Combat evolving financial crime threats with ACAMS. Our Global AFC Threats Report, informed by insights from 180+ jurisdictions, forecasts the top risks you need to be aware of in the coming year. Access the full report to understand the financial crime landscape – including top...

ACAMS collaborates with industry leaders to develop an Anti-Financial Crime Toolkit aiding law enforcement and VASPs in optimizing Requests for Information (RFIs). This infographic highlights the key steps. In order to get the most out of your subpoena or request for information (RFI), ACAMS has...

FinCEN's advisory highlights the alarming rise of Elder Financial Exploitation (EFE), affecting 10% of older adults annually in the US. With over $3 billion lost to fraud yearly, schemes involve theft by trusted individuals or scams. Analysts must flag suspicious activity tied to EFE, including...

As multilateral sanctions against Russia escalate amidst the Ukraine crisis, understanding the distinction between economic sanctions and AML compliance becomes crucial. This brief clarifies the practical differences and similarities, emphasizing the need for compliance professionals to educate stakeholders amidst evolving regulatory expectations. Unprecedented multilateral sanctions...

Despite advancements in regulations and technology, effectiveness in combating financial crime remains elusive. With less than 1% of laundered funds confiscated, the focus shifts to strengthening the third line - internal audit. Recent fines, like Westpac's AUD1.3bn penalty, underscore the pivotal role of auditors in...

Despite regulatory obligations, recent scandals show inadequate anti-financial crime (AFC) controls in some financial institutions. This report by Oliver Wyman and ACAMS delves into global AFC cultures, revealing progress but persistent gaps. It emphasizes integrating AFC into risk frameworks, adequate resourcing, and shifting culture to...