With the 2015 acquisition of TONBELLER, FICO® offers a comprehensive modular set of solutions to fight money-laundering, fraud, terrorist financing, and to fulfill bespoke requirements for Governance, Risk and Compliance in the best possible way.
As part of the Siron® Anti-Financial Crime Suite the AML and KYC modules are the most widely used solutions in the world, with over 1,000 installations in over 100 countries! Siron® solutions consistently follow the risk-based approach and support all phases of the compliance process with integrated solution modules; from specific risk analysis and continual risk assessment to monitoring of transactions and behavioral patterns, as well as a central case management with risk and compliance dashboards, and numerous best-practice scenarios gleaned from the large number of customer installations.
The software is highly standardized and configurable and provides for a fast roll-out, based on the latest compliance requirements. This paves the way to genuine cost efficiency, transparent total cost of ownership and solutions that can grow along with the challenges of our customers.
|Source or Type of Report||Description|
|2019 International Narcotics Control Strategy Report (INCSR)||The 2019 International Narcotics Control Strategy Report (INCSR) is an annual report by the Department of State to Congress prepared in accordance with the Foreign Assistance Act. It describes the efforts of key countries to attack all aspects of the international drug trade in Calendar Year 2018. Volume I covers drug and chemical control activities. Volume II covers money laundering and financial crimes.|
|Terrorist Designations and State Sponsors of Terrorism||Foreign Terrorist Organizations (FTOs) are foreign organizations that are designated by the Secretary of State in accordance with section 219 of the Immigration and Nationality Act (INA), as amended. FTO designations play a critical role in our fight against terrorism and are an effective means of curtailing support for terrorist activities and pressuring groups to get out of the terrorism business.|
|Financial Action Task Force (FATF)||See: => High-risk and other monitored jurisdictions
=> Improving Global AML/CFT Compliance: On-going
Process – 22 February 2019
|Financial Action Task Force (FATF)||On the basis of the results of the review by the International Co-operation Review Group (ICRG), the FATF identifies jurisdictions with strategic AML/CFT deficiencies in the following public documents that are issued three times a year: FATF Public Statement (call for action) and Improving Global AML/CFT Compliance: On-going Process (other monitored jurisdictions).|
|Section 311 Special Measures||Special Measures for Jurisdictions, Financial Institutions, or International Transactions of Primary Money Laundering Concern|
|The World Bank||Country classifications|