Comprehensive and Focused Expertise to Help Companies Proactively Develop and Implement U.S. Foreign Corrupt Practices Act (FCPA) and U.K. Bribery Act Programs.
Accuity, the leading provider of payment routing data, AML data and screening software and services, is pleased to announce its Professional Services Group (PSG) provides the industry’s most comprehensive and focused expertise to help companies proactively develop and implement comprehensive U.S. Foreign Corrupt Practices Act (FCPA) and U.K. Bribery Act programs to minimize risk and avoid fines and reputational damage from high-risk entities.
Recently, the U.S. and U.K. governments have made it clear that corruption, bribery and financial fraud are at the forefront of their initiatives, with fines and enforcement actions from FCPA and U.K Bribery Act violations on the rise. By combining a comprehensive and powerful suite of anti-bribery and corruption technology with the industry’s top subject-matter experts, Accuity provides organizations unique, thorough, end-to-end solutions for assessing risk, monitoring activity and ensuring compliance with the FCPA and U.K. Bribery Act. With over 120 years of collective experience, Accuity’s Professional Services Group helps clients identify sanctioned, politically exposed and high-risk entities within supply chains, client databases, employee and sales agent records, partner and outsourced provider relationships and throughout their organizations.
Employing a collaborative and structured approach, Accuity’s PSG provides periodic, documented and detailed risk assessments to determine any potential internal issues and exposure to bribery and corruption. PSG also produces clear, practical and risk-based anti-corruption procedures and offers customized, risk-based training and education to affected employees on relevant statutes, responsibilities and risk factors. If needed, PSG can also assist with remedial efforts, resolving problems and disclosing alleged violations to the appropriate government authorities. For the most robust and effective AML programs, PSG offers a Data Cleanse service for optimal screening efficiency, actionable recommendations for False Positive Reduction, a bi-weekly Screening Alert Report Service with the latest caution list updates from regulatory agencies around the world and an Optimization Assessment to fine-tune key components for improved quality and efficiency.
“While technology is a powerful front-line tool in the war against AML, bribery and corruption violations, even the most powerful software and solutions can be made more effective by addressing outstanding issues and challenges and employing best practices whenever possible,” said Henry Balani, Managing Director of Accuity’s Professional Services Group. “Accuity’s PSG is committed to helping organizations maximize protection against bribery and corruption risk, and brings hard-won industry expertise to the task day in and day out.”
Accuity, a leading global provider of financial crime screening, payments, and know your customer (KYC) solutions, and part of RELX, announced today t...View article
Air cargo carrier signs multi-year deal with Accuity to optimise its sanctions compliance and export control programs. Emirates SkyCargo, the freight ...View article
Accuity survey reveals firms that embrace better risk management practices are protecting their reputation and increasing competitive advantage •...View article