Global Financial Crime Review Archives - Page 13 of 18

Dealing with De-Risking: A Tale of Tenacity and Creativity

June 23, 2016 /Leave a comment

In 2014, money transfer operators sending funds to Somalia were coming under increasing pressure. Western financial institutions, concerned about money possibly ending up in the hands of terrorists or persons on sanctions lists, decided the risk was too high and started pulling out. Although one...

Career Guidance, Europe, In Focus

So you just became the new money laundering officer? Five Ways to Help You Get Started

June 17, 2016August 11, 2016 /Leave a comment

Congratulations! You have just become part of what is perhaps the fastest growing and hottest profession in the world! Money laundering compliance officers (MLCOs) are highly sought-after professionals and quite scarce. I am certain you are already overwhelmed with both the challenges and the prospects...

Cyprus Chapter, Europe, Germany Chapter, Know Your Chapter

The First Group of Members Attended the CAMS Live Prep Course in Cyprus

May 27, 2016June 1, 2016 /Leave a comment

ACAMS, the leading global professional membership organization for anti-money laundering (AML) compliance professionals, has formed a local training partnership with the European Institute for Management and Finance (EIMF) to support Cypriot AML compliance professionals preparing for the Certified Anti-Money Laundering Specialist (CAMS) certification. CAMS is...

Europe, European Connect, June – August 2016

The Latest in Europe

May 27, 2016October 4, 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. The month of May had many exciting events in Europe. The month started off with the launch of the ACAMS Nordics...

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...

Europe, In Focus, To the Rescue

New App Will Enfranchise Individuals Around the World to Report Trafficking

May 24, 2016 /Leave a comment

Last month, a new app called “The STOP App” launched in central London. The STOP App is set to revolutionize how people report human trafficking. The app was launched by the charity STOP THE TRAFFIK and it is the first of its kind in combining...

Compliance, Europe

The Panama Papers: What a Story!

April 6, 2016May 10, 2016 /Leave a comment

Forty years’ worth of records leaked to The International Consortium of Investigative Journalists (ICIJ) involving 11.5 million documents pertaining to the creation of over 214,000 offshore shell companies by the fourth largest offshore law firm in the world, Mossack Fonseca, a Panamanian law firm with...

Europe, Exclusive

‘Panama Papers’ Leak to Spur Governmental Inquiries

April 5, 2016May 10, 2016 /Leave a comment

Europe, In Focus

Lessons Learned from the Paris and Brussels Terrorist Attacks

March 29, 2016March 31, 2016 /Leave a comment

On March 22, 2016, Brussels was rocked by two devastating terrorist bombings. In the first, two suicide bombers detonated powerful explosives at the Brussels airport and in the second, a third terrorist detonated a suicide bomb on a metro train at the Molenbeek subway station....

Europe, Know Your Chapter, Luxembourg Chapter

Celebrating Eight Years of CAMS AML Training in Luxembourg

March 10, 2016May 10, 2016 /Leave a comment

On October 19, 2015, ACAMS celebrated the eighth year of its three-way training partnership with key Luxembourg financial training institutions, the Financial Technology Transfer Agency (ATTF) and the Institute for Training in Banking, Luxembourg (IFBL)—now called House of Training. Together, these three organizations have been...

ACAMS Today

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

How imposter fraud has evolved with AI tools

Why you should make your boss’ life easier

FinCEN’s mandate for AML/BSA programs: Risk intelligence platforms

Closing the agility gap: Why compliance cannot keep up in the “launderverse”

The effects of recent enforcement actions and FinCEN’s real estate regulations

Virtual IBANs under scrutiny: Closing Europe’s digital banking loophole

Global Financial Crime Review