5 min read
Understanding Beneficial Ownership: A Constant Challenge
Marcin Tobola is a Senior Analyst II at AML RightSource.
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3 min read
Part 4: Leveraging AI for Compliance
Rachel Dettmer: December 13, 2023
Artificial Intelligence (AI), once perceived as a distant future phenomenon, has firmly planted its roots in various sectors, revolutionizing their...
2 min read
The Increasing Importance of Regulatory Technology (RegTech) Companies
Sudhanshu Ranjan is an Associate Analyst II at AML RightSource. We encourage our team members to share their insights and expertise by contributing...
14 min read
US - Russia Sanctions: Opportunities to Strengthen and Deter the Continued Russian War in Ukraine
I had the pleasure of teaching a class this summer on money laundering, terrorism, and corruption for the GMU Schar School of Policy and Government....
13 min read
Human Trafficking and What it Means for Ukraine
I had the pleasure of teaching a class this summer on money laundering, terrorism, and corruption for the GMU Schar School of Policy and Government....
1 min read
Are you ready for your DFS Part 504 Annual Certification?
Rachel Dettmer: November 07, 2023
What Is NY DFS Rule 504?
All DFS Bank and Nonbank licensed, regulated institutions pursuant to the Banking Law who conduct banking operations in New...
4 min read
Part 3: The Role of Large Language Models in Modern AML
Rachel Dettmer: November 01, 2023
In the intricate landscape of contemporary financial systems, banks and financial service providers must dynamically adapt to mitigate risks and...
3 min read
Part 2: Can we trust AI?
Rachel Dettmer: October 18, 2023
In our latest podcast, Leandro Loss, Principal Data Scientist, and Kevin Lee, Director, Financial Crime Technology, delve into the trustworthiness of...
3 min read
Part 1: Demystifying Artificial Intelligence
Rachel Dettmer: October 05, 2023
Are you intrigued by Artificial Intelligence (AI) but find it confusing or intimidating?
3 min read
FinCEN on “Pig Butchering”
Elliot Berman: September 20, 2023
The Financial Crimes Enforcement Network (FinCEN) has issued an Alert, FIN-2023-Alert005, on the virtual currency investment scam known as “pig...
17 min read
Crime & Corruption on the Cold Seas
Evaluating Norway’s Readiness in Risk Management Relating to Russia’s Northern Sea Route
4 min read
Efficient and Effective Financial Crime Compliance: Meet Tech-Enabled Managed Services
Rachel Dettmer: September 12, 2023
For banks and financial institutions, financial crime compliance isn’t just a goal – it’s a necessity.
2 min read
Payroll Tax Evasion and Workers’ Compensation Fraud – What to Watch For
Elliot Berman: August 23, 2023
Payroll tax evasion and workers’ compensation fraud are multi-million-dollar problems in the US construction sector. Especially as many of these...
5 min read
We spoke to our experts; here are nine best practices to implement a compliance system successfully
Rachel Dettmer: August 08, 2023
A compliance department's function is integral for safe business and legally mandated. As such, any legacy system change, even if necessary, is met...
3 min read
Terrorism in the EU
Elliot Berman: July 25, 2023
Terrorism and extremism are continuing global threats. Europol assists member states in the European Union (EU) with their anti-terrorism and...
3 min read
AFC Summit Recap with FinTech Expert Kevin Lee
Rachel Dettmer: July 10, 2023
I recently had the pleasure of attending the European Anti-Financial Crime Summit in Dublin, hosted by AML Intelligence, alongside 400 delegates from...
2 min read
New Guidance on Third-Party Risk Management for US Banks
Elliot Berman: June 27, 2023
The federal banking regulators have issued interagency guidance on managing the risks of working with third parties. The new guidance finalizes the...
2 min read
Improving Efficiency and Your Financial Crimes Program
Elliot Berman: June 08, 2023
Are you responsible for a financial crime compliance program? If so, one of the things that keeps you up at night is how to improve the efficiency of...
2 min read
The Long Journey to Ownership Transparency
Elliot Berman: June 06, 2023
Money launderers and criminals have used opaque corporate structures to hide and move ill-gotten gains for years. Such structures are also a haven...
2 min read
Winning the Compliance Battle: The Role of Managed Services in Modern Business
Rachel Dettmer: May 12, 2023
To remain competitive and successful in today's rapidly changing financial marketplace, banks and financial service providers need to be able to...
3 min read
Compliance Solutions: Why Usability Matters
Rachel Dettmer: May 03, 2023
In the world of compliance, a user-friendly and efficient solution can make the difference between staying ahead or falling behind regulatory...
2 min read
The Uyghur Forced Labor Prevention Act: Securing Your Supply Chain
Rachel Dettmer: April 21, 2023
In June 2022, the requirements of the Uyghur Forced Labor Prevention Act (UFLPA) in the United States went into effect.
3 min read
Five Compliance Tips for Mid-Size Banks
Rachel Dettmer: April 06, 2023
Are you an AML compliance professional working for a mid-size bank? If so, you're in the right place.
5 min read
2023 Financial Crime Market Outlook: Asia-Pacific
Rachel Dettmer: March 15, 2023
Welcome back to the fifth and final instalment of our 2023 financial crime market outlook series.
In this blog, we focus on Asia-Pacific countries.