Nearly half of Stonewall Diversity Index are VinciWorks clients
VinciWorks proudly serves 42 of the top 100 firms who’ve dedicated themselves to LGBTQ+ inclusion Stonewall’s annual top 100 Employers is the definitive list of workplaces who’ve dedicated themselves to supporting LGBTQ+ inclusion in the workplace. It’s always an exciting moment for VinciWorks to see just how many of our clients are represented on the […]
Intersectionality: What it is and how to put it in practice
What is intersectionality? We are all multi-dimensional in our identities. Someone may be both a woman of colour and a lesbian, for example, or an older man from an economically deprived background may also have a disability. Both of them may well have a faith, and they may also be parents or carers. Few of […]
VinciWorks partners with Thirdfort for AML client onboarding solution
Omnitrack’s end-to-end AML client onboarding solution has launched a strategic partnership with Thirdfort, a leading know-your-customer and anti-money laundering platform. Thirdfort utilises real-time access to government registers around the world and best-in-class Ultimate Beneficial Owner (UBO) discovery. Over 950 businesses already rely on Thirdfort to carry out their AML checks. The partnership between VinciWorks and […]
On-demand webinar: UK Mandatory Disclosure Rules (MDR) – In conversation with HMRC
Broadcast Wednesday 15 February In November 2022 HMRC released the summary of responses from their consultation on the UK’s Mandatory Disclosure Rules (MDR). The consultation clarified that: The historic lookback period will go back to 25th June 2018 (and not 29th October 2014 as originally stated). Reporting will be via XML only. With UK MDR […]
Ongoing monitoring and AML – How important is it?
What are the implications for firms that fall short? You conducted your customer due diligence (CDD) when you onboarded your client. It’s all part of your effort to stay compliant with Know Your Customer (KYC) and Anti Money Laundering (AML) regulations. But the regulations are constantly changing, your client’s circumstances are evolving and the implications […]
Omnitrack version 2.78.0
Apply submissions grid layout for all end-users With this new feature, you can customise the grid layout of your submissions page to meet your specific business needs, and ensure that all of your end users see the same layout. This helps to create a more consistent user experience and makes it easier for your users […]
Barclays probed by UK financial watchdog over AML failings
The AML crackdown continues, this time targeting one of Britain’s biggest banks The UK’s Financial Conduct Authority (FCA) has launched an investigation into Barclays for suspected ongoing failings in compliance and anti-money laundering (AML) systems. The Financial Times reported that the FCA issued a notice last spring requiring an independent review of the bank’s financial […]
Upcoming webinar: Supplier onboarding — Sanctions, AML and regulatory trends
Wednesday 1 March, 12:00pm (UK) Supplier onboarding has become increasingly challenging and complex in recent years. A major factor that has contributed to this situation is the ongoing conflict in Ukraine, which has resulted in heightened security concerns and economic instability, making it more difficult for companies to manage their supply chains. In addition to […]
New rules and guidance from SRA – SLAPPs and quality assurance
The SRA have released further guidance and rules over the last few months. In this blog, Compliance Office’s Andrew Donovan shares the key points. Understanding SLAPPs (Strategic Lawsuits Against Public Participation) With increasing public concern that some solicitors are using SLAPPs on behalf of their clients, the SRA has issued a warning notice that tells […]
Conducting an independent AML audit: Can your firm avoid raising the red flags?
As regulations are tightening and the risk landscape is continually evolving, firms are facing increasing pressure to make sure that their Anti Money Laundering (AML) compliance programme is effective. Beyond the implications of fines or damage to reputation is the very real danger of disruptions to operations and in particular criminal liability. It’s critical for […]
