During the keynote address at the 2019 ACAMS Annual International AML & Financial Crime Conference―Caribbean, the executive director of the Caribbean Financial Action Task Force (CFATF) spoke about the challenges her staff faced when using credit cards to book a hotel while on work-related travel...

This article is the second part of a three-part series on the European Anti-Human Trafficking Legal and Policy Framework. This article provides an overview of the extensive legal and policy instruments as well as the strategic documents and resources that address human trafficking at the...

This article is the first part of a three-part series on the European Anti-Human Trafficking Legal and Policy Framework. This article provides an overview of the European anti-human trafficking legal and policy framework by focusing on the Council of Europe and the EU. In addition,...

When two federal agents visited Florin Krasniqi at his roofing company office in early 1998, they found the type of figure that haunts anti-financial crime professionals. The 33-year-old Krasniqi, with thick black hair and smiling eyes, was on the surface nothing more than an...

Rumblings at industry roundtables indicate that financial regulators are setting their sights on technology; they are implementing new technology and expect those that they regulate do the same. With the ongoing raft of regulatory messages, guidance, rules and regulation, it can often be hard to...

Nowadays, the compliance function is gaining relevance not only within the traditional financial sector, such as financial institutions, asset managers, corporate and trust service providers, but also from non-traditional sectors such as virtual assets service providers, real estate agents, luxury companies, export/import logistics, among...

The Financial Action Task Force (FATF) sets an important standard for governments and financial institutions (FIs) across the globe. The FATF Recommendations and reports set the global bar for effective measures to counter money laundering and terrorist financing along with any other perceived threats...

The Fifth Anti-Money Laundering Directive (5AMLD) published the 19 of June 2018 offered amendments to the Fourth Anti-Money Laundering Directive (4AMLD) from 2015. This update was passed to devise a better action plan against money laundering and terrorist financing. Among other changes, the new...