As the ever-present threat of money laundering, fraud, and financial crime continues to cast a dark shadow over entire financial systems, compliance and AML professionals continue to play a pivotal role in the war against financial crime. Did you know … Read More
AML
3 AML compliance priorities for 2024
In 2023, professionals dealing with financial crime and AML compliance were busy handling geopolitical unrest, economic fluctuations, and evolving criminal tactics. In 2024, experts expect more regulatory changes, increased use of technology, and new methods to fight financial crime. As … Read More
What can AML professionals learn from Inventing Anna?
Inventing Anna, the 2022 Netflix series, takes viewers on a rollercoaster ride through the world of financial fraud and deception. While the show is undoubtedly entertaining, it also serves as a rich source of insights for Anti-Money Laundering (AML) compliance professionals. … Read More
How RegTech enhances AML search efficiency
In the ever-evolving landscape of financial regulations, Anti-Money Laundering (AML) compliance stands as a critical pillar for financial institutions worldwide. As the volume and complexity of financial transactions continue to grow, so does the need for efficient and effective AML … Read More
Behind the schemes: Inside the mind of a fraudster
In this article, we peel back the layers of deception and take a look at what makes fraudsters tick. With real-life case studies from an ex-fraudster, we take a look at the motives, strategies and evolving methodologies used by fraudsters. … Read More
What are the most common types of fraud?
In this article, we take a look at what fraud is, the most common types, and share some insight from an ex-fraudster into their motivations. … Read More
Year in review: The biggest financial crime cases and AML fines of 2023
In 2023, significant financial crimes dominated headlines, with Binance, William Hill, and Deutsche Bank facing record fines for AML violations, highlighting the growing need for stringent regulations and improved compliance measures. … Read More
Essential AML requirements for regulated firms in the UK
With the evolving landscape of financial crimes, compliance professionals play a pivotal role in ensuring that their organisations adhere to essential AML requirements detailed in legislation such as The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR 2017). … Read More
Looking ahead to 2024 in AML compliance
AML compliance in 2024 will emphasise AI, stricter enforcement, cybersecurity, enhanced CDD, and adapting to blockchain challenges, balancing innovation with robust regulatory adherence. … Read More
Year in review: our most popular compliance articles from 2023
A deep-dive into our archive to see which topics the compliance profession found the most valuable in the last 12 months. … Read More