confirming that millions of dollars were transferred from presidential accounts to Aristide’s wife, his former security chief, Oriel Jean, his private social welfare foundations, the Aristide Foundation, fictitious businesses and unnamed Aristide associates. Other government cheques were written to cash, without any explanation of the recipient or the reason for the payment”.
3 November 2005
... World-Check, offers banks and governments profiles of more than 300,000 people who may present a “heightened risk” to financial institutions.
4 October 2005
SA’s major banks are turning to global databases. “The real problem is not in identifying PEPs but in identifying their family and associates,” says Standard Bank. Standard and Nedcor are among those banks using databases, while Absa is considering their use, says Melnick. A pioneer is World-Check, established in 2000 by David Leppan, a South African based in Europe. He started compiling a database of high-risk clients, including families and associates, to meet the Swiss financial industry’s rules.
19 July 2005
La nueva normativa sobre lavado de dinero exige a las entidades financieras denunciar las operaciones sospechosas de sus clientes. Pero esto no es una tarea fácil, y así han surgido una serie de empresas que le proveen este tipo de soluciones a los bancos.
19 June 2005
In line with the global concern over misuse of the financial system for money laundering, drug trafficking and funding of terrorist activity, the Reserve Bank of India (RBI) has ordered Indian banks to put in place a strict Know Your Customer (KYC) policy and build a database of customer profiles. Banks were to complete this by December 2004, at least in case of accounts operated through a power of attorney, or when they spot unusual activity.
1 June 2005
In just four years, World-Check has gone from being a pioneer to being globally recognised as the industry standard for KYC and PEP intelligence. World-Check today serves 1,200 companies, including 17 of the world's 20 largest financial institutions and more than 200 government, regulatory and enforcement agencies, with its global database of heightened risk individuals and companies.
21 May 2005
The insurance industry does not typically come to mind as one which is susceptible to unscrupulous finance practices. However, as Rohan Bedi - Head of Anti-Money Laundering Services, PWC Sinapore and Jay Jhaveri - Director Asia, World-Check, explain, insurance is riddled with immune weaknesses. This feature outlines how the industry can best boost its defences.
6 May 2005
Sir Mark Thatcher and Simon Mann both appear on an intelligence database used by more than 180 Channel Island businesses. The duo have both been prosecuted on charges relating to an attempted coup in Equatorial Guinea, the subject of an ongoing case in Guernsey's courts.
22 April 2005
If you want to fight global crime syndicates, traffickers and corrupt officials, just follow the money, a financial crimes expert said on Thursday. David Leppan, director of London-based World Check which advises banks and government agencies in 120 countries, said the international effort against these crimes was being hampered by fragmented strategies and poor coordination between nations.
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NEWSWIRE
Chechen leader profiled by World-Check 5 year...
Read the full press release here.
World-Check protects clients from illicit ves...
World-Check‟s vessel screening research unit profiled 17 of the 27 vessels allegedly connected to Iran‟s nuclear and missile programs many months ahead of their inclusion on published government lists...more
Read World-Check experts commentary on corpor...
Read World-Check's Robert Mitchell and David Leppan commentary on corporate fraud in Business Ethics in the Times supplement 18 May 2010. ...more
How will the UK Bribery Act affect your busin...
How will the UK Bribery Act affect your business? FCPA and anti-corruption compliance specialist Michael Osajda explains in detail. Watch the video...more
World-Check announces 4500 clients
World-Check has reported another year of exceptional growth, bringing its client base to over 4,500 organisations. A combination of outstanding client service, new products and global execution has at...more
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