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Year-on-year, the number of enforcement actions and penalties for non-compliance with anti-money laundering (AML) legislation continues to rise. And...
The Pandora Papers, which were leaked recently to much fervour from the wider media, revealed that several celebrities, politicians,...
The Economic Crime (Anti-Money Laundering) Levy has been developed in the hope of creating a long-term Sustainable Resourcing Model...
The FCA recently confirmed rules for legacy use of synthetic LIBOR rates which can be used for a limited...
Momenta Group, the UK-headquartered global contingent resource firm, that specialises in remediation programmes for financial services and legal sectors,...
Ransomware and financial criminals utilising cryptocurrencies for the purposes of conducting illegal transactions have become key issues of focus...
Following on from the recently issued ‘Dear CEO letters’, regulators have warned that financial crime control gaps need to...
The signs are becoming ever clearer that UK firms should be preparing to beef up their AML systems and...
With the aftershocks and wider impact of the pandemic on businesses still very much in the formative stages of...
It seems that everywhere you turn a BNPL (Buy Now Pay Later) service is being offered to you as...
In an international effort to fight terrorist financing, UK art dealers are now responsible for the appropriate checks on...
The FCA and PRA recently sent out their ‘Dear CEO’ letters in September, asking those in trade finance to...
The last month has seen some significant movement in US markets as momentum builds towards LIBOR’s impending demise. So...
AML efforts in the US have been a key governmental priority throughout the implementation of AMLA 2020 and the...
The signs are becoming ever clearer that UK firms should be preparing to beef up their AML systems and...
Many banks have a backlog of remediation and client files to refresh on top of a timetable of periodic...
It is estimated that more than half of UK firms have been impacted by some form of financial crime...
In the face of an exceptionally challenging year, Momenta are finalists in the Tiara Recruitment Awards by TALiNT Partners in...
Since the start of the COVID crisis in March 2020, UK Banks have distributed more than £75billion of lending...
Compliance departmental spend has seen an enormous surge over the last few months for UK firms who are struggling...
With less than 6 months to now go until LIBOR’s cessation, there is currently a cautious sense of optimism...
Becoming an independent contractor can bring with it opportunities that full time role simply cannot. If you are considering...
Industry Leader Sujata Dasgupta who is the Global Head – Financial Crimes Compliance Advisory at Tata Consultancy Services Ltd...
As US business continue to plan, prepare and look-beyond the imposition of the new AMLA act to a world...
Last week, Thursday 13th May, UK regulators (FCA & Bank of England) urged banks, by the 16th of June,...
On the 29th of April 2021, The Financial Services Bill received Royal Assent, meaning it is now written into...
As we celebrate and raise awareness of the key-themes during mental health week, we wanted to take time during...
The LIBOR Legislation Bill has recently been passed by New York State, raising hopes of a smoother transition for...
Momenta sat down with Industry Leader Marcus Morton, Managing Director Valuation Services, Duff & Phelps, who discussed the importance...
Compliance teams have, it is fair to say in recent times, had a seemingly never-ending array of differing pressures...
In our latest Momenta insight, we explore why the recently passed Anti-Money Laundering Act (the “Act”) of 2020 will...
With the April 1st, 2021 milestone having now been passed, Capital Markets can no longer use LIBOR in any...
In our latest Momenta insight, we focus on the latest notable news and developments to have taken place across...
Until now, the United States and its territories have had sole responsibility for the establishment and administration of legal...
Momenta bolsters The Big Issue’s RORA (Ride Out The Recession Alliance) through offering its staff to coach jobseekers back...
It is commonplace for many people working in the contract or temporary employment market to use a Limited Company...
The LIBOR transition will require a different approach when it comes to ensuring that you have the right people...
The COVID-19 pandemic has created a great deal of concern and uncertainty for industries across the globe, and the...
In recent years, the financial services industry has never seen a greater need for appropriate teams to be in...
The LIBOR transition has been deemed one of the biggest changes to established processes that businesses operating in the...
On 21 October 2020, The UK government announced the launch of the Financial Services Bill. The Bill was specifically...
Listen to the full webinar Our latest webinar with partners people matters, leading experts delved into what measures can...
Most banks have a backlog of remediation to refresh and periodic review to implement. Shifting regulations have meant that...
When considering a career in the legal world a paralegal role can give you first-hand experience of the legal...
Mortgages processing times have increased significantly in the last few months as homebuyers in the UK were able to...
As with many cases of financial crime, criminals use weaknesses to develop their tactics and it’s been no different...
Momenta sat down ( virtually) with Anurag Gupta to discuss it all. Anurag is the Chief Risk Officer at...
Hanif Viriji a LIBOR industry specialist and Director of Vivadum talks to us about LIBOR and explains the real...
Momenta sat down with Ritesh Jain, a leader in the financial services space. He has held positions with the...
On Friday the 9th of October 2020, ISDA announced the launch of its IBOR Fallback Protocol and IBOR Fallbacks...
All facets of society and business are forced to create new norms to adjust to the COVID-19 world we...
LIBOR regulatory updates Policymakers and regulators have been vocal about their expectations of organisations concerning transitioning to new index...
Find your place in the world: How to land your dream graduate role After studying for a certain amount...
The UK will officially complete its transition out of the European Union on the 31st December 2020, and many...
It is no surprise that more societies are adopting cashless methods of transactions, and organisations are embracing digital integration....
Face to face interactions sadly seems to be a thing of the past as financial services players embrace digital...
A biological disease will determine the fate of economic markets, many have never had to predict or deal with...
Momenta sat down with Nitin Shakdher, a professional institutional investor as the Founder & CEO at the Green Capital...
Momenta sat down with Tom Wipf, Vice Chairman of Institutional Securities at Morgan Stanley and Chair of the Alternative...
The importance of collection handlers during a pandemic During these unprecedented times, businesses, in particular those trying to collect...
As criminals have adapted to a faster, digital environment, risk compliance has become a key component for all in...
The financial hardships brought as a result of the pandemic has caused significant growth in individuals turning to Buy...
All players in the financial services sector are facing the biggest change since the implementation of the Euro, as...
The financial industry has never seen a greater need to cope with the abundance of pressure placed on them....
March 2020 saw the US unemployment rate rise to 13.2%, the highest rise seen in the last 50 years...
Compliance teams, the watchdogs of any institution ensuring regulation is adhered to and abided by, will now need to...
Like many countries, Australia has already started to witness the economic ramifications the COVID-19 pandemic has caused. As a...
Global companies are now letting go of the traditional office settings that use to house their businesses. The pandemic has caused global...
Globally, governments are doing their best to create unprecedented financial packages: the UK is no different. In March, the...
Firms are inundated with immense amounts of workloads placed upon them as a result of COVID-19. Fiscal and monetary...
All facets of society and business are forced to create new norms to adjust to the COVID-19 world we...
Adjusting to working from home can be tricky for many as remote working becomes the new norm. Whether you...
Who knew a pandemic would create the optimal opportunity for crime to take place? Well, it most certainly has,...
Society, businesses, and industries are forced to create new norms to adjust to the COVID-19 world we inhabit. So,...
It has consumed our thoughts fuelled our anxiety and we are faced with new work realities, COVID-19 has impacted...
This is as much a financial pandemic as it is a medical one. As global businesses lack clarity on...
COVID- 19 has disrupted every facet of society, work is one of the biggest affected. From managing teams in...
Global digital transformation has changed how we live and also the traditional workplace. Many people are now looking for...
As a society, we are becoming increasingly aware of the threat posed by climate change and its impacts on...
The evolution of artificial intelligence (AI) has become an innovation that is used around the world in a number...
Are you supporting diversity in the hiring process? Workplace diversity is the view that your workplace or business should...
The Australian workforce is 11.9 million and of that number, 38 per cent of employees are open and looking...
The 5th Money Laundering Directive- 5AMLD came to fruition on 9 July 2019 and was adapted into Member States...
The move away from permanent 9-5 roles has encouraged many industries, such as finance and law, to hire contract...
With the European tech scene thriving, start-up businesses with a value of over $1bn (also known as Unicorns) are...
Contracting refers to project-based jobs that are carried out by professionals for a fixed period of time. This type...
Building your network: how to network as a young professional Networking is all about making connections and progressing your...
Are you a born leader who has experience managing multiple teams? Do you encourage productivity and hit quality targets...
Much of the time when a new project is launched there is little information around the project in its...
Against a backdrop of heightened legislative demands, it’s increasingly important for financial institutions to know who their customers are....
It can be hard to keep up with digital transformation in the workplace – in today’s world, the pace...
When people consider how to heighten their employment opportunities, moving to a big city is often high on their...
Moving to a new town or city to enhance your employment situation can undoubtedly be a daunting prospect. In...
Do you have a passion for in-depth research that helps to uncover the whole picture and provides your employers...
A lot of people don’t realise how much of an impact effective internal networking can have on progressing within...
Artificial intelligence (AI) is very much a reality in the 21st century and its influence has become intrinsically linked with...
As many will be aware, the Payment Protection Insurance (PPI) deadline is looming, with the Financial Conduct Authority stipulating...
People buy, generally, on emotion! Never can this be truer than when it comes to choosing a car, new...
Background and history In 2017 HMRC implemented a number of IR35 reforms for ‘off-payroll workers’ in the Public Sector...
With banks, building societies, credit card and loan providers handing out compensation to the tune of £34.4 billion over...
Last year the Financial Conduct Authority (FCA) announced that Small Businesses (SMEs) would be given an additional element of...
It’s increasingly important for businesses to focus on mental health and wellbeing in the workplace as part of a...
Although it is to be hoped that the more sinister themes from Aldous Huxley’s dystopian classic remain mercifully absent...
After a quarter of a decade working for a large corporate insurance company, one day I thought there must...
The FCA recently issued a progress report on its work in relation to the PPI complaints deadline. Included within...
With the Banking Executive Accountability Regime (BEAR) effective since the begin of 2018, banking executives become more accountable for...
Welcome to Momenta Thought Leadership. Every month we will be looking at what matters most in our industry and...