For financial services, one of the key purposes of the regulatory landscape is to improve financial security and standards within the banking system.

As regulations become more complex and stringent, does ensuring compliance present a burden or do these regulations actually benefit banks?

This topic was the focus of our recent webinar, as academic and Head of Delivery Services & Customer Success at Encompass, Dr Henry Balani, offered insight into his research on the impact of the Fourth Anti-Money Laundering Directive (4AMLD) on bank valuations.

In his presentation, Dr Balani discussed:

  • the current scope of regulations in the sector
  • what his in-depth research revealed about the benefits regulations bring for banks
  • the future of regulation and the role technology has to play

Catch up with the on-demand webinar now.

Click here to view more webinars from Encompass.

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About Dr Henry Balani

Dr Henry Balani is Global Head of Industry and Regulatory Affairs at Encompass. He is a noted industry thought leader and commentator on Regulatory Compliance issues and trends affecting the financial services industry. As a published academic, Dr. Balani also lectures on international business, economics, and regulatory compliance courses globally.

Dr. Balani holds a Doctorate in Business Administration from the University of Wisconsin, an M.B.A. from Northern Illinois University in the USA, and a B.S. in Economics from the London School of Economics.

Connect with Dr Balani on LinkedIn and Twitter.


About Encompass

A full and accurate picture of beneficial ownership is the foundation of effective KYC. Manually building this picture from a plethora of documents and third party sources, however, is a long, expensive and error-prone process.

Encompass’ intelligent process automation conducts on demand document and data collection, analysis and integration from public and premium sources to bring transparency to complex corporate structures and ultimate beneficial ownership, delivering the most accurate and complete KYC on demand.

The full picture of a customer significantly enhances the effectiveness and efficiency of subsequent KYC activities including screening and IDV - both of which can be carried out seamlessly in the Encompass platform if required.

All information on a customer, along with supporting documents, are dynamically compiled into a comprehensive, digital KYC profile that Encompass can also monitor for ongoing regulatory risk.

 

Find out more

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