Navigating the AML and KYC regulatory landscape in offshore locations: key requirements and best practices

Written by John Carr, Chief Risk Officer, MWek Solutions

As financial transactions and ownership structures of the businesses that operate them has become increasingly globalised, the need for robust anti-money laundering (AML) and know your customer (KYC) regulatory compliance has grown exponentially. Offshore jurisdictions play an important role in the global financial system: it is essential for firms to u…