September – November 2017 Archives - Page 2 of 3

Member Spotlight, September – November 2017

Thephil Russelliah Roby, CAMS—Riverwoods, IL, USA

September 19, 2017 /Leave a comment

Thephil Russelliah Roby has over 12 years’ of experience with financial institutions in the creation and development of their anti-money laundering and sanctions programs, both in the U.S. and abroad. Currently, Roby serves as director for Enterprise AML Governance and Risk at Discover Financial Services...

September – November 2017, Where has your ACAMS Today been?

Where has your ACAMS Today been? Mongolia, Cancun, New York, California

September 19, 2017September 6, 2019 /Leave a comment

Vasu Sanghani with her March-May 2017 edition of the ACAMS Today at a Starbucks coffee shop in Walnut Creek, California. Kaluwa Maitre-Avril spotted with the Seventh Law Enforcement edition of the ACAMS Today magazine at the 12th Annual AML and Financial Crime Latin American Conference...

Practical Solutions, September – November 2017

Bridging the Gap Between Risk Assessment and Transaction Monitoring

September 19, 2017July 9, 2018 /2 Comments

A robust money laundering/terrorist financing (ML/TF) risk assessment is the cornerstone of a sound compliance program. With more reliance on automated transaction monitoring systems, it is more important than ever to ensure that your transaction monitoring program is properly configured and aligned to the ML/TF...

Practical Solutions, September – November 2017

The Three Building Blocks of a Centralized Compliance System

September 19, 2017 /Leave a comment

When it comes to watchlist screening, what is at stake in today’s high-risk business environment? Well, in 2016, nonbank institutions received 90 percent of all Office of Foreign Assets Control (OFAC) fines,1 with 50 percent of those fines totaling $500,000 or more. Those numbers...

Europe, France Chapter, Know Your Chapter, September – November 2017

Sapin II—A first step toward a European law on corruption?

September 19, 2017 /Leave a comment

In December 2016, France adopted the Sapin II law. One might think of it as just another piece of law in the legislative jungle; however, it is not. Indeed, it is the first strong French anticorruption law and even though it might look, at first...

From the Executive Vice President, September – November 2017

We May Never Pass This Way Again—So Fortunate to be in AML!

September 19, 2017 /Leave a comment

The money laundering challenge in the U.S. and globally is a relatively recent issue. Starting with the drug trafficking crisis in the 1980s, the U.S. passed the first laws covering the movement of illicit funds in 1986 and the now well-known Financial Action Task...

AFC Challenges, Exclusive, September – November 2017

Emerging “Market” Trends

September 19, 2017October 26, 2017 /Leave a comment

By now, certain shelf items have been labeled with a stock keeping unit (SKU), been advertised in circulars and placed out on display for resale. With the science of inventory management applied to market commodities for a quick profit, the question is should the abuse...

Career Guidance, In Focus, September – November 2017

Attracting Compliance Talent

September 19, 2017October 19, 2017 /Leave a comment

For financial institutions around the world, attracting and retaining top talent in the compliance team is essential. As regulatory scrutiny has ramped up in recent years and the focus on preventing financial crime and terrorist financing has intensified, the need for banks to employ skilled...

Aspects of APAC, September – November 2017

The “Risk-Based” Principle of AML Management

September 19, 2017March 10, 2022 /Leave a comment

The “risk-based” anti-money laundering (AML) principle was first promoted by British regulatory authorities. In January 2000, the Financial Services Authority (FSA) was the first to put forth such a concept in its book titled A New Regulator for the New Millennium. Since then, the principle...

Compliance, September – November 2017

Using Data Analytics to Identify AML Risk

September 19, 2017September 19, 2017 /Leave a comment

Data is the lifeblood of financial institutions and other organizations. It is used to run processes, manage financials, predict risk, prove compliance, target customers and influence decisions. In anti-money laundering (AML) and compliance, the data required to identify and combat financial crime is complex. It...

ACAMS Today

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

The deepfake dilemma: The rise of synthetic identity threats

The World Cup: A magnet for financial crime

From harmless wagers to global crime in sports betting

ACAMS celebrates AFC professionals with ACAMS Awards

AML/AFC trends in 2025 and emerging topics for 2026

The end of the “de minimis” exemption: Strengthening U.S. trade controls

September – November 2017

Thephil Russelliah Roby, CAMS—Riverwoods, IL, USA

Where has your ACAMS Today been? Mongolia, Cancun, New York, California

Bridging the Gap Between Risk Assessment and Transaction Monitoring

The Three Building Blocks of a Centralized Compliance System

Sapin II—A first step toward a European law on corruption?

We May Never Pass This Way Again—So Fortunate to be in AML!

Emerging “Market” Trends

Attracting Compliance Talent

The “Risk-Based” Principle of AML Management

Using Data Analytics to Identify AML Risk