PassFort

Thanks to Carolin Roth and CNBC for inviting me onto Street Signs this morning to talk about #ShellCompanies and Moody's Analytics’ Shell Company Indicator. As Europol has warned, 80% of criminal networks make use of legal business structures to further and conceal their activities. And while shell companies are of course not illegal, their frequent use as cover for #FinancialCrime, puts the onus on any company doing business with one to be on the look out for the seven warning signs that our recent SCI research identified. Enhanced due diligence is essential when dealing with entities that display these signs. Regulation will always tend to lag behind the criminals’ activities, and the penalties and harm that can result from a lack of due care and attention to who you’re doing business with can be extremely damaging. https://lnkd.in/gDUsUjTN

Introducing our latest interactive research on shell companies, which highlights corporate structures susceptible to facilitating sanctions evasion, money laundering, and fraud. Did you know that Moody's Shell Company Indicator identifies seven key behaviors commonly associated with shell entities? Delve into the interactive research now at https://lnkd.in/gPW3Za-t

Today, on National Human Trafficking Awareness Day, we discuss the $150 billion industry of human trafficking and explore strategies to combat this global issue. Our latest episode of KYC Decoded dives into the primary forms, its overwhelming scale, and expert strategies that can be taken by anti-financial crime and risk professionals. Listen to this insightful discussion on the KYC Decoded podcast and join us in our commitment to dismantle trafficking networks. Thank you to our guests Christopher Kemp from Anti-Human Trafficking Intelligence Initiative (@TeamATII)  , Christopher Bagnall from Quantexa and Karim Rajwani from Sigma360 for providing their expert knowledge and insights. https://lnkd.in/efCYS6M2

Happy New Year to you all. Our first post for the year is looking back at Q4, where we were all things 'AI in compliance'. What predictions do you have for 2024's trends? https://lnkd.in/eDd4cSWj

Don’t say we didn’t get you anything for Christmas. The last in our series of origin stories is now out on the KYC Decoded podcast. Listen to Keith Berry and Alex Pillow discuss how the KYC operating unit of Moody’s Analytics was created.

What does the growth of increasingly complex and sophisticated sanctions evasion techniques mean for compliance teams? Our latest whitepaper, released in collaboration with CRDF Global, contains insights from Moody’s financial crime experts on:   * Key developments in sanctions evasion methods * New ways bad actors are responding to sanctions restrictions * Global case studies showcasing best practices in AML and KYC screening * How compliance teams can protect the business from sanctions risk   Access the whitepaper here: https://lnkd.in/ezWSwbS7

A new episode of KYC decoded has just landed! This episode is all about the European Union Court of Justice's ruling regarding beneficial ownership, one year on. https://lnkd.in/ei8BNsbD

Our engineering teams are expanding! Working on our market leading, award winning KYC products within the Passfort team , we work on a hybrid basis from our offices in London. Our current stack is Rust, React and Python primarily , but we hire stack agnostically ( great engineering practices and standards matter more) , so as long as you have experience in one of these and are excited to learn the others , we would love to hear from you. Mihai Dinculescu and Tiberiu Simion Voicu would also love to hear from software engineers with a passion for data with experience in or willingness to learn data warehousing solutions such as Databricks, Google BigQuery, or Snowflake. Alan Sharp and his team will be focusing on building a generic integration framework to allow third parties to build on top of the Passfort platform, and one of the senior engineering vacancies will be joining them in that journey You can find the links to apply below, but if you would like more information before applying please feel free to get in touch with any questions 😀 https://lnkd.in/egVcVYHe https://lnkd.in/e7RyyPYe https://lnkd.in/eZJ4mN5c #hiring #engineering #KYC #opportunities