Tech-enabled Risk Mitigation™
Real-time compliance checks to support AML, KYC, and CFT regulatory mandates.
Regulatory Compliance
Fines imposed due to regulatory compliance deficiencies have increased substantially. Regulated entities, even those with established AML and CFT programs, have been subjected to steep penalties. In the last 18 months:
In today's globalized financial world, AML and KYC measures remain critical. These protocols safeguard an organization's reputation, integrity, and competitiveness while protecting the economy.
Governments, central banks, and regulatory bodies are constantly reviewing and enhancing regulations to combat financial crimes. Failure to comply may result in severe penalties, reputation damage, and operational disruption.
Prevention of Money Laundering Act, 2002
The 2023 amendment to India's PMLA mandates stricter identification of UBOs necessitating enhanced due diligence.
Global AML, KYC, and CFT Guidelines
The FATF recommends AML and CFT protocols reflected in the US Patriot Act of 2001, UK's SAMLA 2018 and POCA 2002.
Partnering with Fios
Fios offers a streamlined approach to addressing obligatory AML, KYC, and CFT compliance requisites,
meticulously tailored to align with diverse regulatory mandates.
The tech-enabled service is structured to mitigate regulatory actions by screening for:
Politically Exposed Persons
Sanctions Lists
Adverse Media
Heightened Risk Individuals & Entities
Modern Slavery
Shell Companies
Organised Crime
Terrorists
Drugs & Arms Traffickers
Offshore Leaks
About Fios
Fios is steered by a leadership team with extensive industry experience spanning decades. Our proficiencies extend to conducting compliance checks across a range of industries worldwide. At the heart of our operations lies an unwavering dedication to safeguarding client data and upholding strict confidentiality. We consistently deliver our services with steadfast professionalism and highest ethical standards.
Focused on Open Data Intelligence collation, our proprietary automation tool enhances the capabilities of risk management teams by delivering accurate, reliable, and real-time information.
Core Services
in-country checks.
