Chinese Labs and Mexican Cartels: Fueling the Opioid Crisis?
Fentanyl appears to have become the drug of choice in the ongoingthe global opioid crisis and its effects have been devastating on the youth of theworld, but more specifically the…
FinCEN’s New AML Priorities: What You Need To Know
On June 30th, 2021, the United States Department of the Treasury’sOffice of Financial Crimes Enforcement Network (FinCEN) issued its firstever set of national policy priorities for anti-money laundering andcountering the…
American dollar bill shaped into triangle outline
Blockchain Integration: A Disruptive Force Against Money Laundering
Anti-money laundering has been a rapidly expanding area of thefinancial industry for the better part of the last two decades. The WorldBank estimates that the volume of money laundering is…
Justice scales inside courtroom anti money laundering case
FinCEN Beefing Up for Defense Act Implementation
The United States Treasury is attempting to overhaul anti-money regulations via the implementation of sweeping reforms, while also seeking to reduce the burden placed on American financial institutions in the…
Regulating Non-Fungible Tokens: A Work in Progress
The rise of cryptocurrencies has left regulators and legislators alikestruggling to hone in what is largely an unregulated international marketthat many believe can be a major contributor to anti-money laundering…
Cayman Islands, Others in Hot Water following FATF ‘Grey List’ Update
The Financial Action Task Force (FATF), the premier intergovernmental policymaking body setting international standards to prevent the proliferation of money laundering and terrorism financing, recently released its updated “grey list”…
COVID Restrictions Give Rise To Romance Fraud Schemes
As we close in on the one-year anniversary of the formal declaration of the COVID-19 pandemic as a national emergency in the United States, it is impossible to deny the…
ACAMS Survey: Government Must Do More to Propel AML Fight
The Association of Certified Anti-Money Laundering Specialists (ACAMS) has released the results of a study surveying a total of 340 financial and compliance professionals, as well as financial crime experts…
Justice scales inside courtroom anti money laundering case
After Valiant Crusade, Brazil’s Anti-Corruption ”Car Wash” Unit Shut Down
After seven years of service and the uncovering of one of the largest corruption and money laundering scandals in world history, Brazil’s lauded “Car Wash” anti-corruption unit was officially disbanded…
Social Media Monitoring and Compliance for the Modern Financial Institution
In today’s ever-evolving, increasingly interconnected world, social media has become arguably the primary means through which information is transferred and communicated both to and amongst the masses on a daily…