Europe Archives - Page 4 of 9

Europe, Global Financial Crime Review, June – August 2017

White-Collar Crime: The Carousel of VAT Abuse

June 9, 2017August 14, 2017 /Leave a comment

Value-added tax (VAT) is one of the most critical sources of national revenue by the majority of European state authorities, particularly in the Central and Eastern European (CEE) region. It is basically a consumption tax calculated on the value added to goods and services. It...

AFC Challenges, Europe, Fraud, June – August 2017

Combating Cyber Fraud in Correspondent Banking

June 9, 2017April 26, 2024 /Leave a comment

Cybercrime is a major concern for banks around the world. Until recently, the focus of attacks has tended to be on banks’ customers through card and account detail compromises. But as criminals have become more sophisticated, they have raised their ambitions, and in a change...

Europe

Assessing the Manchester Bombing and Placing it in an AML Context

May 31, 2017July 20, 2017 /Leave a comment

On May 22, 2017, suicide bomber Salman Abedi detonated a sophisticated explosive device, just outside of an exit to the Manchester Arena in Manchester, England, immediately following a concert performed by Ariana Grande. Twenty two people were killed in the explosion, including seven children. At...

Europe, March – May 2017, Meet the ACAMS Staff

Samantha Sheen, CAMS: The Changing AML Landscape in Europe

March 6, 2017 /Leave a comment

Samantha Sheen is an anti-financial crime risk professional who joined ACAMS in 2016 as its anti-money laundering (AML) director for Europe. Sheen has worked in both the public and private sectors on a variety of anti-financial crime projects and activities. Sheen’s career has afforded...

Europe, European Connect, March – May 2017

2017 Transition and Transformation for Europe

March 6, 2017 /Leave a comment

Editor’s Note: European Connect is a section in the ACAMS Today magazine that will update members on ACAMS news and activities in Europe. As we move through the first months of 2017, the long-awaited ‘big day’ for the EU Fourth AML Directive has arrived,...

December 2016 – February 2017, Europe, European Connect

European Membership Growth in 2016

December 9, 2016 /Leave a comment

Editor’s Note: European Connect is a section in the ACAMS Today magazine that will update members on ACAMS news and activities in Europe. As we look forward to 2017 with the call for swift transposition of the Fourth Anti-Money Laundering Directive ringing out loud...

December 2016 – February 2017, Europe, Regulatory Initiatives

Know Your Customer: Enhanced Requirements

December 9, 2016June 3, 2024 /Leave a comment

Know your customer/customer due diligence (KYC/CDD) requirements have been the focus of regulatory revision processes both in the U.S. and the EU in 2016, leading to a changed understanding of the KYC/CDD requirements and the approaches and tools needed to meet these requirements. These...

December 2016 – February 2017, Europe, Practical Solutions

Changes to Negative News Search Results May Red Flag Efforts to Evade AML/CTF Detection

December 9, 2016December 9, 2016 /Leave a comment

Europe, In Focus

European Financial Regulation Experts Visit New York for LabEx Conference

September 30, 2016November 11, 2016 /Leave a comment

A group of more than 20 European experts on financial regulation, including high-level academics, regulators, supervisors, lawyers and executives involved in the financial industry, visited New York for a special conference. This event allowed them to become more familiar with the U.S. financial regulation system,...

Europe, To the Rescue

ACAMS Supports Take Five Campaign

September 23, 2016September 22, 2016 /Leave a comment

This week, the ACAMS office in London is supporting the launch of a major new campaign designed to tackle financial fraud. The “Take Five” Campaign is the first national campaign to be backed by all the major banks and other financial service providers across the...

ACAMS Today

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

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

Enhancing AML strategies through collaboration: The case of section 314(b)