Insights on Compliance, Risk & RegTech
Practical guidance from the One Constellation team — KYC, AML, transaction monitoring, sanctions, and the regulatory landscape that shapes them.
CryptoMAS Payment Services Act: Crypto (DPT) Licensing Pathway
Crypto exchanges, brokers, custodians and transfer services in Singapore are licensed under the Payment Services Act 2019 (PS Act) as providers of a digital payment token (DPT) service.…
Politically Exposed Persons (PEP)PEP Categories Explained: Domestic, Foreign, International Organisation — and RCAs
PEP is not one category but three, and the obligations attaching to each differ across regimes. Add relatives and close associates and the population a firm must identify…
RegulationsMAS Notice PSN01: AML/CFT Requirements for Payment Service Providers
MAS Notice PSN01 is the principal AML/CFT obligation for payment service providers licensed in Singapore — the payments-sector counterpart to Notice 626. This guide covers the scope, the…
Know Your Customer (KYC)Transfer Agents and Shareholder Identity Verification
Transfer agents maintain the register of record for securities issuers, which makes shareholder identity verification a different problem from account onboarding. This guide covers registered versus beneficial holders,…
Due Diligence (DD)Correspondent Banking Due Diligence and the Wolfsberg CBDDQ
Correspondent banking concentrates risk: you are providing services to an institution whose customers you never see. This guide covers the Wolfsberg CBDDQ, the nested relationship problem, how to…
ComplianceAML Training: What Regulators Expect Beyond Completion Rates
Training is one of the pillars of an AML programme and the one most often reduced to an annual completion statistic. Examiners increasingly test whether training is matched…
RegulationsMoney Transmitter AML Compliance: MTL, MSB Registration and BSA Obligations
Money transmitters carry a dual burden most guidance ignores: federal BSA obligations through FinCEN registration, plus a state-by-state licensing regime with its own examinations. This guide covers where…
RegulationsUK AML Compliance: MLR 2017 and What the FCA Expects
The UK AML regime is assembled from several instruments at once: MLR 2017 sets the preventative obligations, POCA creates the reporting duties and criminal offences, the FCA supervises…
ComplianceAML Internal Audit: A Third-Line Testing Checklist
First-line checklists confirm the work was done. Third-line audit asks whether the control would have caught what it was designed to catch. This guide covers risk-based scoping, sampling…
