The Equifax data breach of mid 2017 is one of the worst known data breaches—so far. Data breaches get a lot of attention lately and perhaps eventually countries will take the issue seriously enough to start addressing them effectively and comprehensively. It should be considered...

Personal liability—these two words took the compliance profession by storm after former U.S. Deputy Attorney General Sally Yates issued the so-called “Yates Memo” titled Individual Accountability for Corporate Wrongdoing1 in September 2015. Issued in response to criticism that individuals were not being held accountable...

“As financial crime challenges such as cybersecurity, AML management and sanctions compliance in a near real-time payments environment continue to evolve, correspondent banks are adapting their models and identifying smarter ways to grow their relationship networks efficiently and securely,” writes SWIFT’s Tony Wicks. "Correspondent...