![Risk.net](https://www.risk.net/sites/default/files/styles/print_logo/public/2018-09/print-logo.png?itok=1TpHrpuP)
Close to home: the value of localisation in fighting financial crime
![Close to home: the value of localisation in fighting financial crime](/sites/default/files/styles/free_crop/public/2023-10/Chartis_SGR_FinCrime%20Data%20TL_for%20review%20Sep06-1.jpg.webp?h=aa477558&itok=piMP7by5)
The speed of onboarding a client, releasing a payment, authorising a loan and providing key banking services is critical to a financial institution’s competitiveness and bottom line. In this context, being able to conduct proper, meaningful due diligence checks is vital.
In achieving this, local knowledge and sources increase the likelihood of finding more – and deeper – information about current and future clients. This is especially true in two key areas of financial-crime mitigation, which are considered in this short report (a collaboration between Chartis and SGR Compliance): performing adverse media checks and identifying politically exposed persons.
Download the Chartis report, Close to home: the value of localisation in fighting financial crime
Sponsored content
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@risk.net