Richard Grey - AML & Financial Crime Consulting

Difference Between KYC & AML

Posted on 10 October 2024 by richard.grey

Is Cash Still King? An AML Guide For Cash Intensive Businesses

Posted on 26 September 202426 September 2024 by richard.grey

Differences between AML and KYC processes.

Difference Between KYC & AML

Posted on 10 October 2024 by richard.grey

It is important to distinguish the difference between KYC & AML processes. Whilst the terms are often used interchangeably, there are differences between the two, rather distinct processes, and they should not be confused. Here are the four main ways in which the processes differ: KYC Process: Conducting thorough data collection and validation via required […]

Is Cash Still King? An AML Guide For Cash Intensive Businesses

Posted on 26 September 202426 September 2024 by richard.grey

Believing that the era of cash is over would be the equivalent of believing that unicorns exist, and that politicians never lie. According to UK Finance, cash is the second most commonly used payment method in the UK, falling behind payments made by Debit or Credit card. Now, more than ever, it is vital for […]