Our panel of experts discusses red flags, the need for clear expectations among the parties, and the importance of transparent access to client transactions ..read more

If transaction monitoring thresholds are too sensitive or not sensitive enough, financial institutions run the risk of missing genuine criminal behavior. Likewise, without periodic tuning and optimization, systems may fail to detect emerging criminal methodologies or comply with the latest AML rules. In this episode, our advisory experts, Joshua and Jonathan, take a deep dive into the technical process of tuning and optimizing, sharing best practices and insights to ensure systems operate effectively and support a risk-based approach ..read more

Virtual assets have reshaped the financial industry, providing new opportunities for growth and innovation. Payments are easier, faster, cheaper, and for those without access to regular financial products, they provide an alternative banking method.  ..read more

Our panel of experts discusses how increasing awareness, training, and effective data collection and analysis can help Fis identify potential human trafficking ..read more

I was asked recently by a business school graduate, “How do you become a compliance officer? They didn’t offer specific courses on fighting financial crime at our university, nor did I realize this could be a career choice." The same holds true for the three-year German apprenticeship to become a banker. With questions like that floating around unanswered, it’s not entirely surprising that there is a shortage of skilled resources available in the market.  ..read more

The money laundering challenges and potential abuse of the myriad “Residency and Citizenship by Investment Programmes.”: A FATF-OECD Report.   Our panellists discuss the 2023 Report and the need for improved awareness of enabling the movement of illicit funds without proper oversight and reporting.   Graham Peachey: UK Home Office Senior Policy Advisor and Project Co-lead for the Financial Action Task Force project on Misuse of Residency and Citizenship by Investment Programmes.   Tivon Sterin: Senior Policy Advisor, Office of Terrorist Financing and Financial Crimes, U.S. Dep ..read more

Our panel of experts discusses how to respond to examination results effectively ..read more

Our panel of experts discusses the importance of robust risk assessments, the level of regulatory scrutiny, and the value of reviewing consent orders when offering Banking as a Service ..read more

What is Tuning and Optimization?  Why should financial institutions do this exercise?  Are there any benefits or regulatory prescriptions for it?  Josh and Jon, our experts in this field, provide a comprehensive overview of tuning and optimization, delving into the details of why it's essential, how it's done, the benefits for financial institutions, and what it looks like from a transaction monitoring perspective.  Tune in now ..read more

Our panel of experts discusses the importance of partnerships, information sharing, and the roles that everyone can play in the fight against human trafficking ..read more