Encompass Corporation

Tier 1 banks planned toward one date: August 2, 2026. That was when high-risk obligations were due to apply to KYC risk scoring, beneficial ownership mapping, and AML flagging. That date has now changed. On July 24, 2026, the EU published Regulation (EU)

The SEC's mandatory central clearing requirement for U.S. Treasury (UST) transactions takes effect on December 31, 2026, for eligible cash transactions and June 30, 2027, for eligible repo transactions. Before a single trade clears under the mandate, firm

What is the difference between an API vs MCP? An application programming interface (API) is a fixed, pre-agreed contract for moving specific data between systems. By contrast, Model context protocol (MCP) is a standard that lets an artificial intelligence

Update, August 2026: Since this piece was first published, FinCEN has finalized the permanent end of beneficial ownership reporting for U.S. persons and companies, and confirmed it will delete previously filed data. This sharpens the argument below rather

On August 11, 2026, the Financial Crimes Enforcement Network (FinCEN) issued a final rule permanently ending beneficial ownership information (BOI) reporting for U.S. companies and U.S. persons under the Corporate Transparency Act, effective on publicatio

On July 6, 2026, the Financial Conduct Authority (FCA) published the Mills Review. It sets out how artificial intelligence (AI) will reshape retail financial services by 2030 and beyond. Sheldon Mills (Executive Director, FCA) led the work. It is the firs

If your institution operates across more than one jurisdiction, AML compliance is not a single program. It's several, each with its own rules, its own regulators, and its own enforcement teeth. The frameworks in the UK, the European Union, the United Stat

What this article covers: What AI in KYC actually does - and what it does not Why auditability is the real implementation question How to evaluate AI for KYC without creating new regulatory risk What a defensible AI-assisted KYC process looks like in prac

For KYC operations leaders, the pressure to reduce onboarding friction without compromising AML standards is relentless. eIDAS 2.0 and EC Public Automation, however, are creating a genuine opportunity to move beyond the document-heavy processes that slow

As AI tools become a fixture in financial services, a quiet but important shift is underway in how those tools connect to the data they need. Model Context Protocol (MCP) is rapidly emerging as the standard that makes AI genuinely useful. Particularly in