May - June 2021 Archives - Page 3 of 3

ACAMS Today Europe, Interviews, May - June 2021

Dan Benisty: Compliance as a Personal Ambition

May 20, 2021May 24, 2021 /Leave a comment

Dan Benisty is the director of compliance for the anti-money laundering and counter-terrorist financing (AML/CTF) program for the Northern European region at Western Union. Benisty is a co-founder and president of the ACAMS France Chapter, which he has chaired since its establishment in 2013. In...

ACAMS Connection, ACAMS Today Europe, Fraud, May - June 2021, Practical Solutions

Fraud and Fear: COVID-19 Scams

May 20, 2021July 2, 2024 /Leave a comment

In April 2020, German health authorities were baffled when they discovered that 2.4 million euros worth of medical masks disappeared. Ten million masks were apparently ordered from two legitimate companies in Zurich and Hamburg, which in turn contacted a website registered in Spain to procure...

ACAMS Today Europe, AFC Challenges, May - June 2021

Investment Funds and AML

May 20, 2021March 6, 2023 /Leave a comment

Given the increase in money laundering scandals and investigations in the banking sector, money launderers have started to funnel illicit funds through the investment fund industry, a channel proven to be susceptible to the placement, layering and/or integration phases of money laundering. Investment funds attract...

ACAMS Today Europe, May - June 2021, Practical Solutions

AML: The Risk of Investor Citizenship Schemes in Europe

May 20, 2021March 6, 2023 /Leave a comment

The investor citizenship or ‘golden passport’ scheme in Europe became a hot topic of discussion after an investigation by Al-Jazeera in August 2020. Al-Jazeera’s investigative unit published the ‘Cyprus Papers.’ These leaked documents revealed how 2,500 people—including political figures, convicted criminals and money launderers—paid for...

ACAMS Today Europe, Global Financial Crime Review, May - June 2021

The FinCEN Files and the Risk of Correspondent Banking

May 20, 2021March 6, 2023 /Leave a comment

The Financial Crimes Enforcement Network (FinCEN) Files investigation is the latest publication by the International Consortium of Investigative Journalists (ICIJ) that reveals how certain flows of funds are suspected to be connected to financial crime, money laundering, terrorist financing and/or corruption. The FinCEN Files are...

ACAMS Today Europe, Deutsch, GLOBALE ÜBERSICHT FINANZKRIMINALITÄT, May - June 2021

Die FinCEN Files und die Risiken des Korrespondenzbankges chäftes

May 20, 2021June 14, 2021 /Leave a comment

Die Recherche Financial Crimes Enforcement Network (FinCEN) Files ist die jüngste Publikation des Internationalen Konsortiums Investigativer Journalisten (ICIJ) über Geldströme, die vermutlich in Verbindung zu Finanzkriminalität, Geldwäsche, Terrorismusfinanzierung und/oder Korruption stehen. Die FinCEN Files umfassen die Daten aus 2.100 Geldwäscheverdachtsmeldungen (Suspicious Activity Report, SAR),1 die...

ACAMS Today Europe, Français, May - June 2021, REVUE DES DÉLITS FINANCIERS MONDIAUX

Sanctions : amendes de l’OFAC contre les entreprises européennes

May 20, 2021June 14, 2021 /Leave a comment

Les relations entre les États-Unis et l’Union européenne (l’UE) sont sans aucun doute amicales. Toutefois, le régime de sanctions récemment mis en œuvre par le Bureau du contrôle des avoirs étrangers (OFAC, pour Office of Foreign Assets Control) du Trésor américain a créé des frictions...

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