Complygate Blog

How to detect misuse of the financial system by PEPs? and PEP behaviour red flags. How may PEPs attempt to disguise their true Identity? PEPs Know that their distinction as a Politically exposed Person (PEP) may make easy the unmasking of their illicit behaviour. This means that PEPs may knowingly try to disguise their identity, to prevent any exposure. Here are few examples: Using corporate vehicles (legal entities) to hide the beneficial owner and create confusion. Using corporate vehicles without valid a business or business reason. Using third-party intermediaries when this does not match with normal business practices or to disguise identity of PEP. Using close family members or confidants as legal owner. What are the behaviour Red flags with PEPs? Use of corporate vehicles (legal entities) to hide A) ownership, B) involved industries or C) jurisdictions/countries. .. Politically Exposed Persons (PEPs) will always try to disguise their identity to avoid being exposed. How to detec...

5 Great Myths About Modern Work and People We make a lot of assumptions about the key factors and different topics surrounding the workplace, employees and organizations. The truth is, that not everything is as simple, and that this is a very complex world. Read our last post about the “5 Great myths about modern work and people”.  Click here to read more.

Right to Work Checks From January 2021 the points-based immigration system has been implemented. UK employers have incorporated the proposed practices so all future recruitments are made according to the Government’s Right to Work plan. Learn more on our last blog post.

What is digital Identity and key components of digital ID systems? What is a digital ID system and which are its components? In our last blog post we talk about the role of digital identity and digital ID systems in today's world, and how they are related to each other and to the management of any organisation. Identity is a difficult concept with various meanings. For our purposes, an identity is a combination of attributes that belong to an individual. One attribute may not be enough to differentiate one person from another, however, a combination of characteristics can be a real game changer. Identity is often referred as official identity of an individual, which is different from the social identity of an individual which can not be used for regulated purposes. What is digital identity? Read the full blog on our website.

Employee engagement in the new normal With the new normal, and the announcement of a new Lockdown in the UK on the 5th of January, driving employee engagement and motivation has become a key focus area for HR professionals. Learn what are the key factors to employee engagement in the new normal on our last blog post. Click here to read the full article.

Performance Management System: Has Covid-19 made the broken system worse? Performance Management Systems have been criticised for decades, as new practices and use of technology have failed to bridge the gap. However, the management of employee’s performance remains one of the biggest challenges for line managers and leaders in this new normal. 35 years ago Edwards Deming described the idea of evaluation of performance, merit rating or annual review as alluring, and the result of the process is exactly what the word means. Many other followed Edward Deming and got on the bandwagon as performance reviews are not done often enough or too often managed poorly. Constructive and unbiased feedback is like finding water on mars. Covid-19 has changed business models, workplace, and the workforce needs to adapt, so how we evaluate performance needs to be carefully considered. It is especially important to plan for the competency development for the new normal. Organisations invest mountains of ...

  What are the benefits of digital id and identity verification systems? Online ID and identity verification systems have many advantages, such as reducing the weaknesses in human control measures, user friendly experience, decrease of costs, transaction monitoring, and much more. According to Capgemini and BNP Paribas - World payments report (2018) Digital payments are growing at an estimated 12.7% annually, and further forecasts suggest that it may reach 726 billion transactions annually by 2020. An estimated 60% of world GDP will be digitalised by 2022. For Complygate who is leading the online digital id and identity verification process, the growth in digital economy requires a better understanding of how individuals and firms are being identified and verified in the world of digital financial marketplace. An understanding of how Complygate digital identity and id verification system works is essential for financial firms to apply the risk-based approach recommended by The Fina...

  What is online ID and Identity Verification? Nowadays identity theft prevention policies are a must-have for any company. Performing ID and Identity verification checks is something that shouldn’t be neglected. The most efficient way to do so is by using a robust online solution. Learn more about what online ID and Identity Verification is here .

  What is Money Laundering? Money laundering is the illegal process of “cleaning” criminally obtained money in order to reintroduce the laundered funds into the legitimate economy. Many organisations find themselves involved in money laundering operations because of poor or weak controls. Learn more about it here.

  Components of an AML Compliance Program Which are the key aspects of an Anti-Money Laundering (AML) compliance program? Incorporating new measures and features to a company’s security controls and policies is a difficult yet very important task to do in order to ensure compliance. Check out which are the key components to consider on our last blog post. Read more here.

Hiring a Pre-employment Screening Company Learn about the importance of counting with a robust Pre-Employment Screening solution for your company, and what are the key features that you should look for before you make any choices. Major global job markets have largely become candidate-driven. Major impetus is on the candidates and employees who are given a number of choices for various organizational roles at hand. With this immense ecosystem churning up the critical needs for the right resources, employers and headhunters feel the immense need to attract the best and right talents. This has made its imperative to conduct pre-employent screening checks for prospective candidates to prevent falsified profiles and other possibilities to creep into the system and thus harm the economy in a number of ways. What Pre-employment screening service does your company use at the moment? We’re reading you! https://www.complygate.co.uk/blog/hiring-a-pre-employment-screening-company

Conducting Reference Checks for Prospective Candidate Reference checks are conducted during the Pre-Employment Background Checks of the aspiring candidates to a job offer in order to understand the candidate’s Work Capabilities from previous employers. Acing interviews does not mean candidates make the cut for designated roles in organizations yet. Integrity and compatibility of a candidate are very important character traits, a great deal of which can be learned from previous employers by making and obtaining reference checks. Find out how and why to perform reference checks for prospective candidates on this blog post.

Top 15 Advantages of a Centralised Background Screening Online Portal The key to Background Screening is for the program to be Centrally Managed, mitigating risks, augmenting and strengthening compliance, and providing a seamless and a robust end-user experience. The job markets associated with major economies of the world have greatly become candidate-driven wherein job seekers are provided many choices for skilled roles. This further requires the employers to find new ways to ensure and maintain better candidate experience and employer brand, which can ensure attracting best and right talents. Simultaneously, background checks of candidates are extremely important to prevent fabricated falsifications and memberships and any other possibilities which can lead to harmful consequences for the economy. You can find out about the 15 Advantages of a Centralised Background Screening Online Portal on this blog post.

  Sanctions and PEP screening processes for an efficient KYC As an organization, if you engage in any transactions with customers who appear on any of the PEPs and sanction lists it may lead to significant fines. Do you have any checking system to avoid #compliance failure? Learn more about Sanctions and PEP Screening Processes for an efficient KYC on this blog post.

Role of Robotic Process Automation (RPA) in HR It’s always talked about how technology is changing the workplace, but aren’t you curious for some specific examples of these changes? Robotic Process Automation (RPA) is a workflow-assist methodology which employs the use of pre-built custom software, known as ‘robot’ to estimate, interpret and process various IT applications and enable data and communication transactions through various departments. Robotic Process Automation (RPA) has built a name for itself within a very short span of time. In a survey of over a 100 Shared Services leaders conducted by Deloitte, all respondents agreed upon RPA being a “future solution”, along with 74% among them planning to introspect RPA technology immediately. ... Check out this blog post to learn what #RoboticProcessAutomation #RPAA) and its role in #HRManagement is.

Managing Pre-employment Checks Do you know about the different pre-employment checks that you can make in order to get to know who is your potential employee? Before hiring and putting him / her on the job, the employer wishes to carry out a certain number of checks on the new employee. These checks depend on the type of organization where the applicant is applying to work on a specific role. A careful and thorough knowledge of various pre-employment checks are required before shortlisting the right candidate. Keep reading here.

Carrying out Right to Work checks during Covid-19 Crisis Even in Covid-19 times it is required for the Right To Work Checks to be continued in order to maintain compliance in accordance with the UKVI policy. Did you know about the temporary adjustments to the current situation that allow video calls, scanned documents and more on the process? Continue reading here: https://www.complygate.co.uk/blog/carrying-out-right-to-work-checks-during-covid-19-crisis

  Using AI-based Tools for ID Verification Identity theft cases (worldwide and in the UK) have augmented in the last few years, especially in the eCommerce sector, where payment methods are involved. This is why ID verification is such a crucial part of companies nowadays. Using AI-powered solutions in the process - in conjunction with human intelligence - increases the businesses’ chances to process information intelligently and prevent being scammed. Learn more here:  https://www.complygate.co.uk/blog/using-ai-based-tools-for-ID-verification

  RIGHT TO WORK CHECKS – GEARING UP FOR CHANGES UP AHEAD During the Covid19 pandemic the UK Visas & Immigration amended the Temporary Right To Work checks , and from January 01 a Points Based immigration system will be implemented in the UK, and will be applicable both to EU and non-EU citizens. Be prepared for the changes to come. Learn more about it in this blog post on our website.  https://www.complygate.co.uk/blog/right-to-work-checks-gearing-up-for-changes-up-ahead

  Online Identity Verification – Avoiding Common but Serious Mistakes While Picking a Solution Effective online identity verification reduces fraud, compliance risk and abandonment rates for your company. Make sure that you avoid these common but serious mistakes while picking your online ID verification solution. Read more here:  https://www.complygate.co.uk/blog/online-identity-verification%E2%80%93avoiding-common-but-serious-mistakes-while-picking-a-solution