Dear Mr. Je-Yoon Shin: On behalf of the Association of Certified Anti-Money Laundering Specialists (ACAMS), please accept our sincere congratulations on your recent appointment as the incoming president of the Financial Action Task Force (FATF). ACAMS is the largest international membership organization dedicated to enhancing...

As large-scale casinos come closer to reality in New York and Massachusetts, licensees and state gaming commissions need to understand and address the federal government’s expectations regarding financial crime compliance programs. “What happens in Vegas, stays in Vegas” may still apply to bachelor parties,...

Someone's knockin' at the door Somebody's ringin' the bell Do me a favor, open the door and let 'em in* At the beginning of each year, major newspapers and magazines do an “In and Out” list. Such lists, partly serious, but mostly tongue in...

On September 10, 2014, approximately 1,000 law enforcement agents from the FBI, IRS-CI, DEA, and HSI stormed the streets of the Los Angeles Fashion District and executed search warrants on reportedly 70 locations searching for evidence of money laundering crimes. This historic effort led...