
Steward | Your partner in crime
The ultimate weapon against dirty money: Tourism boost?
Hi ! Welcome to Steward! Expect to experience compliance magic ✨ where no magic has gone before - the investment world.
Product Release: What if FATCA/CRS was fun? 👾
Nobody likes FATCA/CRS - it feels like forms that were invented for lawyers by lawyers.
Therefore, we made sure that this experience is magical with our ✨ FATCA/CRS Workflow ✨. One more step in slicing the time of onboarding. The best part is that you can even upload your existing FATCA/CRS form and we will do the rest for you! Check it out below:

👀 Did you know → FATCA penalties are asymmetric? Meaning foreign companies can face huge financial and business risks in terms of withholding tax and correspondent banking loss, but US institutions have no reciprocal sanction ←
Get in touch to check it out our FATCA/CRS solution in a live demo.
Key Highlight this month 🚩
The teams at Vega & Steward have banded together to offer an integrated solution combining Vega’s AltOS and Steward’s AI-driven AML systems. This will enable fund managers to provide friction-free investor onboarding, automated due diligence, and transparent risk management – all within one connected AltOS ecosystem.

Hiring Spree
We are growing and growing here at Steward! Bring forward your bravest:
1x Founder’s Associate (London, New York)
2x Business Development (London, New York)
1x Product Designer (New York, Tel Aviv)
2x Full-stack Engineers (New York, Tel Aviv)
Crime Treasures 💰
Gangsters bought a bank! The UK’s NCA recently lifted the lid on Operation Destabilise - and what they uncovered reads less like financial crime and more like a geopolitical thriller. A vast money-laundering network operating across the UK allegedly:
hoovered up cash from drugs, guns and organised crime
converted it into crypto at scale
bought a foreign bank to evade sanctions
and funnelled money linked to Russia’s war effort
Over 120 arrests. £25m+ seized. This wasn’t hidden in the dark web. It moved through couriers, crypto rails, payment firms and banks - right through the gaps between “normal” compliance checks. Cash-to-crypto is no longer an edge case. It’s critical infrastructure for modern organised crime.
AML just became a matter of national security.
Meme of the Month 🚀

AI is all the rage in the consultant community
2026 is going to be a year of discovery for a lot of operational teams. Don’t fret it, Steward will be here to help guide you through the biggest trends in AI adoption!
Random Quirks 🕵️
Tourism may become THE panacea of Financial Crime…

According to the latest thinking, the most effective way to tackle financial crime is not better controls, transparency, or enforcement, rather it is investing in more sightseeing opportunities.
Why wrestle with complex ownership structures, shell companies, and suspicious flows when you can simply visit them? The UK’s AML Champion (Baroness Hodge) suggests that all can be solved by injecting money into the hands of opaque, offshore centres like the British Virgin Islands. The logic being - if you boost tourism, these countries can be less reliant on their attractiveness as offshore financial havens.
Did You Know? The British Virgin Islands has 10x more companies than people? The population is around 30,000-40,000 and there are more than 350,000 registered companies.
Until next time,
![]() Arik, Chief Compliance Nerd | ![]() Moshe, Chief AI Officer |
From the blog
The latest industry news, interviews, technologies,
and resources.

Deepfakes Have Arrived at Investor Onboarding. Your Checks Haven't Noticed
Deepfake KYC fraud is surging - face swaps and camera injection now beat standard biometric onboarding. What funds, banks and wealth managers must change about identity verification.
Jul 17, 2026
arik oslerne
1 min read

AI KYC Remediation: How AI Agents Clear a Backlog, Task by Task
See how AI KYC remediation works task by task: alert adjudication, entity resolution, and perpetual KYC that stops backlogs reforming
Jul 16, 2026
Geoffrey Safar
1 min read

What Europe's New AML Regime (AMLA) Means for Funds
The EU's AMLR applies from 10 July 2027 and AMLA is already writing the rulebook. What the new EU AML regime means for funds, fund admins and private banks - and why waiting is a mistake
Jul 15, 2026
arik oslerne
1 min read

How to Reduce False Positives in AML Screening
Cut sanctions and PEP false positives in AML screening: why they happen, how to tune matching, and how to keep every dismissal auditable and defensible.
Jul 15, 2026
Geoffrey Safar
1 min read
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