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How imposter fraud has evolved with AI tools

How imposter fraud has evolved with AI tools

Why you should make your boss’ life easier

Why you should make your boss’ life easier

FinCEN’s modernization mandate for AML/BSA programs: Building risk intelligence platforms

FinCEN’s mandate for AML/BSA programs: Risk intelligence platforms

Closing the agility gap: Why compliance cannot keep up in the “launderverse”

Closing the agility gap: Why compliance cannot keep up in the “launderverse”

The effects of recent enforcement actions and FinCEN’s real estate regulations

The effects of recent enforcement actions and FinCEN’s real estate regulations

Virtual IBANs under scrutiny: Closing Europe’s digital banking loophole

Virtual IBANs under scrutiny: Closing Europe’s digital banking loophole

March – May 2016

AFC Challenges, March – May 2016

Money Laundering and Corruption—Strange Bedfellows

March 7, 2016 /Leave a comment
Political corruption is seemingly as old as civilization and is admittedly an intrinsic problem that all countries experience to varying degrees, as opportunities for outside parties to influence public-facing officials and politicians abound in both emerging and developed nations. In the modern era, the...
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March – May 2016, Member Spotlight

Paul Dougherty, CAMS—Charlotte, NC, USA

March 7, 2016 /Leave a comment
Paul Dougherty is the senior vice president and director of financial crimes compliance at Fifth Third Bank. He leads Fifth Third Bank’s anti-money laundering (AML) and economic sanctions programs and is responsible for ensuring compliance with financial crimes laws and regulations. Dougherty is also the...
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March – May 2016, Meet the ACAMS Staff

Margo Vakharia: Quality Support in Europe

March 7, 2016 /Leave a comment
Margo Vakharia arrived in London in 2000, after backpacking through Australia for a year. Vakharia intended to return to Ireland, but her brief London stopover became permanent when she was offered a job in finance with HSBC. With a keen interest in technology, Vakharia...
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March – May 2016, Member Spotlight

Robert Cohen, CAMS—London, U.K.

March 7, 2016 /Leave a comment
Robert Cohen began his compliance career in banking at Citigroup where he supported a large-scale transactional monitoring project rollout. He then joined PricewaterhouseCoopers’ regulatory risk and compliance advisory team where he advised a number of clients in the financial services and banking industry on both...
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March – May 2016, Member Spotlight

John McCarthy—San Francisco, CA, USA

March 7, 2016 /Leave a comment
John McCarthy has been directly involved in the national security, law enforcement and compliance fields for more than two decades. Throughout his career, he has been fortunate to contribute to teams of professionals that seek to build programs that ensure risk management objectives are achieved...
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March – May 2016, Member Spotlight

Christine Reid, CAMS-FCI—Hamilton, ON, Canada

March 7, 2016 /Leave a comment
Christine Reid’s career spans over 25 years in the financial services arena. She is an accomplished compliance professional with an extensive regulatory background, particularly in the securities industry. During the past 10 years she has focused on anti-money laundering (AML) and anti-terrorist financing. Reid is...
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March – May 2016, Practical Solutions

Why AML Model Validation Efforts Can Fall Short and How to Prevent It

March 7, 2016 /Leave a comment
As banks and other financial institutions face increased regulatory scrutiny, they are required to better understand and conduct independent validations of the models they rely on for anti-money laundering (AML) purposes. These models, like financial and economic models, are expected to be validated prior...
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Europe, Ireland Chapter, Know Your Chapter, March – May 2016

ACAMS Launches Ireland Chapter

March 7, 2016May 9, 2016 /Leave a comment
In mid-January, ACAMS launched its Ireland Chapter with a networking event at the Westin Hotel in Dublin. Close to 200 anti-money laundering professionals attended the hugely successful launch, hearing from Executive Vice President John Byrne, Editor-in-Chief of moneylaundering.com Kieran Beer and Keynote Speaker Domhnall Cullinan...
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Europe, European Connect, March – May 2016

Happenings in Europe

March 7, 2016October 4, 2016 /Leave a comment
Editor’s Note: European Connect is a section in the ACAMS Today magazine that will update members on ACAMS news and activities in Europe. In this issue’s European Connect, I wanted to let you know how much we are looking forward to meeting with so...
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Compliance, March – May 2016

Under the Bank Secrecy Act, Casinos Must Know Their Players

March 7, 2016 /Leave a comment
In December 2015, the American Gaming Association (AGA), in consultation with the Financial Crimes Enforcement Network (FinCEN), released newly updated AML best practices for casinos.1 Among other valuable information, the best practices describe the role that risk-based assessments should play in a casino’s compliance...
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ACAMS is the largest membership organization dedicated to enhancing the knowledge and skills of financial crime detection and prevention professionals worldwide. Its CAMS certification is the most widely recognized anti-money laundering certification among compliance professionals. Visit the ACAMS website at www.acams.org.

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