Pandora Papers Leak Shakes Up The Global Financial Sector
Pandora’s box was recently opened when a major leak of the personal financial information of many of the world’s most rich and powerful individuals resulted in 6.4 million documents, nearly…
AI Regulation Coming to Form in America and Abroad
As we enter a peak historical period of technological advancement across the globe, the adoption of artificial intelligence (AI) by the financial services industry is already in full swing. The…
Used Cars: The Perfect Vehicle for Money Laundering?
The global used-car market has reached an unprecedented high since the onset of the COVID pandemic. With mass shortages in semiconductor chip availability and auto factories struggling to restart their…
Justice scales inside courtroom anti money laundering case
With AML Fines On The Rise, Here Are The Latest Victims
AML-related fines are increasing around the world, placing pressure on a growing number of countries to move to bring their anti-money laundering standards to more respectable levels. Several notable fines…
U.S. Commences Crackdown on Ransomware through Crypto
For several months, the United States Treasury Department has been working on ways to respond to and ultimately disrupt the growing misuse of cryptocurrency as a tool to facilitate ransomware…
Afghan Financial Intel Unit Taken Offline by Taliban; What’s Next?
The poorly planned and executed departure of the United States military presence from Afghanistan under the Biden administration has at least in part contributed to the Middle Eastern country’s descent…
With AML Compliance Deadline in Rearview, Art World Adapts to New Norm
Drastic regulatory changes have come about in recent months that have sent the art industry into a frenzy, with many European art market participants (AMP’s) scrambling to comply with the…
Enhanced Crypto Regulations On the Horizon in U.S.?
The Biden administration is reportedly weighing its options with respect to a potential crackdown on the booming cryptocurrency industry. Earlier this week, government officials met with the Biden administration to…
Synthetic Identity Theft: A Billion-Dollar Business for Fraudsters
As the heavy societal reliance on web-based technologies and processes utilized to facilitate every-day life continues to grow, there has been a nearly symmetrical rise in the prevalence of cybercrime…
Corporate Sustainability: New Responsibilities for Compliance Officers?
Since the early origins of major domestic and international corporations, the goal has remained steadfast in maximizing efficiency and subsequent profits, with these priorities far outweighing the social responsibilities that…