• inside_market_data
  • inside_reference_data
  • buy_side_technology
  • sell_side_technology

Accuity Adds Anti-Bribery, Corruption Screening to Compliance Offering

  • Send
  • Comment
  • Send to Kindle

New functionality reflects more FCPA enforcement and stronger requirements in new UK Bribery Act.

Accuity, the compliance and anti-money laundering solutions arm of BankersAccuity, has announced a new Anti-Bribery and Corruption Solution to be included as part of its broader ComplianceMax platform.

The move is a reflection of the greater regulatory attention being directed at preventing corporate crime in the financial sector, coming as enforcement of the Foreign Corrupt Practices Act (FCPA) in the US has markedly increased, and with last year's passage of the UK's new Bribery Act.

Accuity says the new solution will provide real-time screening and workflow management, modules for on-boarding and gifts and entertaining compliance, and will integrate updated sanctions and politically exposed persons (PEP) lists provided by WorldCompliance.

"As we've seen from the numerous high-profile FCPA cases over the last few years, firms with lax bribery and corruption controls face significant financial penalties, shareholder lawsuits, reputational damage, stock price drops and even imprisonment for executives and employees. Firms must be responsible for having stringent controls in place to mitigate any potential risk. We have developed the Anti-Bribery and Corruption Solution to help firms establish and enforce their internal policies and controls," says Henry Balani, managing director at Accuity.


  • Send
  • Comment
  • Send to Kindle

More from Sell Side Technology

Sign-up for WatersTechnology email newsletters

Register for regular alerts to receive up-to-date news directly into your inbox

Related Articles

Latest Media


Visitor comments Add your comment


Add your comment

We won't publish your address

By submitting a comment you agree to abide by our Terms & Conditions Your comment will be moderated before publication

Submit your comment

Winner's Announced: Sell-Side Technology Awards 2014

View the winners...

The winners of the 2nd annual Sell-Side Technology Awards 2014 were announced in New York on April 15. These awards recognize the leading technologies and third-party vendors in their area of expertise, through an auditable and transparent methodology. To view the winners across the 24 categories click here.




Latest Whitepapers


Tackling Teething Troubles: Examining the Current State of the OTC Derivatives Market

The over-the-counter (OTC) derivatives market is in the midst of a global regulatory restructure. Authorities in Europe, Asia and the US are currently...


A data-centric approach to portfolio management

A fast, flexible and reliable investment decision-making process must be based on access to accurate and consistent information throughout an organization....