Undertaking KYB checks in the Middle East & Africa can be painful and slow, but a robust KYB process can help to protect your organisation. We have selected five of the most common challenges together with potential solutions for onboarding customers in the MEA region.
Diligencia has announced beginning of July a new partnership with Red Sea Global, the visionary developer owned by Saudi Arabia’s Public Investment Fund (PIF), that will enable Red Sea Global to forge new business relationships whilst meeting the highest standards of regulatory compliance.
Fynhaus, an advanced compliance and payment messaging solution provider, has entered into a partnership agreement with Diligencia, a leading provider of corporate intelligence and due diligence solutions in the Middle East and Africa (MEA).
Migration is currently one of the hot topics dominating everyday Turkish discourse. Although the exact figures are unclear, Turkey may have received as many as eight million foreign nationals over the last ten years, representing a 10% increase to its population.
While I generally try to avoid making ill-fated predictions and resolutions at this time of year, there are times when a passing comment or suggestion seems to put a new complexion on, and even set the tone for, the 12 months that lie ahead.
There are hundreds of free zones in the Middle East and Africa. While many set and maintain high standards of governance, various regional factors can undermine initiatives to improve compliance. Diligencia’s Jonathan Siklos examines some of the challenges associated with free zones and the steps businesses can take to minimise risk when exposed to them.