Will your sanctions screening systems withstand FCA scrutiny?
In this post, we set out the steps firms must take to be ready to respond to testing. For tech-savvy financial institutions, in-house testing of sanctions screening is relatively straightforward and can help to ensure you’re ready to respond when the FCA call.
Is your Transaction Monitoring system fit for purpose?
Malverde have supported many clients to design, implement and optimise their TM systems. Through this experience we have developed the following checklist to support clients in reviewing the suitability of their system to manage their unique risks and avoid large inefficiencies and costs.