Posted in Financial Crime

Reaching the Unreachable by Helena Wood (RUSI)

Attacking the Assets of Serious and Organised Criminality in the UK in the Absence of a Conviction by Helena Wood – published by RUSI The…

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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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Posted in Financial Crime Money Laundering

EU & Americas News by Vincent Heintz

As major changes to AML/CTF are being considered and discussed, developments on both sides of the North Atlantic are of particular note, of which the…

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Posted in Financial Crime

Spotlight on FinTech & RegTech by Markus Schulz

Some people have argued that the next frontier in the fight against financial crime is using new technology to detect money laundering. New technology could…

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Posted in Financial Crime

Modernising the Fight Against Financial Crime – Part 1

A Two way street: Information Sharing Criminals do not respect borders. They take advantage of globalisation to transfer their illicitly earned money between countries using…

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Posted in Financial Crime

Modernising the Fight against financial Crime – Part 2

In search of a Model to Measure Effectiveness This paper sets out what effectiveness could mean in terms of a Bank’s response to fighting financial…

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Posted in Financial Crime Money Laundering

Future of Financial Information Sharing (FFIS)

In late 2017, the FFIS programme published the first international comparative study of public-private financial information-sharing partnerships and their impact in tackling economic crime, drawing…

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Posted in FATF Financial Crime Money Laundering

FATF – Country Evaluation Results – Part 1

 &With results on more than 70 Countries published and updated relating to technical compliance with the FATF 40 Recommendations as well as on effectiveness based…

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Posted in Financial Crime Money Laundering

Nine US Bank Trade Bodies submit comment letter on US AML Reform

With US money-laundering laws, dating back to the 1970s, some appear out of date, which according to Senator Elizabeth Warren, “makes it hard for law…

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Posted in Financial Crime Money Laundering Sanctions

FinCEN Director Speaks at SIFMA AML Conference

FinCEN Director, Ken Blanca’s presented remarks to the SIFMA AML conference in Feb 2019, were of particular interest in that they focussed on regulatory reform…

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