KYC & AML: Best Practices For ComplianceWe all know criminals can be intelligent. As the world becomes more and more digital, thieves are finding bigger and more invasive ways to disrupt innocent people’s lives. With the rapid growth of the fintech industry, many new regulations have come about as a means of protecting consumers’ best…
Read MoreVigilant’s Trade Compliance Program Optimization Solution Apparently, trade war talks between the United States and China are moving in the right direction, as Trump says “It’s going well”, but will only sing a deal that is a good deal. Makes sense. Read on for more details on the latest in the trade war U.S. Customs…
Read MoreMonthly Sanctions Compliance Roundup In 2018, President Donald Trump’s administration saw to it that the United States pulled out of the 2015 Joint Comprehensive Plan of Action (or the “Iran Deal” as it has infamously come to be known) one of the key pieces of foreign policy brought forth by his predecessor at the helm…
Read More5 Aspects of Global Trade Compliance in Supply Chain Management In a world that seems to get smaller every day, global supply chain compliance is becoming evermore essential. Without it, no international company can truly achieve operational excellence. Besides being inefficient, companies that don’t have a solid international trade compliance program in place subject themselves…
Read MoreDealing with Routed Export Transactions What You Should Know About Dealing With Routed Export Transactions Many industries enable organizations to enjoy cross-border, international relationships, but not everybody understands the work that goes into creating successful import and export transactions. While compliance is difficult with any routed export transaction, companies that aren’t prepared for proper regulatory checks will…
Read MoreMonthly Compliance Roundup Following our most recent coverage of the latest developments in the cannabis banking legislation saga, a groundbreaking twist played out on Capitol Hill earlier this week that may see the United States financial system finally open its doors to marijuana-related businesses. It is common knowledge that the marijuana industry is among the…
Read More10 Trade Compliance Accounts You Should Be Following on Twitter As trade compliance professionals, we are constantly being pulled in a million different directions. We often find ourselves in a reactive state, working to fix problems to keep our businesses running along smoothly. While this is one of the things that makes the job interesting…
Read MoreITAR Compliance Checklist It goes without saying that the United States doesn’t want defense-related weaponry to fall into the wrong hands, which is why the government’s oversight of military equipment is far stricter than it is for other types of exports. The set of rules that governs exports found on the U.S. Munitions List (USML)…
Read MoreSanctions Screening 101 You’ve probably heard the terms AML (anti-money laundering) Sanctions, Denied Party Screening, or Sanctions Screening. There are many others out there, but they all have a similar meaning and objective: detect and prevent financial crime and identify suspicious activity. Money laundering and the misuse of financial services for fraudulent and criminal purposes are…
Read MoreThe Use Of Artificial Intelligence In The Supply Chain Talking about artificial intelligence (AI) in supply chain management might seem, at first glance, to be a “futurist” topic — a prediction of what is to come. In actuality, AI in supply chain forecasting, planning and management is extensively used today, and has been for some…
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