Top Reads for the Anti-Financial Crime Professional

Top Reads for the Anti-Financial Crime Professional

In Focus

Top Reads for the Anti-Financial Crime Professional

As 2018 ends, the world of financial crime prevention is even more complicated and exciting than previous years. We saw numerous events unfold that have led to more regulations and the need for additional training for anti-financial crime professionals. As stated by Kieran Beer, ACAMS director of editorial content, “you could call 2018 the year of CDD,” and I would like to add to Beer’s statement by highlighting other important events that have made for an interesting year for those in the financial crime prevention industry:

  • Implementation of the General Data Protection Regulation (GDPR)
  • Brexit
  • More sanctions
  • Fines on high-profiled financial institutions
  • Continued rise of technology—artificial intelligence (AI), fintech firms
  • Abounding cryptocurrency
  • Everything cyber—cybersecurity, cybercrimes
  • Human trafficking
  • Terrorism
  • The EU’s Fourth, Fifth (and now Sixth) AML Directives
  • Ongoing global anti-corruption investigations

ACAMS Today,  along with its forward-thinking contributors, has covered many exclusive themes experienced in 2018. If you have not already done so, I would encourage you to read the articles listed below.

Top 15 ACAMS Today  articles for 2018:

  1. Implementing the Fifth Pillar of BSA: The Role of the Third Line of Defense
  2. Starting a Career in AML
  3. A Global Review of Sanctioned Countries
  4. Organ Trafficking: The Unseen Form of Human Trafficking
  5. Front-Running the Traditional “Three Stages of Money Laundering”—Cuckoo Mining, the New Parasite on the Block
  6. Assessing Terrorist Financing Through the Lens of the Terrorist Attack Cycle
  7. Terrorist Financing: Visualizing Funding Flows
  8. Artificial Intelligence and Machine Learning: What do we know?
  9. Five Tips for the Fifth Pillar
  10. Lawyers, Drugs and Money: AML in Popular Media
  11. Human Trafficking in Illicit Massage Businesses: Polaris’ Findings
  12. Real Considerations for Law Enforcement in Seizing Virtual Currency
  13. De-Risking and the Effects on the World’s Neediest
  14. The Cybersecurity Article to Read Now
  15. Integrating Cyber Incidents Into Your Anti-Money Laundering (AML) Program

Thank you to our members for your many contributions and your continued support of ACAMS, ACAMS Today  and ACAMS Connection.

I wish you all a happy and healthy Holiday Season!


Karla Monterrosa-Yancey, CAMS

P.S. The ACAMS Connection  will be taking a short break for the holidays and will resume on January 2, 2019.

Identifying a PEP


Should a political party leader candidate who has never come to power be considered as a politically exposed person (PEP)?


In financial regulation, a PEP is a term describing someone who has been entrusted with a prominent public function, including a political party leader or member.

Mohamad R. Shbaro, CAMS



Rachelle Currie

*The question and answers found in this document are excerpts taken from the Diligence Forum. Visit ACAMS forums to read more posts.

Chapter Happenings

ACAMS' Chapter Development Program aims to focus the association's international efforts in anti-money laundering education and training at a regional level. Chapters provide local forums to facilitate discussion, offer education targeting area-specific issues and foster professional networking among ACAMS members.

For more information on ACAMS Chapters please visit the chapters section on or contact our Chapter Relations team at

Special Networking Event
December 13, 2018
Nicosia, Cyprus

Banking Marijuana
December 6, 2018
Brooklyn, OH, United States

Law Enforcement Panel and Holiday Dinner/Networking Reception
December 6, 2018
Pasadena, CA, United States

Annual Winter Mixer
December 6, 2018
Vancouver, BC, Canada

Year in Review 2018
December 6, 2018
Columbia, SC, United States

ACAMS HK Chapter Training and Networking Event
December 6, 2018
Hong Kong

2018 AML Year-In-Review and Predictions for 2019
December 10, 2018
Washington, DC, United States

Philippine Chapter Annual Social Networking Event
December 10, 2018
Taguig, Philippines

ACAMS South India Chapter Training and Networking Event: Machine Learning in the Fight Against Financial Crime
December 12, 2018
Madhapur Hyderabad, Bangalore and Gurgaon, India

ACAMS Connecticut Chapter Holiday Comedy and Networking Event
December 13, 2018
Westport, CT, United States

Special Networking Event
December 13, 2018
Nicosia, Cyprus

Year in Review 2018
December 13, 2018
Charlotte, SC, United States

Connecting the Dots—Mapping AML Risk to Your Transaction Monitoring Program
December 13, 2018
Heathrow, FL, United States

Ronald McDonald House Meal
December 19, 2018
San Diego, CA, United States

Networking Event
January 31, 2019
Uncasville, CT, United States

ACAMS Connecticut Chapter Fifth Annual All-Day Learning Event
February 1, 2019
Uncasville, CT, United States


ACAMS Guest Voices

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