Posted in Financial Crime

Source of Wealth & Source of Funds by FCN

With the publication of FAQ’s from the Wolfsberg Group on Source of Wealth & Source of Funds, this important and complex area has at last…

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Posted in Financial Crime Premium

Global Threat Assessment – By John Cusack – Publicly Available Now to Read / Download

Global Threat Assessment by John Cusack Despite the limitations presented in estimating criminal activity designed to be hidden, the results in the Global Threat Assessment…

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Posted in Financial Crime

Interview with Stewart McGlynn – Leader of HKMA’s AML Division

In this Interview with the Hong Kong Monetary Authority’s Stewart McGlynn, who leads the Regulators Anti Money Laundering Team, Financial Crime News wanted to know…

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Posted in Financial Crime Premium

Securities/Markets Based Money Laundering - Premium

This is an extract from FCN’s Global Threat Assessment, coming soon, which can now be pre ordered by contacting Financial Crime News. It is also…

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Posted in Financial Crime

The KYC Registry at SWIFT – Interview with SWIFT’s Bart Claeys

Whilst utilities have been widely predicted as a future staple in the fighting financial crime ecosystem, many have tried and few succeeded in establishing platforms…

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Posted in Financial Crime

Interview with Alan Ketley on the journey leading the Wolfsberg CBDDQ

Since its inception, the Wolfsberg Group has developed frameworks and guidance for the management of financial crime risks and arguably few have had as big…

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virtual currency joining FATF club
Posted in Financial Crime

Crypto takes steps towards FATF Recommendations Compliance – by Malcolm Wright

As promised Malcolm Wright provides an update to Financial Crime News on the Crypto Industry’s response to the challenge laid down by FATF to adopt…

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fatf meeting
Posted in FATF Virtual Currency

Crypto asks for more effective AML regulation – by Malcolm Wright

In February 2019, FATF issued its proposed recommendations for AML governance of the crypto industry. Under pressure from the international community, the FATF aimed to bring…

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virtual currency joining FATF club
Posted in FATF Virtual Currency

Virtual Currency is joining the FATF club

Virtual Currencies (VC) have come a long way in the 10 years since Bitcoin first emerged, born out of the financial crises and now a…

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Posted in Financial Crime Money Laundering

Modern Organised Crime turns 100

Whilst the term “organised crime” appears to have emerged in Chicago in 1919, the phenomenon of organised criminal activity far pre-dates this and its manifestations…

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