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ACAMS virtual seminar explores LE’s fight against financial crime
AFC Challenges, AFC Policy, Compliance, Exclusive, Fraud

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On June 23-24, 2025, ACAMS held its virtual Law Enforcement (LE) anti-financial crime (AFC) Seminar, featuring approximately 30 experts from various U.S. LE agencies including the Federal Bureau of Investigation (FBI), Homeland Security Investigations (HSI), the Internal Revenue Service-Criminal Investigations (IRS-CI), the United States Postal...
A new era in financial crime partnerships
AFC Challenges, Compliance, June – August 2025, Practical Solutions

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Financial crime transcends national borders, industries and financial institutions, which is why collaborative partnerships are essential to detect, deter and disrupt serious and organized crime. In the world of anti-money laundering (AML) regulation and financial intelligence, the Australian Transaction Reports and Analysis Centre (AUSTRAC), has...
AI-driven AML strategies: Compliance, risk mitigation and regulatory best practices
Compliance, June – August 2025, Regulatory Initiatives, Understanding AI

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Recent case studies, including high-profile artificial intelligence (AI)-driven fraud incidents in Hong Kong1 and India,2 highlight the growing threat of AI-enabled financial crime, particularly in the Asia-Pacific region. At the same time, some leading FIs3 are adopting AI-enhanced anti-money laundering (AML) programs, utilizing natural language...
Transforming model validation in sanctions screening
June – August 2025, Sanctions, Tech Scope, Understanding AI

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Artificial intelligence (AI) and machine learning are positively impacting sanctions screening. More organizations are benefiting from reducing false positives, improving match accuracy and, overall, making screening engines more efficient. However, what about the other side of the equation―making sure those screening engines are doing their...
Kleptocracy and sanctions: Keeping the proper focus
AFC Policy, Global Financial Crime Review, June – August 2025, Sanctions

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Kleptocracy is the misappropriation―or, to put it plainly, the stealing―of a country’s wealth and resources from its citizens by corrupt government officials. With the rise of kleptocracy, preventing and detecting sanctions evasion today has become a game of Whac-A-Mole for anti-financial crime (AFC) professionals. However,...