Issues Archives - Page 113 of 116

Europe, Global Financial Crime Review, September – November 2012

Enhanced Due Diligence is a Must to Mitigate AML Exposure in Turkey

September 13, 2012September 9, 2015 /Leave a comment

The laundering of funds generated from the sale of drugs continues to be a major threat, not least due to the frequent nexus between drug cartels and terrorist organizations. The recent money laundering investigation into HSBC’s Mexican operations 1 is a case in point and...

Aspects of APAC, September – November 2012

How Banking Institutions in Japan Should React to the FATCA Account Identification Regulations

September 13, 2012March 6, 2015 /Leave a comment

Industry organizations in each country submitted comment letters toward the proposed regulations on U.S. Foreign Account Tax Compliance Act (FATCA), which was released on February 8, 2012. The comments seem to indicate that financial institutions are hesitant to commence their action for FATCA given the...

Practical Solutions, September – November 2012

Changing the Identity Management Paradigm

September 13, 2012March 6, 2015 /Leave a comment

As anti-money laundering (AML) and financial crimes compliance professionals, we are focused on preventing money laundering, terrorism financing, fraud, waste and abuse. While conducting our work, we have to recognize the vulnerabilities in our current thinking about identity verification and authentication across the entire financial...

Practical Solutions, September – November 2012

A Tell by any Other Name—What a Poker Player can Teach You About Recognizing Suspicious Activity

September 13, 2012January 14, 2020 /Leave a comment

Gambling is inherently a risky business and one where the odds of success run from slim to practically none. Yet the game of poker injects both a skill element born of study and experience and the element of psychology that can significantly mitigate the risks...

From the Editor, September – November 2012

Shakespeare—From the Editor

September 13, 2012March 6, 2015 /Leave a comment

"All the world's a stage and all the men and women merely players." Words written in England circa 1600 still resonate today. Each person plays many roles in their life. They are professionals, students, mothers, fathers, siblings, criminals and heroes. Shakespeare understood people and the...

Member Spotlight, September – November 2012

Chris Cuzzucoli, CAMS—San Francisco, CA, USA

September 13, 2012March 6, 2015 /Leave a comment

Chris Cuzzucoli joined Schwab in March 2010 as the AML/OFAC officer for Charles Schwab & Co., Inc., and was later appointed to the same position for Charles Schwab Bank and Charles Schwab Global Services, a money services business. He is also the officer responsible for...

Expert Interviews, Expert Spotlight, September – November 2012

Dr. Christoph Stuckelberger: The Benchmarks of Behavior

September 13, 2012March 6, 2015 /Leave a comment

ACAMS Today had the opportunity to chat with Dr. Christoph Stückelberger, executive director and founder of Globethics.net Foundation in Geneva, Switzerland. Stückelberger is also the professor of Ethics at the University of Basel, Switzerland and has a Ph.D. in theological ethics (peace ethics) and habilitation...

Meet the ACAMS Staff, September – November 2012

Michael Vasquez: Operations Department

September 13, 2012March 13, 2015 /Leave a comment

Michael Vasquez serves as the operations director for ACAMS. He has been with the organization for over two years and oversees the customer service, IT and fulfillment departments. Prior to joining ACAMS, Vasquez served as a business consultant and provided operational, financial and vendor contracting...

Global Financial Crime Review, September – November 2012

The AML/CFT Enforcement Regime in South Africa

September 13, 2012March 6, 2015 /Leave a comment

The Financial Intelligence Centre (the FIC) is South Africa's Financial Intelligence Unit (FIU) mandated to establish an anti-money laundering and counter terror-financing regulation regime in terms of the Financial Intelligence Centre Act No. 38 of 2001, (the FIC Act), as amended. Various compliance obligations have...

Practical Solutions, September – November 2012

Revving the Innovation Engine: Software as a Service for AML and Compliance

September 13, 2012March 6, 2015 /Leave a comment

Following much criticism from federal examiners in 2010–2011, financial institutions have had to develop more effective Bank Secrecy Act and anti-money laundering (AML) compliance programs to address heightened regulation and enforcement. Meeting this challenge involves implementing business process improvements, recruiting additional staff and adopting enterprise-wide...

ACAMS Today

The Magazine for Career-minded Professionals in the Anti-Money Laundering Field

Russia’s Hope of Ice Hockey Glory Buried Under Sanctions

Trade Finance Risk and Controls

Is It “Groundhog Day” for Digital Assets?

The Rise of Real Estate Money Laundering

Choppy Waters: Negotiating the Complexities of Sanctions Due Diligence in an Uncertain World

The BSA Tractor

Issues

Enhanced Due Diligence is a Must to Mitigate AML Exposure in Turkey

How Banking Institutions in Japan Should React to the FATCA Account Identification Regulations

Changing the Identity Management Paradigm

A Tell by any Other Name—What a Poker Player can Teach You About Recognizing Suspicious Activity

Shakespeare—From the Editor

Chris Cuzzucoli, CAMS—San Francisco, CA, USA

Dr. Christoph Stuckelberger: The Benchmarks of Behavior

Michael Vasquez: Operations Department

The AML/CFT Enforcement Regime in South Africa

Revving the Innovation Engine: Software as a Service for AML and Compliance