World Digest

Combating Financial Crime: Collaborative Efforts in the U.K. and Europe
AFC Challenges, Practical Solutions, World Digest

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Within the European Union (EU), legislative developments such as Article 75 of the EU regulations play a pivotal role in fostering a secure and cooperative environment for information exchange among law enforcement authorities of member states. This regulation mandates the establishment of designated single points...
Rise in Check Fraud: Navigating Social Media Financial Trends
Fraud, Fraud Alert, World Digest

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The banking industry faces an unprecedented challenge in 2024: protecting both its youngest professionals as well as its youngest clients from the deluge of questionable financial ā€œadviceā€ flooding social media. JPMorgan Chaseā€™s recent lawsuits against customers who exploited a viral ATM ā€œhackā€ highlight a disturbing...
Anti-Social Forces in Japan: Name screening and Monitoring
AFC Challenges, Aspects of APAC, Global Financial Crime Review, World Digest

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Editorā€™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...