Venture Vault’s Post

Compliance Challenges for Private Equity Firms: How to Stay Ahead #Markets #Economy #investing #money #bankingindustry #productivity #bestadvice #businessintelligence #Innovation #Management #Technology #Entrepreneurship #Startups #VentureCapital #Economics #strategy #business #artificialintelligence #socialentrepreneurs

Structuring tructuring, also known as smurfing, is a method used by individuals or entities to avoid triggering financial reporting requirements by breaking up large transactions into smaller ones. This practice is commonly associated with money laundering and is illegal under anti-money laundering (AML) regulations. Here's how structuring typically works: Breaking up Transactions: Instead of making a single large transaction, the individual or entity makes multiple smaller transactions, each below the threshold that triggers reporting requirements. For example, instead of depositing $10,000 in cash at once, they might deposit $9,000 on one day, $8,000 on another day, and so on. Avoiding Suspicion: By keeping each transaction below the reporting threshold, the individual or entity hopes to avoid attracting attention from financial institutions and regulatory authorities. This can make it easier to disguise the source or destination of the funds. Layering: Once the funds are broken up into smaller transactions, they may be moved through multiple accounts or financial institutions in a process known as layering. This adds complexity to the trail of the funds, making it more difficult for law enforcement to trace their origin or destination. Integration: Finally, the funds are integrated into legitimate financial activities, such as investments or purchases, to give the appearance of legitimate income.

Creating Structures for Sustainable Growth in Fintech Successful fintech companies understand the importance of having a solid structure that supports growth and innovation. At Chambersfield, we pride ourselves on providing tailored structuring strategies designed to maximize your fintech impact. Read more on our article: https://lnkd.in/g6zVgYyM Contact us at www.eklawyers.com | +357 25 356 800 #Chambersfield #Economides #Kranos #CEK #Lawyers #EUcompany #Cyprus #LegalExcellence #Fintech #FintechLaw #FinancialTechnology #FintechServices #DigitalFinance #FintechCompliance #FintechSolutions #FintechInnovation #LegalCompliance #RegulatoryCompliance #LegalConsulting #InvestmentLaw #LegalSuccess #ComplianceExperts

Did you know?? Electronic payments actually come with a ton of benefits. 💡 I used to have a hard time with clients when they wrote out checks with no money in their account… no surprises, the checks bounced. I had to nudge them a whole bunch of times, plus pay bank fees… no fun. With electronic payment, it’s easier to audit for fraud. Check payments may not be taking dollars out of your pocket (not directly anyway), but it is SO easy for people to scam businesses by “paying” with checks. ***Mind-blowing statistic from Forbes: 66% of organizations have had to fight check fraud.*** Don’t be a mind-blowing statistic. Accept electronic payments. 👌🏻 Do you accept electronic payments? #businessowner #Entrepreneurship #Finance #alwaysbeprofiting

I always get from clients "Great, happy with the price. Please tell us how much you charge for the credit and AML checks on top" I don't. You get your full screen completed for only £65! We also hear, "How much for the login to your portal" NOTHING! We strive to make screening easier and simple for you, so if that means I put money into technology to make things easier, then I will. We are newly associated with the International Professional Security Association (IPSA) as we want to raise the standards and ensure the nest practices of screening across the NATION! yes that's right. We have only had 3 clients leave 1 - I had to keep chasing for payment so I put them on upfront payment terms 2 - Went in-house 3 - Went in-house. BUT GUESS WHAT? they came back! they saw the financial burden of a full time screener was more than what they were paying us. I am proud that no one has left us as they have had a better service elsewhere. I love the relationship I have with all my clients and love that we have a fabulous impact on them. Get in touch with us today :) #screening #innovation #management #digitalmarketing #technology #creativity #BS7858 #screening #vetting #uk #security #smallbusiness #futurism #startups #marketing #contentmarketing #digitalmarketingtrends #contentmarketingexperts #entrepreneurship #acs #compliance #careers #markets #socialnetworking 

🚨 Beware of Scammers in the Investment Banking Sphere! 🚨 The investment banking world is witnessing an ongoing scam, and as founders, it's crucial to stay vigilant. Many so-called "investment banking" firms lack real expertise. While they may occasionally get companies funded, these are often mere coincidences. Out of the 200-300 clients they onboard, only 2-3 might see funding. The alarming part? They charge hefty onboarding fees, promising "we will get you funded." But what founders often get in return is disappointment and months of lost runway. Here's the reality: 1. These firms use large databases with generic filters, labeling it as "AI" to impress clients. 2. They spam potential clients relentlessly, often harassing them to pay if they show any interest. 3. Once payment is made, they use the founders' email addresses and domains to spam investors, which can lead to the blacklisting of those domains. 4. If any investor responds, they set up a call, but there's no real investor network behind the scenes. Don’t be misled by glowing reviews or video testimonials—many of these are staged. Analysts are often incentivized to create these fake testimonials, pushing founders to provide positive feedback with empty promises of investor calls. In reality, some of these firms may close a deal or two in 3-4 years. Compare that to something genuine like VentureUp, where 5 deals have been completed in just 6 months of proper operations. 🛑 Startup founders, please do your homework. 🛑 Don’t fall for flashy promises and fake testimonials. Before paying any onboarding or signing fees, ask detailed questions about each deal they claim to have done. If they can't provide real answers, you know what you're dealing with. Your hard-earned money is too valuable to waste on scams. #StartupAdvice #InvestmentBankingScam #FoundersBeware #VC #VentureUp

FundedNext & Deel Navigate Compliance Review: A Transparent Approach #propfirmjobs #financecareers #traderoom #financeprofessional #financenews #tradingcareer #fintechstartup #financialeducation #tradingpsychology #riskmanagement #ProprietaryTrading #FinancialMarkets #InvestmentStrategies #RiskManagement #TradingSoftware #FinancialServices #MarketTrends #EconomicInsights #BusinessGrowth #ProfessionalNetworking

Fintech Licensing, Clearing Regulatory Hurdles. Contact us at www.eklawyers.com | +357 25 356 800 #Chambersfield #Economides #Kranos #CEK #Lawyers #Business #EUcompany #Cyprus #corporateservices #services #intellectual #property #companyregistration #entrepreneur #lawfirm #success #entrepreneurship #businessowner #mindset #investment #finance #work #company #technology #tech #digital

Starting a bank in the UK may sound daunting, but it’s more achievable than you think! In this guide, DashDevs outlines the critical steps, regulatory requirements, and key technology considerations to help you establish a successful banking venture. If you’ve ever dreamed of reshaping the financial world, this is your chance. Discover how: https://lnkd.in/eHj8tB4f #ukbanking #fintechstartup #finance #banklaunch #financialservices #entrepreneurship

New Fintech Attara Seeks to Bring Financial Certainty to UK SMEs Read more: https://lnkd.in/dSshSkUB #Attara #Fintech #UKSMEs #FinancialCertainty #finance #fintech #FinancialIT