OCC Moves to Loosen AML Oversight for Community Banks
By Charlie Passut
FBI’s Operation ‘Level Up’ Starts to Bear Fruit
By Charlie Passut
EXCLUSIVE: Dutch Lender ING Plans Compliance Cull
By Koos Couvée
UK Serious Fraud Office Issues Updated Guidance on Corporate Governance Evaluations
The UK. Serious Fraud Office released updated guidance detailing how it evaluates corporate compliance programs in investigations involving fraud, bribery, money laundering, and failure-to-prevent offenses.
FCA Official Discusses Approach to Regulating Crypto
David Geale, executive director for Payments and Digital Finance and managing director of the Payment Systems Regulator, delivered remarks on the regulator’s goal to create a trusted, innovative, and competitive crypto-asset and stablecoin market.
FINTRAC Issues Updated Guidance on AML Controls for Politically Exposed Persons
The Financial Transactions and Reports Analysis Centre of Canada issued an updated guidance which clarifies how reporting entities must identify, risk-rate, and monitor politically exposed persons, heads of international organizations, and their family members and close associates.
DOJ: ML Leader Sentenced for Moving Drug Cash Through Shell Accounts
The U.S. Justice Department announced that Michael Nunez Daza was sentenced to five years in federal prison for leading a transnational money-laundering network that moved drug proceeds from Mexico through multiple U.S. cities before sending the funds back to Colombia.
In this episode of Financial Crime Matters, author Eddie Fishman and Kieran Beer, editor in chief of ACAMS moneylaundering.com, discuss the evolution, efficacy and limitations of U.S. financial sanctions.
In the latest episode of Sanctions Space, Justine Walker, head of global sanctions and risk at ACAMS, and Stephanie Baker, author of 'Punishing Putin: Inside the Global Economic War to Bring Down Russia,' discuss sanctions loopholes Russia exploits to finance its war with Ukraine, and U.S. use of 'secondary tariffs' to deter purchases of Russian oil.
OCC Moves to Loosen AML Oversight for Community Banks
By Charlie Passut
FBI’s Operation ‘Level Up’ Starts to Bear Fruit
By Charlie Passut
EXCLUSIVE: Dutch Lender ING Plans Compliance Cull
By Koos Couvée