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In today’s world, decentralisation and globalisation are universally accepted values. Indeed, manufacturing a single pair of jeans involves multiple actors from around the world. “It is estimated that for some [jeans], if you were to put each one of them end to end, the jeans...
Jamaica’s anti-corruption oversight body tabled its annual report in Parliament on July 6, 20211 but still managed to make several recommendations2 for bolstering its existing legislative framework.3 These included requiring members of Parliament and government officials who are required to declare financial assets as part...
Bankers, attorneys and other professionals in the European Union who help blacklisted Russian oligarchs evade sanctions would face a higher risk of prosecution under proposed EU legislation. Click here to read the full article.
Environmental, social and governance initiatives within financial institutions are a current hot topic for discussion in corporate board rooms and the financial press, with critics writing them off as at best peripheral to the function of corporations and at worst platitudinous distractions from the bottom...
In this episode of “Financial Crime Matters,” Kieran Beer talks with Ilze Znotina about the challenges Latvia has faced over the past four years during her tenure as head of the Financial Intelligence Unit (FIU), including enforcing sanctions against Russia following its invasion of Ukraine....
This article is the second of a three-part series on human trafficking. As we learned in the article Understanding Human Trafficking, in the U.S., sex trafficking is defined as follows: Figure 1: Section 7102 (11) (A) of Title 22 U.S. Code “The recruitment, harboring, transportation,...
Canadian officials want to extend anti-money laundering requirements to unregulated mortgage lenders and other new sectors in the years ahead, while also dramatically boosting spending on AML supervision, financial crime investigations and corporate transparency. Click here to read the full article.
Digital payment volumes have increased dramatically during the COVID-19 pandemic as more companies sell their products and services through digital channels. These payments have expanded to new areas, such as grocery deliveries, vacation rentals as well as automotive sales and repairs. In addition, more consumers...
In this episode of “Financial Crime Matters,” Kieran Beer talks with Jessica Davis, a veteran of more than 20 years in defense and intelligence roles in government and the private sector in Canada. They discuss the occupation of Canada’s capitol for three weeks last winter...
ACAMS Today had the opportunity to sit down and speak with Megan Lundstrom, an anti-human trafficking subject-matter expert and survivor, consultant, co-founder and CEO at The Avery Center (TAC). Lundstrom discussed what led to the formation of TAC, her personal human trafficking (HT) experience and...
