Operating infrastructure for remittance firms.
Remittance firms operate across multiple jurisdictions with complex correspondent banking relationships, sanctions screening requirements, and AML obligations that demand continuous evidence production.
Regulatory Pressure
Cross-border AML/CFT compliance across corridors
Sanctions screening and PEP monitoring obligations
Correspondent banking due diligence requirements
FCA supervisory expectations for MSBs
Payment transparency requirements under PSRs
Operational Risk
De-risking by correspondent banks
Sanctions screening failures across corridors
Inconsistent AML standards across jurisdictions
Manual transaction monitoring at scale
Governance Burden
Multi-jurisdictional compliance programme management
Agent and partner due diligence documentation
Correspondent banking relationship governance
Board-level AML oversight and MLRO reporting
Supervisory Expectations
Sanctions screening effectiveness evidence
Correspondent banking due diligence records
AML risk assessment covering all corridors
Agent monitoring and supervision documentation
RegNexus Deployment
RegNexus OS for multi-jurisdictional compliance operations
Supervisory Reality Engine for FCA examination readiness
RegNexus Books for financial evidence and reconciliation
Horizon Watch for regulatory change across corridors
Deploy RegNexus for Remittance Firms
Schedule a platform briefing to discuss deployment architecture for your institution.