Larissa Bernardes, Author at ACAMS Today

ACAMS Conexión, Español, moneylaundering.com

Cierres, Cambios Legales y Fatiga: El Año del ALD

January 20, 2021February 7, 2023 /Leave a comment

Por: ACAMS moneylaundering.com En los últimos días de 2019, cuando se supo que el nuevo coronavirus había empezado a extenderse más allá de Wuhan, China; pocos comprendieron la magnitud de la tragedia humana, la catástrofe económica y la inspiradora capacidad de recuperación que presenciaría el...

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AFC Challenges, September 2020 - November 2020

Insured Against Financial Crime

October 5, 2020 /Leave a comment

Insurance companies are classified as nonfinancial institutions. Yet in 2002, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) imposed requirements for insurers to comply with the Bank Secrecy Act (BSA), including the responsibility to file suspicious activity reports (SARs) that do...

Compliance, Exclusive, Fraud

Fraud Is Big Business—A Fintech Perspective

September 9, 2020April 26, 2024 /Leave a comment

In the past few years, several fintechs such as TransferWise, Stripe and Venmo have evolved from start-ups to established businesses in the payments industry. As part of this evolution, these fintechs have expanded their product offerings to include digital wallet balances, linked bank account...

ACAMS Connection, Europe Express, Exclusive

Virtual Currencies—Regulation and Terrorist Financing Risks

August 24, 2020February 2, 2023 /Leave a comment

The rise of bitcoin and other virtual currencies poses new challenges in the fight against money laundering and terrorist financing (ML/TF). With virtual currencies, users can make global payments that are beyond the control of financial regulators and security authorities.1 In addition, there is a...

AFC Challenges, June - August 2020

Terrorist Threats Within Domestic Boundaries

July 1, 2020September 28, 2020 /Leave a comment

Terrorism is a number of things: It is deadly, costly, constant, evolving, local, regional, global and unrelenting. Finally, terrorism is real. Yet terrorism faces two major vulnerabilities: finance and communications. These two elements underscore the importance of transforming financial intelligence into one of the most...

Caribbean Catch-Up

Strategies for Avoiding Being De-Risked

April 1, 2020March 31, 2020 /Leave a comment

De-risking is defined by the Financial Action Task Force (FATF) as “the phenomenon of financial institutions terminating or restricting business relationships with clients or categories of clients to avoid, rather than manage risk.”1 This risk pertains directly to the potential for money laundering (ML), terrorist...

ACAMS Connection, In Focus, March – May 2020, Understanding AI

Is This AI System For Me?

March 10, 2020August 2, 2024 /Leave a comment

It has been almost two years since the Understanding AI column debuted on ACAMSToday.org. In that brief span of time, the technology has gone from fringe to fixture in the minds of anti-financial crime professionals. Dedicated artificial intelligence (AI) solutions are now commonplace and almost...

ACAMS Connection, International Women's Day, Interviews, Women in AFC

Candice Huggins: Recognizing Women’s Daily Contributions

March 6, 2020February 28, 2025 /Leave a comment

For International Women’s Day 2020, ACAMS Today had the pleasure of interviewing Candice Huggins, chief compliance officer at CIBC FirstCaribbean International Bank, about her career, her role as a woman in anti-money laundering (AML), and what she is doing to make an impact in this...

Europe Express, World Digest

5AMLD Amendments—Prepaid Cards, Crypto and More

February 5, 2020February 12, 2020 /Leave a comment

The Fifth Anti-Money Laundering Directive (5AMLD) published the 19 of June 2018 offered amendments to the Fourth Anti-Money Laundering Directive (4AMLD) from 2015. This update was passed to devise a better action plan against money laundering and terrorist financing. Among other changes, the new...

Human Trafficking Awareness Month, Interviews

Angela Guanzon: Second Chances

January 10, 2020January 10, 2025 /Leave a comment

ACAMS Today had the opportunity to speak with Angela Guanzon—human trafficking survivor and anti-human trafficking advocate—about her experiences with the Coalition to Abolish Slavery and Trafficking (CAST) organization and how collaboration is key in combating human trafficking. Guanzon was born and raised in the Philippines...

ACAMS Today

The Magazine for Career-Minded Professionals in the Anti-Financial Crime Field

Next-Generation Financial Crime Enterprise-Wide Risk Assessments

The Critical Role AFC Professionals Can Play in Sustainable Development

Nature for Sale: Unmasking the True Cost of Wildlife Trafficking

ECO-SOLVE: Using AI to Disrupt Global Wildlife Trafficking

Predicting the Future: LLMs in AML Regulation

🤑Smileys to 💉Syringes: Deciphering Emojis and Slang in Illicit🍁Drug Sales

About Larissa Bernardes