Financial crime investigator: OpenCorporates is the ‘starting point’ of any investigation

It’s well documented that legal entities are commonly abused to facilitate financial crime. As far back as 2006, the Financial Action Task Force stated that “Shell corporations and nominees are widely used mechanisms to launder the proceeds from crime, particularly bribery”. That’s why countless transnational investigations into financial crime have started or been enhanced by … Continue reading Financial crime investigator: OpenCorporates is the ‘starting point’ of any investigation

[Webinar] Scale Up Anti-Financial Crime Innovation with Transparent Legal Entity Data

Monday, 7 June 2021 11:00 - 12:00 New York / 16:00 - 17:00 London Co-hosted by the Association of Certified Anti-Money Laundering Specialists and OpenCorporates Register to attend the webinar > OpenCorporates will be co-hosting a webinar with the Association of Certified Anti-Money Laundering Specialists (ACAMS) – the “largest international membership organization for anti-financial crime … Continue reading [Webinar] Scale Up Anti-Financial Crime Innovation with Transparent Legal Entity Data

ACAMS Europe: Impact lead to join panel on data analytics in financial crime prevention

Data analytics plays an increasing role in anti-financial crime efforts. After all, it’s through connecting disparate datasets and analysing the results that anti-financial crime professionals can often uncover red flags and patterns of suspicious activity. Company data is critical in this kind of analytics – because you cannot join the dots between companies, individuals and … Continue reading ACAMS Europe: Impact lead to join panel on data analytics in financial crime prevention

Corporate transparency: technical solution & a matter of social justice | Reflections from FinCrime World Forum

Access to fit-for-purpose company data (that is machine readable, contains provenance etc) has fast become an essential ingredient in anti-financial crime efforts. Whether you’re an investigative journalist, a law enforcement agent or a RegTech product manager, everybody in the anti-financial crime community stands to benefit from open access to company data. In this context, Rebecca … Continue reading Corporate transparency: technical solution & a matter of social justice | Reflections from FinCrime World Forum

10 reasons why KYC professionals rely on OpenCorporates

Millions of OpenCorporates company datapoints are utilised every month – either for free via our open website or at scale via our paid-for API and Bulk Data subscriptions. Many of those using the data are professionals working in: Know Your Customer (KYC), third party risk management, business onboarding or similar compliance related roles. Their challenge … Continue reading 10 reasons why KYC professionals rely on OpenCorporates

Case study: OpenCorporates’ data helps Encompass automate Know Your Customer due diligence

“OpenCorporates' company data, when combined with on demand registry, regulator and exchange information from Encompass, helps our customers understand the full picture about a customer or other third party – fast. This means they can make more informed decisions as part of their Know Your Customer or anti-money laundering activities”. Alan SamuelsHead of ProductEncompass Challenge … Continue reading Case study: OpenCorporates’ data helps Encompass automate Know Your Customer due diligence

[Webinar] Fighting Financial Crime: The White Box Company Data Revolution

On-Demand Webinar Watch webinar recording > Black Box company data is holding back the fight against financial crime.  In a world where technology, transparency and inter-connected datasets are increasingly essential to uncover illicit activity involving companies – Black Box data is no longer fit for purpose. That’s why the White Box data revolution is underway: … Continue reading [Webinar] Fighting Financial Crime: The White Box Company Data Revolution

Dark Money Conference: Why financial criminals hate OpenCorporates & open company data

Money laundering and other financial crimes are often facilitated via complex cross-border networks, with legal entities acting as key getaway vehicles for those perpetrating illicit activity. Exposing and tackling these networks cannot be achieved by one actor alone. It requires an organised, collaborative and international response from across government, law enforcement, business, civil society and … Continue reading Dark Money Conference: Why financial criminals hate OpenCorporates & open company data