Jim Richards, Author at ACAMS Today

How imposter fraud has evolved with AI tools

Why you should make your boss’ life easier

FinCEN’s modernization mandate for AML/BSA programs: Building risk intelligence platforms

FinCEN’s mandate for AML/BSA programs: Risk intelligence platforms

Closing the agility gap: Why compliance cannot keep up in the “launderverse”

The effects of recent enforcement actions and FinCEN’s real estate regulations

Virtual IBANs under scrutiny: Closing Europe’s digital banking loophole

AFC Policy, Compliance

AML/CTF Rules Guide—Executive Orders and the Rulemaking Process

December 19, 2024December 19, 2024 /Leave a comment

This article, part two of an overview of the “notice and comment” process in rulemaking, will discuss the roles of Executive Orders and the Office of Information and Regulatory Affairs in the process, as well as the three stages of the process. The first part...

Compliance, December 2024 – February 2025, Exclusive

AML/CTF Rules Guide―Effective Public Commenting

December 19, 2024December 19, 2024 /Leave a comment

On July 3, 2024, the Financial Crimes Enforcement Network published a proposed anti-money laundering/counter-terrorist financing “program” rule in the Federal Register. The publication gave the public notice of the proposed rule, invited the public to submit comments within 60 days, and provided a cost and...