The idiom a chain is only as strong as its weakest link  is a common one. In short, the strength of a chain is limited by a single link that might weaken the chain’s integrity. Weaknesses can be caused by cracks, corrosion or a lack...

An article published in the ACAMS Today September-November 2021 issue titled “Casinos and the Why of Money Laundering” introduced the money laundering goal methodology (MLGM) as an intuitive means to understand casino money laundering. The MLGM postulates that criminals engage in money laundering with the...

Insurance companies’ money laundering and terrorist financing risks are often overshadowed by risks of fraud and sanctions violations, which are commonly perceived to be the highest financial crime risks to insurers.1 However, data paints a different picture. In Table 1, the Financial Crimes Enforcement Network’s...