AFC Policy Archives - Page 4 of 6

ACAMS Connection, AFC Policy, AML Policy, Badge Bulletin, Exclusive, Featured Column, Fraud

FinCEN’s Fraud Policies

April 27, 2023April 26, 2024 /Leave a comment

The article titled “FinCEN’s AML and Terrorist Financing Priorities: An Introduction,”1 featured in the ACAMS Today 12th Law Enforcement Edition, shared general thoughts, basic definitions, and practical examples on each of the national anti-money laundering (AML) priorities. This article, the sixth of the series, will...

AFC Policy, Badge Bulletin, Featured Column, March – May 2023

FinCEN’s Terrorist Financing Policies

March 10, 2023July 26, 2023 /Leave a comment

The article titled “FinCEN’s AML and Terrorist Financing Priorities: An Introduction,”1 featured in the ACAMS Today 12th Law Enforcement Edition, shared general thoughts, basic definitions and practical examples on each of the national anti-money laundering (AML) priorities. This article, the fifth of the series, will...

AFC Policy, Badge Bulletin, Featured Column, Human Trafficking Awareness Month, In Focus

FinCEN’s Human Trafficking and Human Smuggling Priorities

January 27, 2023January 10, 2025 /Leave a comment

The article titled “FinCEN’s AML and Terrorist Financing Priorities: An Introduction,” featured in the ACAMS Today 12th Law Enforcement Edition, shared general thoughts, basic definitions, and practical examples on each of the national anti-money laundering (AML) priorities. This article, the third of the series, will...

AFC Policy, Badge Bulletin, December 2022 – February 2023, Featured Column

FinCEN’s Rule on a Federal Beneficial Ownership Database: What it Means for AML

December 12, 2022July 26, 2023 /Leave a comment

The Financial Crimes Enforcement Network (FinCEN) is making progress. In October 2022, FinCEN issued its final rule establishing a nationwide beneficial ownership reporting requirement pursuant to the Corporate Transparency Act. The rule requires most corporations, limited liability companies (LLCs) and others that do business in...

ACAMS Connection, AFC Policy, September - November 2022

Contextual Risk and Its Impact on AML and Sanctions Programs

September 22, 2022October 25, 2022 /Leave a comment

The term “contextual risk” is quickly becoming a buzzword in our industry as technology advancements and data expansion continues. And while those items are important for efficiency when it comes to developing a contextual risk baseline for customers, it is important in this process not...

ACAMS Connection, AFC Policy, Badge Bulletin, Featured Column, September - November 2022

FinCEN’s Corruption Prevention and Mitigation Policies

September 22, 2022May 15, 2024 /Leave a comment

The article “FinCEN’s AML and Terrorist Financing Priorities: An Introduction,”1 featured in the ACAMS Today 12th Law Enforcement edition, shared general thoughts, basic definitions and practical examples on each of the national anti-money laundering (AML) priorities. This article, the second of the series, will discuss...

ACAMS Connection, AFC Policy, Badge Bulletin, Featured Column, June - August 2022

FinCEN’s AML and Terrorist Financing Priorities: An Introduction

August 1, 2022July 26, 2023 /Leave a comment

In 2021, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued its first set of anti-money laundering (AML) and terrorist financing priorities. In 2021, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued its first set of anti-money laundering...

AFC Policy, Exclusive

Investment Funds and the U.S. Corporate Transparency Act

September 23, 2021 /Leave a comment

As mentioned in the “Investment Funds and AML” article published in the ACAMS Today Europe May-June 2021 edition,1 investment funds in the U.S. are not subject to the same requirements as financial institutions (FIs) in terms of ownership disclosure like they are in the...

AFC Policy, World Digest

Sanctions Busting—The Reaction to Sanctions Imposed by Regulators

June 30, 2021October 15, 2021 /Leave a comment

There have been many articles and papers published on sanctions that have covered why sanctions exist, the aim of sanctions, the various sanctions regimes of different bodies and countries, how to implement sanctions controls, how to perform efficient screening, the results of failing to perform...

AFC Policy, June - August 2021

Letters to FinCEN: Bank Comments on Proposed AML Standards

June 25, 2021June 25, 2021 /Leave a comment

Last September, the Financial Crimes Enforcement Network (FinCEN) requested comments on a proposed regulation in an advanced notice of proposed rulemaking (ANPRM) that would—for the first time—create efficacy standards for anti-money laundering (AML) programs. U.S. regulators have long developed and reinforced the importance of...

ACAMS Today

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

Advice from a veteran and AFC professional

IA para gestionar el riesgo emergente en instituciones financieras

PEPs and nonprofits: A two-way anti-corruption system

Samuel Cousins: The importance of the Global Threats Report Survey

AFC career hot zones: Crypto, fintech and BaaS

Effective management of financial crime investigations

AFC Policy