Global Financial Crime Review

Financial Investigations and Confiscation in Fighting Crime
AFC Challenges, Europe Express, Featured Column, Global Financial Crime Review

/Leave a comment
Rapid technological development, digital society, mass globalization, migration and political turbulence are confronting the fight against crime with new challenges. Despite small fluctuations depending on geographical area and crime types, traditional methods seem ineffective. Crime is increasing, becoming more transnational and organized. In addition, criminals...
Offshore Trust Structures and Feeder Fund Mechanisms
AFC Challenges, Compliance, Global Financial Crime Review, In Focus

/Leave a comment
Offshore trusts and feeder funds remain highly effective instruments utilized by illicit actors aiming to introduce compromised funds into the U.S. financial system. While standard compliance frameworks commonly address clear-cut transactions and overt indicators, the intricate connections between privacy-focused jurisdictions, complex trust formations and intermediary...
Due Diligence and Preventing the Illicit Use of the Financial System
ACAMS Connection, AFC Challenges, Exclusive, Global Financial Crime Review, Regulatory Initiatives

/Leave a comment
The U.S. is one of the leading, most stable and secure economies in the world. As a result, huge numbers of entities want to place their money in U.S. financial institutions (FIs). This includes legitimate individuals and businesses, but it also includes money launderers, fraudsters,...
Anti-Social Forces in Japan: Name screening and Monitoring
AFC Challenges, Aspects of APAC, Global Financial Crime Review, World Digest

/Leave a comment
Editor’s note: This is the second part of the "Anti-Social Forces in Japan: Financial Crime Implications" article published in the ACAMS Today June-August 2024 issue. While the boryokudan and junboryokudan members deserve much attention for their activities in the financial crime scene, especially for money...