UBOs Often Remain Elusive Despite Repeated Regulatory Efforts
After repeated investigations that have laid bare the struggle governments have in identifying the ultimate beneficial owners implicated in money ...
Tag: AML
Anti-money laundering or AML refers to laws and regulations designed to prevent people from hiding money that they’ve obtained in illegal ways. From a compliance standpoint, AML regulations require that banks and other financial institutions follow rules and regulations to ensure they’re not issuing credit to or opening accounts for people who are participating in money laundering schemes or activities.
AML compliance officers are often appointed to oversee AML policies and ensure that organizations are compliant.
The following articles and resources cover many aspects of anti-money laundering as it relates to compliance and risk management.
Blockchain Startup TRM Labs Announces $60M Series B Round Led by Tiger Global
Blockchain startup TRM Labs announced that it raised $60 million in a Series B round led by Tiger Global with ...
Why You Really Need to Pay Attention to Money-Laundering Risks
Is your company in the money-laundering business? It very well might be. As banks become warier and apply more resources ...
TRACE: Trump Hotel – Baku
Alexandra Wrage interviews Adam Davidson, a staff writer for The New Yorker who recently wrote an article entitled "Donald Trump's ...
Reimagining Enterprise Fraud Risk Management
A Digital Transformation Increased sophistication in technology platforms, banking channels and digital initiatives has ushered in transformation in the banking ...
Lightening the Load of Anti-Money Laundering Legislation
With the threat from money laundering and terrorist financing growing, anti-money laundering (AML) legislation has had to become more stringent ...
The Looming Risk of Money Laundering
Anti-money laundering measures are heavily weighted toward the financial sector, but most criminals have figured this out, and are turning ...
The Asia-Pacific Top 10 FCPA Enforcement Actions of 2017
Asia Pacific continues to give rise to a large number of Foreign Corrupt Practices Act (FCPA) enforcement actions. Four of ...
Identifying and Verifying Ultimate Beneficial Owners
Getting the Full Picture, Fast Comprehensively identifying and verifying corporate hierarchies and ultimate beneficial owners (UBOs) has become increasingly important ...
How U.S. Cities Fight Money Laundering
Money Laundering Enters Real Estate In this article, Jay Ryan, Executive Vice President at Accuity discusses measures U.S. cities are taking to combat ...
TRACE: FIFA’s Red Card
Ken Bensinger discusses his fascinating book, "Red Card," and the decades of misconduct by FIFA eventually uncovered by the FBI. ...
Betting on Compliance: The Supreme Court’s Decision in Murphy v. NCAA
Q&A with Nicole Sprinzen of Cozen O’Connor With the U.S. Supreme Court’s decision in Murphy v. NCAA on May 14, ...
