A Smorgasbord of Regulations
Blockchain technology offers a wide array of solutions that challenge traditional business models but this innovation needs updated governance policies to balance efficiency and public safety.
The ACAMS Connection is a bi-weekly e-newsletter exclusive to ACAMS members. It provides members with a snapshot of anti-money laundering (AML) current events, the latest trends in financial crime and updates on what is new to the ACAMS community. The ACAMS Connection is the trusted source by ACAMS members for staying on top of industry best practices.
How AI-Driven Social Media Monitoring for AML Works: Part 1
Most have an opinion—or several—about social media.
The Importance of Emotional Intelligence in Your Compliance Officers
In order to dive into the importance of emotional intelligence, it is imperative to understand the concept first.
Should your company worry about PEPs?
It is important that compliance professionals understand why PEPs can be problematic, and the tools available to help them mitigate the threats and comply with regulations.
Impossible Evidence: Words, Identity and AI
For machines, not all textual data is created equal.
Virtual Assets: Calibrating the Compass of Suspicion
On October 19, 2018, the Financial Action Task Force (FATF) published long-awaited changes to its recommendations and glossary relating to “virtual assets” and “virtual assets service providers;”1 these changes supplemented the 2015 FATF report, Guidance for a Risk-Based Approach to Virtual Currencies.2
2019 U.N. North Korea Panel of Experts Report: Takeaways for Financial Institutions
The implementation of financial sanctions remains one of the main challenges for governments and financial institutions around the world.
Imposter Syndrome—A Different Type of Fraud
Imposter syndrome causes people to doubt their achievements and think of themselves as frauds, resulting in fear that others will expose them as such.
1984—Making the Cash Connection
In 1984, several law enforcement agencies and the intelligence community collaborated on a study to seek the international cash connection.
The Regulators Have Spoken: Technology Leads to Effective BSA/AML Compliance
A U.S. Department of the Treasury working group composed of top regulatory agencies has put out a call for Bank Secrecy Act/anti-money laundering (BSA/AML) compliance to become more effective, affordable and sustainable.