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.
DOJ's latest remarks (via Deputy Attorney General Lisa Monaco) on corporate criminal enforcement carry important implications for compliance teams. Going ...
2022 will probably be a lot like 2021, only more so. With most key federal positions filled, the Biden Administration ...
In September 2021, El Salvador became the first country to adopt bitcoin as legal tender. It will likely not be ...
After repeated investigations that have laid bare the struggle governments have in identifying the ultimate beneficial owners implicated in money ...
Blockchain startup TRM Labs announced that it raised $60 million in a Series B round led by Tiger Global with ...
A Digital Transformation Increased sophistication in technology platforms, banking channels and digital initiatives has ushered in transformation in the banking ...
Anti-money laundering measures are heavily weighted toward the financial sector, but most criminals have figured this out, and are turning ...
Asia Pacific continues to give rise to a large number of Foreign Corrupt Practices Act (FCPA) enforcement actions. Four of ...
Getting the Full Picture, Fast Comprehensively identifying and verifying corporate hierarchies and ultimate beneficial owners (UBOs) has become increasingly important ...
Money Laundering Enters Real Estate In this article, Jay Ryan, Executive Vice President at Accuity discusses measures U.S. cities are taking to combat ...
Ken Bensinger discusses his fascinating book, "Red Card," and the decades of misconduct by FIFA eventually uncovered by the FBI. ...
Q&A with Nicole Sprinzen of Cozen O’Connor With the U.S. Supreme Court’s decision in Murphy v. NCAA on May 14, ...
