Special for the Web Archives

Determining Peak Productivity and Suspicious Activity

April 2, 2021April 5, 2021 /Leave a comment

The daily routine of geniuses from various fields such as science, mathematics, art and literature are showcased in Mason Currey’s book, Daily Rituals: How Artists Work. The book is a collection of anecdotes from renowned authors who in some cases rose as early as three...

Aspects of APAC, Special for the Web

Five Regulatory Compliance Trends to Impact APAC and AML in 2021

March 8, 2021March 19, 2021 /1 Comment

Unprecedented—a word that defined the world in 2020. The unprecedented COVID-19 pandemic and resulting global downstream economic impact upturned everyone’s lives in unimaginable ways, with entire countries still struggling to contain the situation. The unprecedented deadly scale of environmental disasters such as the bushfires...

Practical Solutions, Special for the Web

Next-Gen Information Sharing and Collaboration Framework Using Graphs

February 17, 2021February 17, 2021 /Leave a comment

Countries have long fought financial crime by relying on financial institutions (FIs) to identify and report suspicious transactions. This system is largely ineffective because it rarely provides useful real-time feedback—a reality that is giving way to a more collaborative approach. This challenge is starting to...

AML Policy, Europe Express, Special for the Web

CDD, GDPR and POPIA Regulations: A Compliance Quandrum

February 5, 2021February 5, 2021 /Leave a comment

According to the site Malaphor, quandrum is a word combining ‘quandary’ (dilemma) and ‘conundrum’ (a puzzle).1 When finding a workable solution between customer due diligence (CDD) requirements, the General Data Protection Regulation (GDPR) and the Protection of Personal Information Act (POPIA), compliance becomes a puzzle...

AML Challenges, Special for the Web

Could Your Local Pastor Be the Front Line to Financing Terrorism?

January 12, 2021 /Leave a comment

Terrorism requires funding for various reasons. Operatives require funding for travel arrangements, training new members, forging documents and paying bribes to facilitate attacks, among other things. However, it is worth highlighting that recruitment does not always require large amounts of funding. During “active recruitment,”1...

Europe Express, Special for the Web

The European Anti-Human Trafficking Legal and Policy Framework: The EU’s Strategy Toward the Eradication of Human Trafficking

January 8, 2021January 28, 2021 /Leave a comment

This article is the third part of a three-part series on the European Anti-Human Trafficking Legal and Policy Framework. This article focuses on the creation of the ‘EU Strategy towards the Eradication of Trafficking in Human Beings 2012-2016’ as a result of Directive 2011/36/EU. In...

Europe Express, Special for the Web

How ACAMS Boosted My Career

January 5, 2021April 6, 2021 /Leave a comment

ACAMS is more than a career booster—it is a personal experience. The days following 9/11, no matter our location, we all felt a lot of things were on the brink of change in this world. In February 2002, my boss asked me to ensure we...

Acceso LatAm, Español, Special for the Web

Un Buen Contribuyente También Puede Camuflar el Lavado de Dinero

November 23, 2020 /Leave a comment

Las organizaciones delictivas saben que para ingresar dinero ilícito a las instituciones financieras, necesitan incurrir gastos que les permitan encubrir este crimen. Es así que los grupos especializados en lavar dinero crean empresas de fachada, simulan facturaciones por operaciones inexistentes, contratan testaferros para que movilicen...

Compliance, Special for the Web

Beyond the Five Pillars: Taking a Holistic Approach to AML

October 30, 2020October 30, 2020 /Leave a comment

In an effort to improve the effectiveness and efficiency of anti-money laundering (AML) programs, the Financial Crimes Enforcement Network (FinCEN) announced in September that it was soliciting comments regarding potential regulatory amendments to the Bank Secrecy Act. This development is a welcome opportunity to improve...

Compliance, Special for the Web

Smith and Ricardo: Classical Economists and the Origins of TBML

October 23, 2020November 3, 2020 /Leave a comment

Economics has been labeled a “dismal” science for a variety of reasons, so it should not be surprising that an economist would take advantage of the current pandemic stay-at-home orders to read what some would consider dreary works: Adam Smith’s The Wealth of Nations...

ACAMS Today

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

Increasing Collaboration and Partnerships

The Proactive Blockchain Industry

Technology Will Not Save Us―Rethinking Risk Might

AMLA: The Gamechanger

Surviving and Thriving in Uncertain Times

Special for the Web