Back to Case Studies

The Risk-Based Approach: How Open Source Intelligence (OSINT) is transforming enhanced due diligence and investigations in AML compliance

Regulators are now expecting Financial Services Organisations (FSOs) to demonstrate how they take a true risk based approach (RBA) to Customer Due Diligence and to improve its effectiveness in early detection and prevention of financial crime.

AML regulations already specify several higher risk situations that require FSOs to take Enhanced Due Diligence measures. This report outlines:

  • The evolving landscape of financial crime
  • Defining a Risk-Based Approach
  • Key risk factors and how to mitigate them using Customer Due Diligence
  • Using technology to implement and document a Risk-Based Approach

Download This Case Study