All Editions Archives - Page 3 of 158

AFC Challenges, Exclusive, March – May 2025

Seeing Positives in False Positives

March 19, 2025 /1 Comment

False positive alerts―those system-generated events that flag normal behavior as suspicious―are a big pain point for most anti-financial crime (AFC) professionals. Even though the activity is normal, AFC staff must still review the events and document their normalcy. Not only does this work balloon budgets,...

From the Editor, March – May 2025

Future Gazing

March 19, 2025 /Leave a comment

Years ago, while living in Paris, France, I had the great fortune to meet a lovely elderly woman who had lived a full and amazing life. Another friend and I would visit her at her small apartment in the 11th arrondissement each week. Our routine...

Compliance, December 2024 – February 2025

SARs That Count: Words Matter

December 19, 2024December 19, 2024 /Leave a comment

When the Financial Crimes Enforcement Network issued its Advance Notice of Proposed Rulemaking in September 2020, titled “Anti-Money Laundering Program Effectiveness,” it marked a significant shift in how anti-money When the Financial Crimes Enforcement Network (FinCEN) issued its Advance Notice of Proposed Rulemaking (ANPRM) in...

Awards, December 2024 – February 2025

ACAMS Stars Lead the Way in 2024

December 19, 2024December 19, 2024 /Leave a comment

The achievements of five anti-financial crime professionals as well as one ACAMS chapter were recognized during an awards presentation that took place at The Assembly Las Vegas in September at the Aria Resort and Casino. During the ceremony, Dennis Lormel received a The achievements of...

Career Guidance, December 2024 – February 2025

AI Is Giving Job Seekers ‘Ghost Confidence’

December 19, 2024December 19, 2024 /Leave a comment

Let us take a moment to recall this curious headline from March 2023: “Homeless Man Lands Job After Using ChatGPT for Resume and Interview Prep―A 45-year-old homeless man in Chicago used public library computers to access ChatGPT, which helped him craft a compelling resume and...

AFC Challenges, December 2024 – February 2025

The Status of Cannabis Banking in 2024

December 19, 2024 /Leave a comment

Cannabis-related banking and regulation evolved rapidly in 2024, as legalization at the federal level attracted endorsements from all sides of the political spectrum, banking reform inched toward consensus in Congress, and state-level regulatory regimes expanded their reach to encompass the 80% of U.S. residents that...

December 2024 – February 2025, Sanctions

Balancing Costs and Strict Liability: A New Normal

December 19, 2024December 19, 2024 /Leave a comment

The ongoing convergence of the world’s financial and physical supply chains has created new regulatory realities. For financial institutions and the supply chains they finance operationalizing while optimizing sanctions and trade control compliance processes and procedures can be challenging. This can be especially true when...

Compliance, December 2024 – February 2025

SAR Optimization: Seeing the Forest Beyond the Trees

December 19, 2024December 19, 2024 /1 Comment

Suspicious activity reports (SARs) provide crucial intelligence that helps law enforcement develop cases, uncover assets and discover connections to investigate criminal networks. However, the sheer volume and complexity of SARs make them difficult to analyze efficiently. This article is the first part of a two-part...

December 2024 – February 2025, From the Editor

My Mother Has a Saying…

December 19, 2024 /Leave a comment

In reading the articles on offer in this edition, I began thinking about effective communication and what it really entails. An example from my childhood came to mind. One of the most effective communicators I know is my mother. For as long as I can...

December 2024 – February 2025, Regulatory Initiatives

Real Estate and Investment: Adapting to FinCEN’s New Rules

December 19, 2024 /Leave a comment

The end goal of most criminals is to accumulate wealth to enjoy a lavish lifestyle. However, the strong anti-money laundering (AML) framework in the U.S. makes it challenging and complicated to hide illicit proceeds or prove the legitimate source of the funds in question. For...

ACAMS Today

The Magazine for Career-Minded Professionals in the Anti-Financial Crime Field

Financial Investigations and Confiscation in Fighting Crime

Huione Group and the Rise of a Financial Crime Superhub

Offshore Trust Structures and Feeder Fund Mechanisms

One and Done: Ending the Supplemental SAR Assembly Line

Next-Generation Financial Crime Enterprise-Wide Risk Assessments

The Critical Role AFC Professionals Can Play in Sustainable Development

All Editions

Seeing Positives in False Positives

Future Gazing

SARs That Count: Words Matter

ACAMS Stars Lead the Way in 2024

AI Is Giving Job Seekers ‘Ghost Confidence’

The Status of Cannabis Banking in 2024

Balancing Costs and Strict Liability: A New Normal

SAR Optimization: Seeing the Forest Beyond the Trees

My Mother Has a Saying…

Real Estate and Investment: Adapting to FinCEN’s New Rules