It’s been ten years since the Wall Street Journal reported that the Prime Minister of Malaysia, Najib Razak, had received some US$700m into his own bank accounts from 1Malaysia Development Berhad (1MDB), the Malaysian Sovereign Wealth Fund.

In the fincrime world, we often talk about sanctions evasion, circumvention, lists and screening. We wait for Office of the Superintendent of Financial Institutions (OFSI) to release information about its prosecutions and we keenly look through our own books for potential exposure.

A golden passport is a money launderer’s dream, and the schemes are more widespread than it seems. With the European Court of Justice striking down Malta’s golden passport scheme in the past weeks, now is a good time to review your risk exposure to citizenship by investment schemes.

It’s been just two weeks, but sanctions have emerged as an early focus of the second Trump presidency. That’s not to say sanctions have been irrelevant for the past few years.

Writing a SAR is simple, but writing a clear and informative SAR is much harder. Read our tips and tricks for getting it right.

We are delighted to announce that Russell Taylor has joined DCM as Chief Growth Officer.

In Financial Crime, some backlogs will push you dangerously close to the edge of non-compliance (if not over the edge). But it happens.

In 2023, the UK Finance Fraud report valued unauthorised fraud losses at £708.7m. In this article we discuss how to avoid unauthorised fraud.

Regulatory enforcement notices have become a library of best practice and practical explanation. Companies read every line and word to drive improvement. But are they taking away the right lessons?

We've put together a guide with instant access to our top tips and strategies to help you through the process.

DCM, a leading consultancy specialising in Rapid Response Outsourcing & Consulting solutions, has officially become an associate member of UK Finance.

We just do three things but with one simple yet effective tool, our people. DCM is an ambitious values-led firm. It is the quality of our people and workforce that propels our growth.

Financial Services Companies are facing increasing challenges in managing KYC (Know Your Customer) operations. Explore some of the challenges and how partnering with a trusted managed service provider can help.

Gary has extensive experience within the Banking industry joining us from Commerzbank AG where he enjoyed a career spanning 16 years in the U.K, U.S and Germany all within a client service KYC function.

It gives DCM great pleasure to be named a finalist in the Compliance Consultancy of the Year Awards 2024. The ICA Compliance Awards honour the exceptional accomplishments, teamwork, and creativity of compliance and financial crime prevention teams worldwide.

Continuing to meet regulatory expectations requires maintaining a wide view of various technical subjects on any given day. But what does good look like in the eyes of the Regulator?

As we embark on a new year, compliance professionals are gearing up to navigate the evolving regulatory landscape, which promises to bring forth a multitude of challenges and opportunities.

For any firm that currently promotes cryptoassets to UK consumers or is likely to in the future and is yet to apply to the FCA for authorisation it is worth considering a number of factors.

In a continuation to the 2017 final guidance from the Financial Conduct Authority (FCA) on Politically Exposed Persons (PEPs) the UK Money Laundering Regulations (MLRs) are to be amended...

In the world of modern business, where innovation, adaptability, and compliance are key pillars to success, the choice of outsourcing certain parts of an in-house operation becomes an important consideration.

In the realm of Financial Crime Compliance (FCC) where adaptability and flexibility reign supreme, we focus today’s insight on our Standby Service...

Resource management within Financial Crime Operations is a delicate balancing act. Banks and FinTech’s must allocate resources efficiently to meet both customer demand & regulatory obligations, whilst controlling costs.

In this article, we zone in on the discernible impact our Standby service provided, and how our team integrated with ease into our client’s operations to facilitate immediate growth and expansion.

DCM has cultivated a highly adaptive and multi skilled Taskforce unit. A panoply of skilled and high-performing professionals who have delivered on previous engagements together and who are retained by DCM.

In our article below, we discuss how our four service lines are helping organisations react decisively to solve these challenges. Is it time for a new approach?