featured Archives - Page 40 of 41

Helping Create a World Where No One is for Sale

July 16, 2015September 16, 2015 /Leave a comment

Thirty million people are affected by modern-day slavery. Women and girls make up 98 percent of the world's sexually exploited and 12 to 14 is the average age girls are being sexually exploited in the U.S. Not For Sale (NFS), a non-profit organization, helps protect...

In Focus

The Importance of Volunteering in the Prevention of ML

July 6, 2015August 4, 2015 /Leave a comment

FATF Recommendation 8 states that non-profit organizations (NPOs) are particularly vulnerable to money laundering and terrorist financing, and countries should ensure that they are not misused. Anti-money laundering (AML) professionals who provide volunteer services not just as humanitarians, but as professional gatekeepers and watch...

Exclusive

ACAMS Welcomes the New FATF President: Mr. Je-Yoon Shin

July 6, 2015July 13, 2015 /Leave a comment

Dear Mr. Je-Yoon Shin: On behalf of the Association of Certified Anti-Money Laundering Specialists (ACAMS), please accept our sincere congratulations on your recent appointment as the incoming president of the Financial Action Task Force (FATF). ACAMS is the largest international membership organization dedicated to enhancing...

Compliance, June – August 2015

From Columbo to Holmes

May 27, 2015May 28, 2015 /1 Comment

Financial crimes investigators can be found throughout both the public and private sectors. They work in law enforcement, government agencies, financial institutions and private businesses. At the beginning of their investigative careers, many are provided with excellent training and have senior investigators who act...

AFC Challenges, June – August 2015

Called to Testify

May 27, 2015May 27, 2015 /Leave a comment

Testifying in a legal proceeding is no walk in the park. It is serious business. As a witness, your initial encounter will most likely be with a friendly attorney whose goal is to assist you in presenting yourself as a credible witness. Unfortunately, in...

June – August 2015, Practical Solutions

Detecting the Enemy Within

May 27, 2015January 8, 2016 /Leave a comment

Newspaper headlines and the nightly news are filled with stories of lone wolves, terrorist cells and foreign terrorist fighters (FTFs) recounting recent attacks or attacks that have been averted. All are part of the growing threat of homegrown terrorism in the U.S. and detecting these...

AFC Challenges, June – August 2015

Talk the AML Talk

May 27, 2015May 27, 2015 /Leave a comment

A detective sheepishly pushes a file toward me as his other hand unconsciously rises in a gesture as if to shield his eyes from the horror found within the folder. His unmistakable body language speaks as loudly as his words. He wants to unapologetically...

June – August 2015, Practical Solutions

Elder Financial Exploitation—Surveillance is Only Part of the Solution

May 27, 2015February 2, 2016 /Leave a comment

Generally, compliance officers do not like gray areas. Gray areas call for judgments, judgments lead to errors and errors lead to bad situations for financial institutions and, at times, the customers. The gray areas in addressing elder financial exploitation1 go far beyond the color of...

AFC Challenges, June – August 2015

The Bookie

May 27, 2015May 27, 2015 /Leave a comment

Want to lay a bet, place a wager or make a sporting event more interesting by placing money on the outcome? Call a bookie, get the line and see what happens. March Madness ended a few months ago and people across the globe checked...

Career Guidance, March – May 2015

Rocket to the Next Career Level

March 5, 2015March 30, 2015 /5 Comments

External movement has become increasingly commonplace in the compliance field in recent years. As banks and financial services firms suffer the ramifications of insufficient compliance investment, many are spending heavily in recruiting the strongest talent, often reaching outside of their institution. The trickle-down effect...