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

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Leveraging national security priorities for an enhanced counter-fraud response

Leveraging national security priorities for an enhanced counter-fraud response

Malaika Oringo

Malaika Oringo: Empowering and supporting human-trafficking survivors

How cartels became terrorist groups and what it means for us

How cartels became terrorist groups and what it means for us

Kathleen Ellertson and Laura Taylor

Kathleen Ellertson and Laura Taylor: The art of supporting veterans

When secrets become currency: A deep dive into insider trading

When secrets become currency: A deep dive into insider trading

Institutional vigilance and anti-bribery and corruption programs

Institutional vigilance and anti-bribery and corruption programs

AFC Challenges

AFC Challenges, Exclusive, June – August 2016

The Jurisprudence of the Right to Financial Privacy Act

May 27, 2016 /Leave a comment
When 9/11 hit, the bosses of American law enforcement understood that financial records would be key to unraveling what happened and, more ominously, stopping any follow-up attacks. Assistant Attorney General Michael Chertoff and FBI Director Robert Mueller immediately set up a special FBI unit...
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AFC Challenges, Europe, June – August 2016

Facing the Challenge of Sanctions

May 27, 2016May 27, 2016 /Leave a comment
Readers will not need reminding that the obligation of firms to conduct effective due diligence is one that is constantly evolving, not to mention growing. Recent events have also demonstrated that despite the ever-increasing regulatory environment, there has been little in the way of reduction...
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AFC Challenges, Exclusive, March – May 2016

A Cautionary Tale About the Risk-Based Approach to Compliance

March 7, 2016March 7, 2016 /Leave a comment
Editor’s note: The author, Richard Bistrong, was a former FCPA violator and FBI/U.K. cooperator. As part of his plea agreement, he spent 14-1/2 months in prison for his own FCPA violations and was released in December 2013. He now writes, speaks and consults on...
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AFC Challenges, March – May 2016

Fantasy sports or money laundering?

March 7, 2016August 18, 2017 /Leave a comment
Fantasy sports—informal fantasy games where groups of fans play against one another for fun or monetary gain over the course of a sports season—are a mainstream part of North American sports culture. The evidence is clear, think about the numerous emails exchanged by co-workers playing...
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AFC Challenges, Fraud, March – May 2016

Romancing the Scams

March 7, 2016April 26, 2024 /Leave a comment
In the late 16th century, a clever new scam was developed that targeted British citizens. Victims of this scam were led to believe that a wealthy Englishman was being held prisoner in Spain and that if they assisted with his release they would receive a...
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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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AFC Challenges, March – May 2016

Dual to the death?

March 7, 2016 /Leave a comment
What do these things have in common? Complete rotor assemblies Remotely operated vehicles Storage integrated circuits manufactured from a compound semiconductor Network analyzers with a maximum operating frequency exceeding 43.5 GHz Equipment employing “optical switching” And these? Gyro-astro compasses and other devices which derive...
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AFC Challenges, December 2015 - February 2016

Dual-Use Technology Facilitation by Import/Export Companies

December 9, 2015January 8, 2016 /Leave a comment
For Bank Secrecy Act/anti-money laundering (BSA/AML) professionals, the issue of dual-use technology is not often explored. After all, how many times has one come across such a thing? Though perhaps the real question is how often has one come across it and not been...
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AFC Challenges, December 2015 - February 2016

The Challenges of ID Verification When Accepting Clients

December 9, 2015December 9, 2015 /Leave a comment
Fraud involving identification documents, commonly known as ID fraud, affects a growing number of individuals and organizations around the world. Worse, the interconnected nature of today’s world has turned the problem into a truly global menace. Losses suffered as a result of ID fraud...
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AFC Challenges, December 2015 - February 2016

Two Cents Worth

December 9, 2015 /Leave a comment
You toss your remaining two pennies into the tip cup on the counter at the coffee shop. Although you are feeling a bit cheap with this tip you have run out of coins. You become uncomfortable and slightly confused when the server stares into...
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In Memoriam

Anna McDonald Rentschler

It is with great remorse that ACAMS Today announces the passing of longtime ACAMS supporter and anti-money laundering (AML) professional... Read more

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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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