December 2020 - February 2021 Archives - Page 3 of 3

December 2020 - February 2021, From the Director of Editorial Content

Worst of Times?

December 22, 2020December 23, 2020 /Leave a comment

By any measure, this has been a year that has tested us all, as several articles in this December 2020-February 2021 issue of ACAMS Today make clear. More than 1.5 million people worldwide have died because of COVID-19, a death toll that continues to rise....

ACAMS Awards, December 2020 - February 2021

2020 Visions

December 22, 2020March 9, 2021 /Leave a comment

As a result of the COVID-19 pandemic, 2020 was marked by many quarantining at home worldwide to combat the spread of the virus. Much of the anti-money laundering (AML) field had to adapt to an almost entirely digital environment―including ACAMS. Following the success of ACAMS24+,...

ACAMS Connection, Compliance, December 2020 - February 2021

Project Shadow: AML Investigations Into Online Child Sexual Exploitation

December 22, 2020February 2, 2023 /Leave a comment

Project Shadow is a public-private partnership designed to combat online child sexual exploitation in all its forms by enhancing methods to detect, report and disrupt associated financial transactions suspected of being connected to money laundering in any and all of its stages (placement, layering and...

Aspects of APAC, December 2020 - February 2021

Ghost in the Machine

December 22, 2020March 15, 2021 /Leave a comment

Some, perhaps many readers of a certain age in the 1980s, will note that I lifted this article’s title from The Police’s fourth album.1 While the homage to this music group might appear opaque and misplaced in an anti-money laundering (AML) article, try reconciling...

ACAMS Connection, All Editions, December 2020 - February 2021, Global Financial Crime Review

Hindsight for the U.S. in 2020

December 22, 2020February 11, 2021 /1 Comment

Not only will 2020 go down as one of the most difficult years in world history due to the COVID-19 pandemic, but the approach to anti-financial crime (AFC) was also fundamentally altered. COVID-19 created new and increased opportunities for criminals to engage in money...

AFC Challenges, December 2020 - February 2021

Lessons in Regulation for the Art Industry

December 21, 2020March 15, 2021 /Leave a comment

On July 29, Sotheby’s held the first-ever global art auction livestreamed on the internet. It was a resounding success, highlighted by the sale of a Francis Bacon triptych for $84.6 million.1 Given the massive scale of online commerce, as well as the shutdowns precipitated...

ACAMS Connection, December 2020 - February 2021, Staff Notes

AML in Asia Pacific: 2020 in Review

December 15, 2020December 22, 2020 /Leave a comment

2020 will be remembered as the year the world changed abruptly. In late January, just after the Chinese New Year, the coronavirus pandemic erupted and spread worldwide. Criminals quickly took advantage of the situation by hoarding masks, sanitizers and other consumer products used to fight...