Poll Archive

2025

December 2025

In your experience, what is the most underestimated risk in financial crime today?

Artificial Intelligence-Enabled Crime
Artificial Intelligence-Enabled Crime: 11% of votes, 183 votes
Real-Time Payment Systems Fraud
Real-Time Payment Systems Fraud: 29% of votes, 481 votes
Human Trafficking and Smuggling
Human Trafficking and Smuggling: 31% of votes, 505 votes
Trade-Based Money Laundering
Trade-Based Money Laundering: 29% of votes, 482 votes

November 2025

What level of risk do you believe remote work poses for infiltration by foreign operatives?

High risk
High risk: 14% of votes, 268 votes
Moderate risk
Moderate risk: 32% of votes, 635 votes
Low risk
Low risk: 28% of votes, 559 votes
No risk
No risk: 26% of votes, 521 votes

October 2025

When it comes to cybersecurity, which of the following is a priority for your institution?

Investing in artificial intelligence
Investing in artificial intelligence: 10% of votes, 167 votes
Training staff to protect the organization
Training staff to protect the organization: 6% of votes, 94 votes
Outsourcing external cybersecurity services
Outsourcing external cybersecurity services: 82% of votes, 1309 votes
Meeting regulatory demands
Meeting regulatory demands: 2% of votes, 27 votes

September 2025

What type of fraud will your institution be most concerned with in the next 12 months?

Account takeover fraud
Account takeover fraud: 11% of votes, 118 votes
Synthetic identity fraud
Synthetic identity fraud: 23% of votes, 245 votes
Payment fraud including business email compromise and deepfakes
Payment fraud including business email compromise and deepfakes: 24% of votes, 258 votes
Elder financial fraud
Elder financial fraud: 21% of votes, 225 votes
Check fraud
Check fraud: 21% of votes, 222 votes

August 2025

Is your financial institution currently working on or using robotics, machine learning or AI to drive efficiency and effectiveness in their programs?

Yes
Yes: 18% of votes, 213 votes
No
No: 82% of votes, 960 votes

July 2025

What do you think is the most critical factor in building a strong culture of compliance within an organization?

Leadership commitment and tone at the top
Leadership commitment and tone at the top: 24% of votes, 72 votes
Regular employee training and awareness programs
Regular employee training and awareness programs: 26% of votes, 76 votes
Integration of advanced technology for monitoring
Integration of advanced technology for monitoring: 21% of votes, 63 votes
Clear communication of policies and consequences
Clear communication of policies and consequences: 28% of votes, 83 votes

June 2025

Which area of financial crime do you believe receives the most regulatory scrutiny?

Cryptocurrency
Cryptocurrency: 84% of votes, 1608 votes
Human trafficking
Human trafficking: 2% of votes, 41 votes
Sanctions
Sanctions: 8% of votes, 156 votes
Trade-based money laundering
Trade-based money laundering: 5% of votes, 99 votes

2024

December 2024

In your opinion, what emerging financial crime trend poses the greatest threat to the financial sector?

Use of AI by criminals
Use of AI by criminals: 94% of votes, 12817 votes
Sanctions and geopolitical risks
Sanctions and geopolitical risks: 1% of votes, 99 votes
Fraud
Fraud: 1% of votes, 135 votes
Cybercrime
Cybercrime: 2% of votes, 295 votes
Regulatory arbitrage by bad actors
Regulatory arbitrage by bad actors: 2% of votes, 275 votes

November 2024

Which technology do you think will have the biggest impact on financial crime prevention in the next 5 years?

Blockchain and digital ledger technology
Blockchain and digital ledger technology: 4% of votes, 97 votes
AI and machine learning
AI and machine learning: 35% of votes, 774 votes
Biometric authentication
Biometric authentication: 32% of votes, 693 votes
Cloud-based compliance solutions
Cloud-based compliance solutions: 28% of votes, 619 votes

October 2024

How effective do you believe AI and machine learning are in combating financial crime?

Highly effective
Highly effective: 94% of votes, 1326 votes
Moderately effective
Moderately effective: 4% of votes, 54 votes
Slightly effective
Slightly effective: 1% of votes, 19 votes
Not effective at all
Not effective at all: 1% of votes, 10 votes

September 2024

What has been the major focus for your institution with the recent global challenges affecting financial institutions?

Artificial intelligence
Artificial intelligence: 8% of votes, 81 votes
Fraud
Fraud: 33% of votes, 334 votes
Sanctions
Sanctions: 31% of votes, 307 votes
Terrorist financing
Terrorist financing: 28% of votes, 283 votes

August 2024

In your opinion, what is the primary benefit of using artificial intelligence in anti-financial crime?

Enhanced detection
Enhanced detection: 12% of votes, 217 votes
Cost efficiency
Cost efficiency: 29% of votes, 542 votes
Faster investigations
Faster investigations: 30% of votes, 552 votes
Improved compliance
Improved compliance: 30% of votes, 554 votes

July 2024

Are you personally afraid of falling victim to a pig butchering scam or other type of cyber fraud?

Yes
Yes: 92% of votes, 1023 votes
Somewhat
Somewhat: 3% of votes, 31 votes
No
No: 5% of votes, 57 votes

June 2024

Has your financial institution started an information-sharing partnership with law enforcement?

Yes
Yes: 7% of votes, 118 votes
No
No: 46% of votes, 733 votes
Looking into it
Looking into it: 47% of votes, 754 votes

May 2024

How busy is the fraud department in your financial institution this year in comparison to previous years?

Much busier
Much busier: 8% of votes, 107 votes
Slightly busier
Slightly busier: 31% of votes, 391 votes
Less busy
Less busy: 28% of votes, 350 votes
No change
No change: 33% of votes, 413 votes

April 2024

Do you think the value of artificial intelligence in the fight against financial crime is being overestimated?  

Yes
Yes: 8% of votes, 63 votes
No
No: 45% of votes, 347 votes
Not Sure
Not Sure: 47% of votes, 360 votes

March 2024

How gender inclusive is your financial institution?

Women occupy leadership roles
Women occupy leadership roles: 30% of votes, 346 votes
Women have more work flexibility
Women have more work flexibility: 21% of votes, 249 votes
Women and men are paid the same salary for the same position
Women and men are paid the same salary for the same position: 23% of votes, 268 votes
More initiatives need to take place for gender equality
More initiatives need to take place for gender equality: 26% of votes, 296 votes

February 2024

Do your compliance and fraud departments collaborate on investigations?

Yes
Yes: 96% of votes, 1435 votes
Seldom
Seldom: 3% of votes, 46 votes
Never
Never: 1% of votes, 11 votes

2023

December 2023

In your opinion, what will be the biggest threat related to financial crime we will face in 2024?

Terrorist financing
Terrorist financing: 79% of votes, 1752 votes
Cyberattacks/ransomware
Cyberattacks/ransomware: 14% of votes, 305 votes
Money laundering
Money laundering: 3% of votes, 71 votes
Human exploitation
Human exploitation: 2% of votes, 43 votes
Fentanyl/drug trafficking
Fentanyl/drug trafficking: 2% of votes, 48 votes

December 2023

How worried are you about becoming a victim of fraud this holiday season?

Extremely worried
Extremely worried: 5% of votes, 19 votes
Somewhat worried
Somewhat worried: 46% of votes, 185 votes
Minimally worried
Minimally worried: 49% of votes, 196 votes

November 2023

How often does your institution update its know your customer and customer due diligence programs?

Monthly
Monthly: 6% of votes, 28 votes
Annually
Annually: 53% of votes, 233 votes
Only when mandated by law
Only when mandated by law: 41% of votes, 178 votes

October 2023

How often does your financial institution train personnel on cybersecurity?

Monthly
Monthly: 15% of votes, 13 votes
Yearly
Yearly: 55% of votes, 48 votes
Biannually
Biannually: 10% of votes, 9 votes
More than three times a year
More than three times a year: 20% of votes, 18 votes

September 2023

Is your financial institution taking the necessary precautions to mitigate check fraud?

Yes
Yes: 74% of votes, 66 votes
To some extent
To some extent: 17% of votes, 15 votes
No
No: 9% of votes, 8 votes

August 2023

Over the next 12 months, do you think your financial institution will begin using Generative AI, such as ChatGPT, for its anti-financial crime processes?

Yes
Yes: 32% of votes, 72 votes
No
No: 40% of votes, 89 votes
Unsure
Unsure: 27% of votes, 61 votes

July 2023

With the recent global challenges affecting financial institutions, what has been the major focus for your institution?

Sanctions against Russia
Sanctions against Russia: 45% of votes, 73 votes
Cryptocurrency fraud
Cryptocurrency fraud: 16% of votes, 25 votes
Remnants of COVID-19 scams
Remnants of COVID-19 scams: 5% of votes, 8 votes
Cyber fraud
Cyber fraud: 34% of votes, 55 votes

June 2023

Regarding sharing AML/CTF intelligence with other FIs:

My FI is great at regularly utilizing 314(b)
My FI is great at regularly utilizing 314(b): 50% of votes, 20 votes
My FI is okay at occasionally utilizing 314(b)
My FI is okay at occasionally utilizing 314(b): 23% of votes, 9 votes
My FI rarely utilizes 314(b) and could do better
My FI rarely utilizes 314(b) and could do better: 10% of votes, 4 votes
My FI is doing nothing to utilize 314(b)
My FI is doing nothing to utilize 314(b): 18% of votes, 7 votes

April 2023

In your opinion, will the recent scandals following the collapse of several crypto exchanges increase the purchase and use of cryptocurrencies?

Yes
Yes: 29% of votes, 89 votes
No
No: 71% of votes, 222 votes

March 2023

What is your institution doing to protect itself from cyber fraud?

Relying on our internal IT department
Relying on our internal IT department: 19% of votes, 24 votes
Investing in new technology
Investing in new technology: 13% of votes, 17 votes
This is not a priority now
This is not a priority now: 2% of votes, 3 votes
Educating staff to understand cyber fraud
Educating staff to understand cyber fraud: 66% of votes, 84 votes

February 2023

Given the recent bankruptcies, volatility and scandals related to cryptocurrency, how do you view the future for the crypto industry?

Positive. These kinds of setbacks are to be expected.
Positive. These kinds of setbacks are to be expected.: 26% of votes, 38 votes
Unsure. We will need more time to see the true impact.
Unsure. We will need more time to see the true impact.: 41% of votes, 61 votes
Not good. These setbacks do not bode well for the industry.
Not good. These setbacks do not bode well for the industry.: 33% of votes, 48 votes

January 2023

Is your financial institution looking into banking cryptocurrency in 2023?

Yes
Yes: 34% of votes, 41 votes
No
No: 66% of votes, 79 votes

2022

December 2022

Do you agree with the European Court of Justice that public registers infringe with rights of privacy and personal data protection?

Yes
Yes: 46% of votes, 44 votes
No
No: 54% of votes, 52 votes

September 2022

What is the biggest financial crime in the metaverse?

Terrorist financing
Terrorist financing: 5% of votes, 44 votes
Money laundering
Money laundering: 14% of votes, 120 votes
Scams/Fraud
Scams/Fraud: 24% of votes, 206 votes
Exploitation of elders and children
Exploitation of elders and children: 4% of votes, 32 votes
All of the above
All of the above: 53% of votes, 462 votes

August 2022

As the European Central Bank investigates introducing a digital euro, which of the following would you do?

Use it
Use it: 10% of votes, 15 votes
Not use it
Not use it: 23% of votes, 35 votes
Combine its use with other forms of payment
Combine its use with other forms of payment: 56% of votes, 86 votes
Continue to use cash
Continue to use cash: 12% of votes, 18 votes

July 2022

How often do you use bitcoins or another type of cybercurrency to make purchases?

Frequently. It is the future of conducting financial business.
Frequently. It is the future of conducting financial business.: 4% of votes, 4 votes
Sometimes. I am just starting to dip my toe into it.
Sometimes. I am just starting to dip my toe into it.: 5% of votes, 6 votes
Rarely. I am not confident in its safety or value yet.
Rarely. I am not confident in its safety or value yet.: 6% of votes, 7 votes
Never. While interesting in theory, there are still problems to work out.
Never. While interesting in theory, there are still problems to work out.: 85% of votes, 96 votes

May 2022

Which of the following could be a challenge for your institution in complying with sanctions against Russia?

Nonsanctioned individuals in Russia
Nonsanctioned individuals in Russia: 11% of votes, 30 votes
Complex corporate structures
Complex corporate structures: 14% of votes, 39 votes
Shell companies
Shell companies: 5% of votes, 13 votes
All of the above
All of the above: 70% of votes, 193 votes

April 2022

Which of the following topics are you interested in reading more about?

Environmental, social and governance (ESG) risks
Environmental, social and governance (ESG) risks: 18% of votes, 25 votes
Developing sanctions against Russia
Developing sanctions against Russia: 15% of votes, 20 votes
Fintech and Regtech
Fintech and Regtech: 24% of votes, 33 votes
Regulatory developments to counter money laundering
Regulatory developments to counter money laundering: 43% of votes, 58 votes

March 2022

What step is your institution taking to deal with the sanctions against Russia?

Closing business accounts dealing with Russia
Closing business accounts dealing with Russia: 5% of votes, 11 votes
Training staff
Training staff: 9% of votes, 18 votes
Updating sanctions filters
Updating sanctions filters: 16% of votes, 33 votes
All of the above
All of the above: 70% of votes, 148 votes

February 2022

In your opinion, which of the following could be the biggest challenge in regulating cryptocurrencies?

Cross-border operations
Cross-border operations: 42% of votes, 88 votes
Evolving technology
Evolving technology: 34% of votes, 73 votes
Classifying cryptocurrencies
Classifying cryptocurrencies: 15% of votes, 32 votes
Volatile market
Volatile market: 9% of votes, 19 votes

January 2022

Which financial crime below, in your opinion, will be most prominent in 2022?

Cryptocurrency fraud
Cryptocurrency fraud: 51% of votes, 164 votes
Money laundering
Money laundering: 14% of votes, 46 votes
Ponzi and pyramid schemes
Ponzi and pyramid schemes: 3% of votes, 10 votes
Phishing, spoofing and skimming
Phishing, spoofing and skimming: 22% of votes, 70 votes
Terrorist financing
Terrorist financing: 10% of votes, 31 votes

2021

December 2021

In your opinion, which group of people will be most affected by holiday cyber fraud?

Ages below 17
Ages below 17: 6% of votes, 22 votes
Ages between 18 and 25
Ages between 18 and 25: 16% of votes, 58 votes
Ages between 26 and 64
Ages between 26 and 64: 28% of votes, 100 votes
Ages above 65
Ages above 65: 49% of votes, 176 votes

November 2021

What is the primary impediment for your institution when it comes to participating in public-private partnerships?

Lack of law enforcement contracts
Lack of law enforcement contracts: 27% of votes, 15 votes
Lack of internal resources
Lack of internal resources: 16% of votes, 9 votes
Legal concerns
Legal concerns: 56% of votes, 31 votes

September 2021

In your opinion, which digital currency is going to be most popular by the end of 2021?

Dogecoin
Dogecoin: 10% of votes, 43 votes
Bitcoin
Bitcoin: 59% of votes, 250 votes
Ethereum
Ethereum: 24% of votes, 101 votes
Ripple
Ripple: 2% of votes, 9 votes
Cardano
Cardano: 5% of votes, 21 votes

August 2021

Should the new EU AML Authority for AML/CTF be a decentralized regulatory agency, as proposed by European Commission?

Yes
Yes: 64% of votes, 63 votes
No
No: 36% of votes, 35 votes

July 2021

Which new FATF guidance will be prioritized at your financial institution?

Guidance on Proliferation Financing Risk Assessment and Mitigation
Guidance on Proliferation Financing Risk Assessment and Mitigation: 59% of votes, 77 votes
Money Laundering from Environmental Crime
Money Laundering from Environmental Crime: 26% of votes, 34 votes
Ethically or Racially Motivated Terrorism Financing
Ethically or Racially Motivated Terrorism Financing: 15% of votes, 20 votes

June 2021

What is preventing your organization from increased technology investment within your AML program?

No major inhibitors
No major inhibitors: 11% of votes, 18 votes
Insufficient understanding of next-gen tech
Insufficient understanding of next-gen tech: 19% of votes, 33 votes
Cost and resource limitations
Cost and resource limitations: 56% of votes, 96 votes
Lengthy sales and deployment cycles
Lengthy sales and deployment cycles: 5% of votes, 8 votes
Lack of sufficient training data for money laundering
Lack of sufficient training data for money laundering: 9% of votes, 15 votes

March 2021

In your opinion, which of the following poses the biggest cybersecurity challenge for fintechs?

Cloud computing issues
Cloud computing issues: 13% of votes, 23 votes
Third-party access
Third-party access: 38% of votes, 66 votes
Malware attacks
Malware attacks: 48% of votes, 83 votes

February 2021

Should UK financial institutions (FIs) have access to EU data sharing platforms for AML investigations post-Brexit?

UK FIs should have full access
UK FIs should have full access: 36% of votes, 58 votes
Only FIs from member states should have full access
Only FIs from member states should have full access: 22% of votes, 35 votes
The EU needs new rules for UK FIs
The EU needs new rules for UK FIs: 43% of votes, 69 votes

2020

December 2020

Which topic would you like to read more about in 2021?

Sanctions
Sanctions: 21% of votes, 65 votes
Fraud
Fraud: 26% of votes, 80 votes
FinCEN Files
FinCEN Files: 15% of votes, 44 votes
AML Act and future regulatory reform
AML Act and future regulatory reform: 38% of votes, 114 votes

October 2020

In your opinion, how long will we see the lasting effects of COVID-19 in the AML field?

Less than five years
Less than five years: 39% of votes, 245 votes
5-10 years
5-10 years: 34% of votes, 216 votes
More than 10 years
More than 10 years: 26% of votes, 162 votes

June 2020

What methods did your financial institution apply to prevent fraud risks during COVID-19?

Required selfies to verify new customers’ identity
Required selfies to verify new customers’ identity: 13% of votes, 54 votes
Strengthened security measures for mobile banking access
Strengthened security measures for mobile banking access: 52% of votes, 218 votes
Trained customers who are not digitally-savvy
Trained customers who are not digitally-savvy: 15% of votes, 61 votes
Continued to require face-to-face in branch onboarding for new customers
Continued to require face-to-face in branch onboarding for new customers: 21% of votes, 87 votes

April 2020

Is your financial institution banking hemp companies, hemp-derived CBD companies or marijuana-related businesses?

Hemp companies
Hemp companies: 8% of votes, 12 votes
Hemp-derived CBD companies
Hemp-derived CBD companies: 6% of votes, 9 votes
Marijuana-related businesses
Marijuana-related businesses: 6% of votes, 9 votes
Some combination of the three
Some combination of the three: 18% of votes, 27 votes
None of the above
None of the above: 61% of votes, 91 votes

March 2020

The PEP classification on an individual should be:

Lifetime
Lifetime: 27% of votes, 176 votes
During the time they hold office and some years after
During the time they hold office and some years after: 45% of votes, 297 votes
Just during the time they hold office
Just during the time they hold office: 3% of votes, 21 votes
Depends on the case
Depends on the case: 25% of votes, 167 votes

February 2020

How committed is your financial institution in combating human trafficking?

Highly committed
Highly committed: 73% of votes, 108 votes
Moderately committed
Moderately committed: 14% of votes, 21 votes
Not committed, there are other priorities
Not committed, there are other priorities: 13% of votes, 19 votes

January 2020

As an anti-financial crime professional I am

Optimistic about my future in anti-financial crime
Optimistic about my future in anti-financial crime: 68% of votes, 131 votes
Worried about the challenges in anti-financial crime going forward
Worried about the challenges in anti-financial crime going forward: 21% of votes, 40 votes
Pessimistic about the prospects of a future in anti-financial crime
Pessimistic about the prospects of a future in anti-financial crime: 11% of votes, 21 votes

2019

November 2019

As an AML professional, what incentive/reward is most important in your career?

High salary rate
High salary rate: 26% of votes, 114 votes
Promotions and career advancement
Promotions and career advancement: 38% of votes, 167 votes
Professional development funding
Professional development funding: 21% of votes, 91 votes
Flexibility in work schedule
Flexibility in work schedule: 14% of votes, 62 votes

October 2019

What is your biggest cyber concern?

State actor threats
State actor threats: 10% of votes, 32 votes
Criminal actors/hackers
Criminal actors/hackers: 52% of votes, 163 votes
Insider threats/vulnerabilities
Insider threats/vulnerabilities: 38% of votes, 120 votes

September 2019

How much is your financial institution investing in artificial intelligence (AI)?

A large amount
A large amount: 25% of votes, 34 votes
A moderate amount
A moderate amount: 21% of votes, 29 votes
A minimum amount
A minimum amount: 21% of votes, 28 votes
Not enough
Not enough: 33% of votes, 44 votes

July 2019

To what extent does your financial institution leverage social media activity as part of a client’s risk assessment?

Financial institution does not use any information from social media activity for risk assessments.
Financial institution does not use any information from social media activity for risk assessments.: 21% of votes, 46 votes
Financial institution is open to using information from social media for risk assessments.
Financial institution is open to using information from social media for risk assessments.: 48% of votes, 104 votes
Financial institution requires the use of information on social media as part of risk assessments.
Financial institution requires the use of information on social media as part of risk assessments.: 26% of votes, 57 votes
Financial institution is opposed to using information on social media as part of risk assessments.
Financial institution is opposed to using information on social media as part of risk assessments.: 4% of votes, 9 votes

May 2019

When it comes to law enforcement and compliance professionals working together, do you feel your financial institution is:

a. Burdened with too many rules
a. Burdened with too many rules: 13% of votes, 68 votes
b. Complying with requests
b. Complying with requests: 39% of votes, 200 votes
c. Keeping regulators happy
c. Keeping regulators happy: 18% of votes, 93 votes
d. A crime fighter more than a financial institution
d. A crime fighter more than a financial institution: 29% of votes, 146 votes

April 2019

The implementation of ___________________ remains one of the main challenges for governments and financial institutions around the world.

a. AML/BSA programs
a. AML/BSA programs: 63% of votes, 341 votes
b. AI
b. AI: 16% of votes, 85 votes
c. Financial sanctions
c. Financial sanctions: 18% of votes, 100 votes
d. None of the above
d. None of the above: 3% of votes, 19 votes

March 2019

Which of the following generations do you fall under?

Traditionalists
Traditionalists: 3% of votes, 10 votes
Baby boomers
Baby boomers: 15% of votes, 48 votes
Generation X (Gen X)
Generation X (Gen X): 40% of votes, 130 votes
Generation Y (Millennials)
Generation Y (Millennials): 37% of votes, 121 votes
Generation Z (Gen Z)
Generation Z (Gen Z): 5% of votes, 16 votes

February 2019

According to Europol, a “money mule” is:

A student involved in illegal cryptocurrency
A student involved in illegal cryptocurrency: 1% of votes, 7 votes
A person who transfers illegally obtained money between different payment accounts
A person who transfers illegally obtained money between different payment accounts: 48% of votes, 257 votes
A student who sells his bank credentials in social media
A student who sells his bank credentials in social media: 4% of votes, 24 votes
A person who carries illegal cash across Europe
A person who carries illegal cash across Europe: 46% of votes, 248 votes

January 2019

How will you accomplish your 2019 professional-career goals?

By strengthening internal AML team communications
By strengthening internal AML team communications: 13% of votes, 16 votes
Reviewing ACAMS Today/moneylaundering.com articles
Reviewing ACAMS Today/moneylaundering.com articles: 18% of votes, 23 votes
Finding a great mentor
Finding a great mentor: 23% of votes, 29 votes
Assessing current and emerging AML trends
Assessing current and emerging AML trends: 47% of votes, 60 votes

2018

December 2018

How can you protect your financial information this holiday season?

Avoid shopping online
Avoid shopping online: 35% of votes, 110 votes
Use credit instead of debit cards
Use credit instead of debit cards: 45% of votes, 140 votes
Avoid shopping on Black Friday
Avoid shopping on Black Friday: 5% of votes, 15 votes
Use debit instead of credit cards
Use debit instead of credit cards: 15% of votes, 45 votes

November 2018

What do you consider the biggest challenge for the AML community?

Resource allocation
Resource allocation: 17% of votes, 36 votes
Effective training
Effective training: 24% of votes, 49 votes
Examination success
Examination success: 6% of votes, 13 votes
Corporate culture
Corporate culture: 28% of votes, 58 votes
Information sharing
Information sharing: 25% of votes, 51 votes

October 2018

What is your institution doing for Cybersecurity Awareness Month?

Internal cybersecurity training events
Internal cybersecurity training events: 36% of votes, 24 votes
Obtaining a cyber-enabled crime certificate
Obtaining a cyber-enabled crime certificate: 2% of votes, 1 votes
Participating in cybersecurity webinars
Participating in cybersecurity webinars: 5% of votes, 3 votes
Reviewing cybersecurity and cybercrime advisories and guidance
Reviewing cybersecurity and cybercrime advisories and guidance: 8% of votes, 5 votes
Two or more of the above
Two or more of the above: 50% of votes, 33 votes

September 2018

What is the prime reason why companies lose talented people?

Lack of career development opportunities
Lack of career development opportunities: 24% of votes, 66 votes
Poor leadership and management of employees
Poor leadership and management of employees: 62% of votes, 169 votes
More attractive compensation package
More attractive compensation package: 13% of votes, 34 votes
Other reasons
Other reasons: 1% of votes, 2 votes

August 2018

In your financial institution, which of the following funding streams is less likely to be linked to a terrorist attack?

The funding flow from the operation to the operatives
The funding flow from the operation to the operatives: 13% of votes, 16 votes
The funding flow from the point of origin or source of funds to the organization
The funding flow from the point of origin or source of funds to the organization: 27% of votes, 34 votes
The funding flow from the organization to support an operation
The funding flow from the organization to support an operation: 9% of votes, 12 votes
All of the above
All of the above: 52% of votes, 66 votes

July 2018

Which training is most important in today’s business/regulatory environment?

Technical AML and product knowledge
Technical AML and product knowledge: 39% of votes, 68 votes
Soft skills, e.g., communication, negotiation
Soft skills, e.g., communication, negotiation: 10% of votes, 17 votes
Regulatory engagement, e.g., learning regulatory intricacies
Regulatory engagement, e.g., learning regulatory intricacies: 22% of votes, 38 votes
Digital innovation, e.g., fintech, blockchain
Digital innovation, e.g., fintech, blockchain: 29% of votes, 50 votes

May 2018

How many countries do you think have announced their intent to create their own cryptocurrency?

A) Less than 5
A) Less than 5: 24% of votes, 95 votes
B) 5 to 12
B) 5 to 12: 26% of votes, 105 votes
C) 12 to 18
C) 12 to 18: 16% of votes, 64 votes
D) More than 18
D) More than 18: 34% of votes, 135 votes

April 2018

At your institution, what percentage of transaction monitoring system alerts are typically false positives?

A) 25 percent
A) 25 percent: 23% of votes, 41 votes
B) 50 percent
B) 50 percent: 9% of votes, 16 votes
B) 65 percent
B) 65 percent: 44% of votes, 77 votes
D) None of the above
D) None of the above: 24% of votes, 42 votes

February 2018

Do you know anyone who is investing in a startup via an Initial Coin Offering?

A) Yes
A) Yes: 22% of votes, 46 votes
B) No
B) No: 68% of votes, 140 votes
C) Not sure
C) Not sure: 9% of votes, 19 votes

January 2018

Which industry is in the best position to detect human trafficking?

A) Hospitality and accommodation
A) Hospitality and accommodation: 28% of votes, 153 votes
B) Financial services
B) Financial services: 33% of votes, 181 votes
C) Property management
C) Property management: 4% of votes, 20 votes
D) Transportation and travel
D) Transportation and travel: 36% of votes, 200 votes

2017

December 2017

Which topic would you like to read more about in 2018?

A) Bitcoin and cryptocurrencies
A) Bitcoin and cryptocurrencies: 49% of votes, 203 votes
B) Regulatory expectations
B) Regulatory expectations: 11% of votes, 47 votes
C) Career guidance
C) Career guidance: 8% of votes, 33 votes
D) Cybersecurity
D) Cybersecurity: 8% of votes, 32 votes
E) De-risking and financial inclusion
E) De-risking and financial inclusion: 2% of votes, 8 votes
F) Terrorist financing
F) Terrorist financing: 6% of votes, 26 votes
G) Ultimate Beneficial ownership
G) Ultimate Beneficial ownership: 8% of votes, 34 votes
H) Sanctions
H) Sanctions: 7% of votes, 28 votes

November 2017

What is your institution doing to ensure that the transaction monitoring program is properly configured and aligned to the institution’s ML/TF risk profile?

A) Establishing a well-defined risk assessment methodology
A) Establishing a well-defined risk assessment methodology: 39% of votes, 31 votes
B) Updating the risk assessment on an annual basis and after a major event occurs
B) Updating the risk assessment on an annual basis and after a major event occurs: 27% of votes, 21 votes
C) Mapping the areas with higher ML/TF inherent risks to scenarios and/or rules
C) Mapping the areas with higher ML/TF inherent risks to scenarios and/or rules: 28% of votes, 22 votes
D) Maintaining key performance indicators
D) Maintaining key performance indicators: 6% of votes, 5 votes

October 2017

In preparing to comply with the CDD rule, have your examiners been helpful?

A) Yes, very helpful
A) Yes, very helpful: 46% of votes, 17 votes
B) Somewhat helpful
B) Somewhat helpful: 38% of votes, 14 votes
C) Not helpful
C) Not helpful: 16% of votes, 6 votes

September 2017

In which area has your AML budget been most invested?

A) Transaction monitoring
A) Transaction monitoring: 55% of votes, 86 votes
B) KYC reviews and maintenance
B) KYC reviews and maintenance: 34% of votes, 53 votes
C) Recruitment
C) Recruitment: 6% of votes, 9 votes
D) Cybersecurity
D) Cybersecurity: 6% of votes, 9 votes

August 2017

Does your financial institution rely on artificial intelligence?

A) Yes
A) Yes: 47% of votes, 56 votes
B) No
B) No: 53% of votes, 63 votes

June 2017

Have you implemented EDD or suspicious activity monitoring efforts around gatekeepers?

A) Yes, for all clients
A) Yes, for all clients: 35% of votes, 66 votes
B) Yes, for higher risk clients
B) Yes, for higher risk clients: 52% of votes, 97 votes
C) No
C) No: 13% of votes, 25 votes

May 2017

What is your institution doing to maintain public/private partnerships?

A) Conducting public/private networking events
A) Conducting public/private networking events: 38% of votes, 21 votes
B) Asking our local LE to conduct training sessions
B) Asking our local LE to conduct training sessions: 16% of votes, 9 votes
C) Maintaining an active role in our local ACAMS chapter
C) Maintaining an active role in our local ACAMS chapter: 29% of votes, 16 votes
D) We are not currently partnered with our local LE
D) We are not currently partnered with our local LE: 16% of votes, 9 votes

April 2017

What is your institution doing to retain top talent?

A) Training our leaders to engage with their team to raise motivation and morale
A) Training our leaders to engage with their team to raise motivation and morale: 23% of votes, 15 votes
B) Revealing the deeper purpose behind employees’ work
B) Revealing the deeper purpose behind employees’ work: 6% of votes, 4 votes
C) Providing employees with the tools and resources to reach their goals
C) Providing employees with the tools and resources to reach their goals: 45% of votes, 30 votes
D) Listening to our employees’ opinions and recommendations
D) Listening to our employees’ opinions and recommendations: 26% of votes, 17 votes

March 2017

As an AML professional, what are you doing to remain marketable?

A) Seeking mentors
A) Seeking mentors: 3% of votes, 8 votes
B) Becoming the go-to person in the organization
B) Becoming the go-to person in the organization: 20% of votes, 50 votes
C) Building subject-matter expertise
C) Building subject-matter expertise: 55% of votes, 135 votes
D) Encouraging knowledge sharing
D) Encouraging knowledge sharing: 21% of votes, 51 votes

February 2017

Which of the following is most challenging when finding a new AML/CTF position?

A) Updating the resume
A) Updating the resume: 11% of votes, 35 votes
B) Preparing for the interview
B) Preparing for the interview: 13% of votes, 41 votes
C) Meeting the requirements/skills/certifications needed for the position
C) Meeting the requirements/skills/certifications needed for the position: 50% of votes, 165 votes
D) Networking
D) Networking: 27% of votes, 87 votes

January 2017

Which are the biggest challenges to your institution or firm in 2017?

Assessing money laundering in real estate
Assessing money laundering in real estate: 9% of votes, 10 votes
FinTech
FinTech: 11% of votes, 12 votes
Cyber-enabled crime prevention
Cyber-enabled crime prevention: 29% of votes, 31 votes
Financial access to high-risk customers
Financial access to high-risk customers: 24% of votes, 26 votes
Sanctions
Sanctions: 15% of votes, 16 votes
Getting resources
Getting resources: 11% of votes, 12 votes

2016

December 2016

Which KYC challenge does your FI face?

Identifying customers’ business type
Identifying customers’ business type: 9% of votes, 21 votes
Determining customers’ risk classification
Determining customers’ risk classification: 22% of votes, 52 votes
Understanding customers’ source of funds
Understanding customers’ source of funds: 59% of votes, 138 votes
Identifying the location and country from which the customer originates
Identifying the location and country from which the customer originates: 9% of votes, 21 votes

November 2016

How well is your client onboarding process working within your institution?

It is working very well
It is working very well: 20% of votes, 13 votes
It works, but it needs some improvement
It works, but it needs some improvement: 49% of votes, 32 votes
It is currently under review
It is currently under review: 17% of votes, 11 votes
New processes are being implemented
New processes are being implemented: 14% of votes, 9 votes

October 2016

Should real estate agents be required to comply with the requirements of the USA PATRIOT Act?

Yes
Yes: 94% of votes, 369 votes
No
No: 4% of votes, 14 votes
Undecided
Undecided: 3% of votes, 10 votes

September 2016

Has your institution clearly defined “marijuana-related businesses” in your policies and procedures?

Yes
Yes: 35% of votes, 41 votes
No
No: 65% of votes, 75 votes

August 2016

How has your institution been preparing for the new finalized CDD Rule?

By changing or amending our policy and procedures
By changing or amending our policy and procedures: 39% of votes, 27 votes
By creating new training and communications plans
By creating new training and communications plans: 20% of votes, 14 votes
By evaluating our business focus and target market in light of the new rule
By evaluating our business focus and target market in light of the new rule: 20% of votes, 14 votes
We have no yet begun to prepare for the new CDD Rule
We have no yet begun to prepare for the new CDD Rule: 21% of votes, 15 votes

July 2016

What is your biggest challenge when dealing with high-risk customers?

Verifying their identity
Verifying their identity: 10% of votes, 32 votes
Establishing beneficial ownership
Establishing beneficial ownership: 21% of votes, 66 votes
Establishing source of wealth/funds
Establishing source of wealth/funds: 44% of votes, 136 votes
Managing the risk for regulatory compliance purposes
Managing the risk for regulatory compliance purposes: 25% of votes, 77 votes

June 2016

Has your FI added human trafficking prevention training in the past two years?

Yes
Yes: 34% of votes, 67 votes
No
No: 67% of votes, 133 votes

May 2016

How is your institution responding to the evolving world of daily fantasy sports (DFS)?

By keeping up-to-date on the legal developments surrounding DFS
By keeping up-to-date on the legal developments surrounding DFS: 20% of votes, 7 votes
Detecting transactions to or from FanDuel and DraftKings
Detecting transactions to or from FanDuel and DraftKings: 9% of votes, 3 votes
Performing CDD to detect future suspicious activity
Performing CDD to detect future suspicious activity: 23% of votes, 8 votes
Identifying our risk(s) associated with DFS and ensuring proper procedures and policies are in effect
Identifying our risk(s) associated with DFS and ensuring proper procedures and policies are in effect: 49% of votes, 17 votes

April 2016

What do you find most important in an AML workplace environment?

"Tone at the Top"
"Tone at the Top": 34% of votes, 86 votes
Staying current with laws and regulations
Staying current with laws and regulations: 32% of votes, 81 votes
Communications
Communications: 10% of votes, 24 votes
Resources and training
Resources and training: 24% of votes, 59 votes

February 2016

As an AML professional in 2016, what remains your biggest worry?

Increased focus on holding compliance officers personally liable
Increased focus on holding compliance officers personally liable: 17% of votes, 65 votes
The myriad of issues beyond AML that are my responsibility (i.e., sanctions, cyber, fraud)
The myriad of issues beyond AML that are my responsibility (i.e., sanctions, cyber, fraud): 20% of votes, 78 votes
Lack of management support for AML
Lack of management support for AML: 13% of votes, 52 votes
Reputation of the financial sector
Reputation of the financial sector: 3% of votes, 12 votes
All of the above
All of the above: 46% of votes, 179 votes

January 2016

Which of the following is most challenging when creating an effective compliance training program?

Understanding your target audience
Understanding your target audience: 52% of votes, 128 votes
Identifying the topics
Identifying the topics: 18% of votes, 44 votes
How to train/present the material
How to train/present the material: 25% of votes, 62 votes
Choosing the best time and location
Choosing the best time and location: 4% of votes, 10 votes

2015

December 2015

What is your institution doing to help thwart human trafficking?

Working directly with law enforcement agencies
Working directly with law enforcement agencies: 6% of votes, 7 votes
Keeping up with related guidance to help identify suspicious activity
Keeping up with related guidance to help identify suspicious activity: 12% of votes, 14 votes
Providing training on monitoring accounts for related suspicious activity
Providing training on monitoring accounts for related suspicious activity: 9% of votes, 10 votes
All of the above
All of the above: 73% of votes, 83 votes

November 2015

Has your institution discovered a marijuana-related business (MRB) in your client base?

Yes
Yes: 33% of votes, 40 votes
No
No: 61% of votes, 73 votes
Yes, because our institution accepts MRBs
Yes, because our institution accepts MRBs: 6% of votes, 7 votes

October 2015

Has your friend, colleague or family member been impacted by human trafficking or smuggling?

Yes
Yes: 8% of votes, 7 votes
No
No: 92% of votes, 82 votes

September 2015

With the FIFA indictments and corruption allegations, has your FI:

Made AML policy changes
Made AML policy changes: 0% of votes, 0 votes
Increased training and awareness about similarly situated organizations
Increased training and awareness about similarly situated organizations: 10% of votes, 7 votes
Increased due diligence on certain accounts
Increased due diligence on certain accounts: 15% of votes, 10 votes
All of the above
All of the above: 75% of votes, 51 votes

August 2015

How important is mitigating insider fraud risk to your FI?

Very important, we have a strong know your employee (KYE) program
Very important, we have a strong know your employee (KYE) program: 67% of votes, 90 votes
Important, but it is not seen as a high priority
Important, but it is not seen as a high priority: 24% of votes, 33 votes
Not very important, but we do require a pre-employment background screening
Not very important, but we do require a pre-employment background screening: 9% of votes, 12 votes

July 2015

Are cyber intrusions at your financial institution being properly reported in SARs?

Unsure, but very concerned they are not
Unsure, but very concerned they are not: 23% of votes, 20 votes
Our cyber security team has an independent relationship with law enforcement
Our cyber security team has an independent relationship with law enforcement: 10% of votes, 9 votes
We do not have an integrated program, but first line of defense staff has been trained on SAR requirements
We do not have an integrated program, but first line of defense staff has been trained on SAR requirements: 15% of votes, 13 votes
We have an integrated fraud, cyber security and AML program that facilitates the filing of a SAR as required by FinCEN
We have an integrated fraud, cyber security and AML program that facilitates the filing of a SAR as required by FinCEN: 52% of votes, 45 votes

June 2015

What has your FI done to help detect and/or address elder financial exploitation?

Clearly define “elder” as part of KYC
Clearly define “elder” as part of KYC: 18% of votes, 12 votes
Decide whether added CDD or EDD is warranted
Decide whether added CDD or EDD is warranted: 11% of votes, 7 votes
Training
Training: 42% of votes, 27 votes
Staying current with the ever-changing landscape of laws and regulations affecting elders
Staying current with the ever-changing landscape of laws and regulations affecting elders: 29% of votes, 19 votes

May 2015

How familiar are you with terrorist financing trends and typologies?

Very familiar
Very familiar: 24% of votes, 33 votes
Somewhat familiar
Somewhat familiar: 36% of votes, 48 votes
Limited knowledge
Limited knowledge: 32% of votes, 43 votes
No knowledge
No knowledge: 8% of votes, 11 votes

April 2015

How prepared do you think your local authorities are at handling a terrorist attack in your area?

Very prepared
Very prepared: 11% of votes, 5 votes
Somewhat prepared
Somewhat prepared: 37% of votes, 17 votes
Not very prepared
Not very prepared: 26% of votes, 12 votes
Not at all prepared
Not at all prepared: 22% of votes, 10 votes
Not sure
Not sure: 4% of votes, 2 votes

February 2015

Which of the following components of the terrorist-business model have you come across?

Their mission
Their mission: 100% of votes, 1 votes
The infrastructure they use to support their operations
The infrastructure they use to support their operations: 0% of votes, 0 votes
Their funding requirements
Their funding requirements: 0% of votes, 0 votes
Their source of funds
Their source of funds: 0% of votes, 0 votes
Their method of moving funds in and out of the financial system
Their method of moving funds in and out of the financial system: 0% of votes, 0 votes

January 2015

Which factors drive fine tuning for your firm's suspicious activity monitoring systems?

Confirming that the system is tailored to the risks of the business
Confirming that the system is tailored to the risks of the business: 0% of votes, 0 votes
Mitigating false positives
Mitigating false positives: 33% of votes, 1 votes
Ensuring that the system is working properly
Ensuring that the system is working properly: 33% of votes, 1 votes
Managing volumes
Managing volumes: 33% of votes, 1 votes
N/A—my firm does not currently tune suspicious activity monitoring systems
N/A—my firm does not currently tune suspicious activity monitoring systems: 0% of votes, 0 votes

2014

December 2014

What does your institution do to conduct EDD on MSBs?

Review list of agents & locations that will be receiving services directly or indirectly through the MSB account
Review list of agents & locations that will be receiving services directly or indirectly through the MSB account: 20% of votes, 2 votes
Review the MSB’s AML program
Review the MSB’s AML program: 10% of votes, 1 votes
Review written procedures for the operation of the MSB
Review written procedures for the operation of the MSB: 20% of votes, 2 votes
Conduct onsite visits
Conduct onsite visits: 0% of votes, 0 votes
All of the above
All of the above: 50% of votes, 5 votes
Other
Other: 0% of votes, 0 votes

November 2014

What is the biggest challenge for casinos?

Having a fundamental understanding of money laundering risk
Having a fundamental understanding of money laundering risk: 0% of votes, 0 votes
Knowing their customer and implementing KYC best practice protocols
Knowing their customer and implementing KYC best practice protocols: 100% of votes, 6 votes
Building an effective working relationship with marketing, finance, compliance, etc.
Building an effective working relationship with marketing, finance, compliance, etc.: 0% of votes, 0 votes
Receiving frequent and proper training
Receiving frequent and proper training: 0% of votes, 0 votes

October 2014

Suspicious activity reporting or suspicious transaction reporting in my jurisdiction is:

the cornerstone of an effective AML program
the cornerstone of an effective AML program: 88% of votes, 28 votes
a "tick the box" exercise that does not assist law enforcement
a "tick the box" exercise that does not assist law enforcement: 3% of votes, 1 votes
frustrating because financial institutions do not know how reports are utilized
frustrating because financial institutions do not know how reports are utilized: 6% of votes, 2 votes
inconsistently administered and confusing to understand
inconsistently administered and confusing to understand: 3% of votes, 1 votes

September 2014

Which of these factors highly influences your decision to de-risk?

Change in policy and/or risk appetite
Change in policy and/or risk appetite: 29% of votes, 6 votes
Perceived risk is greater than the expected value of the business
Perceived risk is greater than the expected value of the business: 38% of votes, 8 votes
Inadequate budget to support increased due diligence and monitoring activities
Inadequate budget to support increased due diligence and monitoring activities: 19% of votes, 4 votes
Inconsistent regulatory expectations
Inconsistent regulatory expectations: 14% of votes, 3 votes

August 2014

If a financial institution determines that a marijuana business is not engaged in any one of the eight federal enforcement priorities, their SAR will be considered:

Marijuana Limited
Marijuana Limited: 41% of votes, 16 votes
Marijuana Suspicious
Marijuana Suspicious: 33% of votes, 13 votes
Marijuana None
Marijuana None: 13% of votes, 5 votes
Marijuana Priority
Marijuana Priority: 13% of votes, 5 votes

July 2014

If a cyber intrusion occurs, who should the response initiative fall on?

The IT department
The IT department: 21% of votes, 13 votes
It should be a collaborative effort between departments
It should be a collaborative effort between departments: 79% of votes, 50 votes
The marketing department
The marketing department: 0% of votes, 0 votes

June 2014

What happens when there is a lack of the beneficial ownership requirement?

Flight capital from poor countries
Flight capital from poor countries: 0% of votes, 0 votes
Tax avoidance or evasion from all countries
Tax avoidance or evasion from all countries: 2% of votes, 1 votes
Illicit proceeds from corruption and criminal activity in countries
Illicit proceeds from corruption and criminal activity in countries: 9% of votes, 5 votes
All of the above
All of the above: 89% of votes, 51 votes
Other
Other: 0% of votes, 0 votes

May 2014

When should companies and financial entities be required to make their ownership public?

Information should always be open and accessible to the public
Information should always be open and accessible to the public: 70% of votes, 33 votes
Only regulatory, tax authorities, and law enforcement agencies should have access to this information
Only regulatory, tax authorities, and law enforcement agencies should have access to this information: 26% of votes, 12 votes
It should not be released to anyone
It should not be released to anyone: 0% of votes, 0 votes
Other
Other: 4% of votes, 2 votes

April 2014

Does your institution have a no-SAR documentation process?

Yes
Yes: 71% of votes, 22 votes
No
No: 29% of votes, 9 votes
Not Sure
Not Sure: 0% of votes, 0 votes

March 2014

What challenge has your institution been facing while upgrading your AML systems?

Understanding and keeping up with current regulatory expectations and issued guidances
Understanding and keeping up with current regulatory expectations and issued guidances: 13% of votes, 2 votes
Understanding the complexity and life cycle of a new AML system
Understanding the complexity and life cycle of a new AML system: 13% of votes, 2 votes
Understanding the features, functionality and options available in updated AML softwares
Understanding the features, functionality and options available in updated AML softwares: 19% of votes, 3 votes
All of the above
All of the above: 56% of votes, 9 votes

February 2014

Banks are expected to have all the processes for FATCA compliance in place by July 1, 2014. Will your institution be prepared?

Yes
Yes: 47% of votes, 14 votes
No
No: 20% of votes, 6 votes
Not Sure
Not Sure: 33% of votes, 10 votes

January 2014

Your AML Policy Manual should

Explain all technical terms and acronyms thoroughly
Explain all technical terms and acronyms thoroughly: 36% of votes, 4 votes
Exclude your organization's propriety information
Exclude your organization's propriety information: 9% of votes, 1 votes
Omit procedures
Omit procedures: 9% of votes, 1 votes
All of the above
All of the above: 45% of votes, 5 votes

2013

December 2013

What topics would you like to read more about in 2014?

Virtual Currencies, i.e.,Bitcoin
Virtual Currencies, i.e.,Bitcoin: 20% of votes, 24 votes
Legalization of marijuana in U.S. states and Uruguay
Legalization of marijuana in U.S. states and Uruguay: 11% of votes, 13 votes
Iranian and Syrian Sanctions
Iranian and Syrian Sanctions: 8% of votes, 10 votes
Regulator Expectations
Regulator Expectations: 23% of votes, 27 votes
Compliance hiring trends
Compliance hiring trends: 14% of votes, 17 votes
Lessons learned from enforcement actions
Lessons learned from enforcement actions: 23% of votes, 27 votes

November 2013

Does your institution have a clear, effective way to escalate compliance issues within your institutions management?

Yes
Yes: 91% of votes, 10 votes
No
No: 9% of votes, 1 votes

October 2013

If you were the compliance officer at an institution and you detected high level bank officials’ complicity in laundering illicit funds, your first step would be to:

File a SAR/STR
File a SAR/STR: 61% of votes, 20 votes
Contact law enforcement
Contact law enforcement: 24% of votes, 8 votes
Confront the complicit officials
Confront the complicit officials: 3% of votes, 1 votes
Resign
Resign: 3% of votes, 1 votes
Seek legal counsel
Seek legal counsel: 9% of votes, 3 votes

August 2013

Since we have just passed the mid-year point in 2013, what are your biggest concerns for the rest of the year in AML compliance?

Need for additional resources
Need for additional resources: 47% of votes, 7 votes
Completion of our risk assessment
Completion of our risk assessment: 33% of votes, 5 votes
Next AML examination
Next AML examination: 20% of votes, 3 votes
Filling staff with qualified personnel
Filling staff with qualified personnel: 0% of votes, 0 votes

June 2013

What has been the most important development in the field of law enforcement in the past 10 years?

Increased partnerships with the private sector
Increased partnerships with the private sector: 29% of votes, 6 votes
Increased international cooperation and information sharing via MOUs, MLATs, etc.
Increased international cooperation and information sharing via MOUs, MLATs, etc.: 29% of votes, 6 votes
Advancements in technology for investigations
Advancements in technology for investigations: 33% of votes, 7 votes
Not sure
Not sure: 10% of votes, 2 votes

April 2013

Does Bitcoin pose a financial crime risk?

Yes
Yes: 94% of votes, 49 votes
No
No: 4% of votes, 2 votes
Don't know
Don't know: 2% of votes, 1 votes

February 2013

What will be the biggest challenge of the Fourth Anti-Money Laundering Directive?

Increased PEP obligations
Increased PEP obligations: 21% of votes, 5 votes
Predicate tax crime offense
Predicate tax crime offense: 50% of votes, 12 votes
Increased regulation over gambling sector
Increased regulation over gambling sector: 21% of votes, 5 votes
Increased emphasis on the risk-based approach
Increased emphasis on the risk-based approach: 8% of votes, 2 votes

2012

December 2012

As a compliance professional, what is your New Year’s career resolution?

Obtain my CAMS certification or if CAMS seek more training
Obtain my CAMS certification or if CAMS seek more training: 50% of votes, 79 votes
Improve our compliance program
Improve our compliance program: 25% of votes, 40 votes
Lobby for more resources
Lobby for more resources: 7% of votes, 11 votes
Expand my network of compliance contacts
Expand my network of compliance contacts: 18% of votes, 28 votes

October 2012

How often will you use the new ACAMS Today mobile app?

Once a day
Once a day: 44% of votes, 8 votes
Weekly
Weekly: 33% of votes, 6 votes
2 to 3 times a month
2 to 3 times a month: 11% of votes, 2 votes
Monthly
Monthly: 11% of votes, 2 votes

September 2012

What steps should taxpayers outside the United States follow as prerequisites to avoid federal tax liabilities?

Provide the correct address on their tax returns
Provide the correct address on their tax returns: 27% of votes, 6 votes
Complete TECS registration
Complete TECS registration: 32% of votes, 7 votes
Sign a waiver with their tax adviser
Sign a waiver with their tax adviser: 0% of votes, 0 votes
None of the above
None of the above: 41% of votes, 9 votes

July 2012

Fraud is contingent on five common elements: 1) Integrity 2) Opportunity 3) Incentive 4) Rationalization and 5) Capability.

True
True: 75% of votes, 82 votes
False
False: 25% of votes, 27 votes

May 2012

What is the best way to improve your compliance training?

By seeking employee feedback
By seeking employee feedback: 37% of votes, 15 votes
Using social networking tools
Using social networking tools: 5% of votes, 2 votes
Implementing recognition programs
Implementing recognition programs: 15% of votes, 6 votes
Using resources from the compliance community
Using resources from the compliance community: 44% of votes, 18 votes

April 2012

Is there money laundering risk in life insurance?

Yes
Yes: 100% of votes, 9 votes
No
No: 0% of votes, 0 votes

February 2012

What is the most important thing you can do to prepare for FATCA implementation?

Set up a checklist and timeline for full implementation
Set up a checklist and timeline for full implementation: 0% of votes, 0 votes
Communicate with customers so that they understand the new law
Communicate with customers so that they understand the new law: 0% of votes, 0 votes
Work closely with your legal department
Work closely with your legal department: 3% of votes, 1 votes
All of the above
All of the above: 97% of votes, 33 votes

January 2012

How often do you conduct compliance training for your frontline personnel?

Once a month
Once a month: 7% of votes, 2 votes
Every three months
Every three months: 7% of votes, 2 votes
Every six months
Every six months: 10% of votes, 3 votes
Once a year
Once a year: 72% of votes, 21 votes
Never
Never: 3% of votes, 1 votes

2011

December 2011

What is the biggest challenge you face when dealing with cross-border money laundering?

New methodologies used by criminals
New methodologies used by criminals: 10% of votes, 2 votes
Movement of money through intermediary countries
Movement of money through intermediary countries: 10% of votes, 2 votes
New funding channels used by criminals
New funding channels used by criminals: 0% of votes, 0 votes
All of the above
All of the above: 81% of votes, 17 votes

September 2011

Is customer due diligence considered a financial burden at your institution?

Yes
Yes: 31% of votes, 47 votes
No
No: 66% of votes, 99 votes
Undecided
Undecided: 3% of votes, 4 votes