Financial Crime Compliance Resources

Evaluating Norway’s Readiness in Risk Management Relating to Russia’s Northern Sea Route

For banks and financial institutions, financial crime compliance isn’t just a goal – it’s a necessity. 

Payroll tax evasion and workers’ compensation fraud are multi-million-dollar problems in the US construction sector. Especially as many of these schemes flow through financial institutions. The Financial Crimes...

A compliance department's function is integral for safe business and legally mandated. As such, any legacy system change, even if necessary, is met with extreme caution and trepidation.

Terrorism and extremism are continuing global threats. Europol assists member states in the European Union (EU) with their anti-terrorism and anti-extremist efforts. As part of that effort, Europol publishes the...

I recently had the pleasure of attending the European Anti-Financial Crime Summit in Dublin, hosted by AML Intelligence, alongside 400 delegates from across the UK and Europe.

The federal banking regulators have issued interagency guidance on managing the risks of working with third parties. The new guidance finalizes the proposal published in July 2021 and replaces previous guidance issued...

Are you responsible for a financial crime compliance program? If so, one of the things that keeps you up at night is how to improve the efficiency of your program. In conversations with your staff and colleagues at...

Money launderers and criminals have used opaque corporate structures to hide and move ill-gotten gains for years. Such structures are also a haven for corrupt governments, public officials, companies, and individuals....

To remain competitive and successful in today's rapidly changing financial marketplace, banks and financial service providers need to be able to pivot and adjust operations to mitigate risk and take advantage of new...

In the world of compliance, a user-friendly and efficient solution can make the difference between staying ahead or falling behind regulatory obligations.

In June 2022, the requirements of the Uyghur Forced Labor Prevention Act (UFLPA) in the United States went into effect.

Are you an AML compliance professional working for a mid-size bank? If so, you're in the right place.

Welcome back to the fifth and final instalment of our 2023 financial crime market outlook series.

In this blog, we focus on Asia-Pacific countries.

The region’s financial risk landscape is truly diverse with an array...

This is the fourth part of our Global Market Outlook Series and we’re looking at Latin America.

The term Latin America is used to describe the countries in South America, Central America, and the Caribbean that speak...

Welcome back to the third part of our 2023 Financial Crime Market Outlook.

We are going to focus on North America and the laws, regulations, and focal points for financial crime prevention this year.   

Welcome back to our financial crime market outlook series. This is the second instalment of the series and we will be focusing on Africa and the Middle East, and what 2023 holds for the region. 

Worldwide, criminals launder between $800 million and $2 trillion each year, with 90% of money laundering crimes going undetected. 

Elliot Berman and I were pleased to be able to post close to 50 new conversations in 2022 about the many challenges, both domestic and international, that our community continues to face. As expected, the themes were...

“Can’t You Hear Me Knocking?”[1]

SPECIAL EDITION WITH GUEST STUDENT AUTHORS FROM THE SCHAR SCHOOL OF POLICY AND GOVERNMENT AT GEORGE MASON UNIVERSITY 

Special Edition with Guest Student Authors from the Schar School of Policy and Government at George Mason University (https://traccc.gmu.edu/)

Special Edition with Guest Student Authors from the Schar School of Policy and Government at George Mason University (https://traccc.gmu.edu/)

Financial institutions need to follow AML/BSA requirements so they can have confidence in their compliance process and ease the pressure from regulators. Part of this process is transaction monitoring to identify any...

A risk-based approach was identified by the FATF as an effective and proactive stance of tackling anti-money laundering compliance. They reported a risk-based approach means that “countries, competent authorities, and...