All Financial Regulation & Compliance articles – Page 9
-
AnalysisTransforming compliance into effective risk management
The “father of GRC” Michael Rasmussen will address FinCrime World Forum next week on the topic of transforming compliance into effective risk management. Here, he tells us about the importance of collaboration, right-brain thinking, enforcing rules, ethics and more.
-
NewsEBA consults on changes to guidelines on risk-based AML supervision of financial institutions
The European Banking Authority (EBA) is proposing changes to its guidelines on risk-based supervision of financial institutions’ compliance with Anti-Money Laundering (AML) and Counter Terrorism Financing (CFT) obligations.
-
AnalysisBlockchain’s ‘insane visibility’ for AML
Blockchain technology is still often seen as enabling secretive behaviour, but FinCrime World Forum speaker Amanda Wick argues that it has huge potential for Anti Money Laundering and Counter Terrorism Financing compliance
-
AnalysisThe future financial crime landscape in the US
The dust has now settled on arguably the most tumultuous United States election in history and we have a new administration in the White House. Jim Richards, ahead of FinCrime World Forum, talks about the likely direction of policy on financial crime and reflects on new anti-money laundering legislation.
-
NewsNatWest faces criminal case over alleged money laundering failures
Britain’s Financial Conduct Authority today announced it has started criminal proceedings against NatWest for alleged offences under money laundering regulations.
-
NewsABN Amro share price falls as investigators suspect ‘culpable money laundering’
ABN Amro has revealed an ongoing investigation by prosecutors now suspects “culpable money laundering” by the Dutch Bank
-
AnalysisMeasuring the effectiveness of your financial crime controls
Natasha Vernier talks about the need for compliance teams to accurately measure outcomes, ahead of her appearance at FinCrime World Forum
-
NewsUAE urges DNFBPs to sign up to AML programme as clampdown continues
The economy ministry in the UAE has reminded companies to register for the country’s anti-money laundering system before a 31 March deadline.
-
AnalysisBrexit and fincrime: are things are about to get a bit more complicated?
The Brexit trade agreement contains warm words of co-operation on financial crime matters. However, Dr Anna Bradshaw, ahead of her appearance at FinCrime World Forum, fears there may be difficulties further down the line.
-
AnalysisFuture-proofing and inclusivity: a chat with award-winner Sujata Dasgupta
Sujata Dasgupta is rapidly becoming one of the financial crime compliance sector’s rising thought leaders and has just landed a major award for her efforts.
-
Analysis‘Corporate transparency is a moral and social issue’
Graham Barrow is one of the world’s leading commentators and experts on financial crime and a leading advocate for corporate transparency. Ahead of his appearance at FinCrime World Forum later this month, he speaks to GRC World Forums about why this issue is so important
-
Q&AFinCrime Job Focus: Francesa Dowling, Head of Compliance, Amaiz
In our latest reader Q&A, Francesa Dowling argues that compliance should never be seen as a tick-box exercise
-
News‘Overstretched’ FinCEN needs technological innovation and more funding, says think tank
The Financial Crimes Enforcement Network (FINCEN) in the United States needs more funding and a ‘Manhattan Project’ to develop new technologies in order to be more effective against money laundering, a think tank has said.
-
NewsEBA updates guidelines on AML/CTF risk factors
The European Banking Authority has published revised detailed guidance on Anti Money Laundering (AML) and Counter-Terrorism Financing (CTF) risk factors.
-
NewsNew Zealand issues first formal warning to a real estate agency chain under updated AML law
New Zealand’s Department of Internal Affairs has issued a formal warning to a large real estate agency chain.
-
AnalysisUAE’s AML journey: radical change or more of the same?
The United Arab Emirates has long been a magnet for illicit funds, for a whole host of often deep-rooted economic, historical, geographical and cultural reasons. But with the Financial Action Task Force calling for urgent action, the Gulf state has recently shown signs of flexing its regulatory muscles, but can it really adequately tackle financial crime?
-
NewsFATF adds four countries to AML ‘grey list’ following plenary
The Financial Action Task Force (FATF) has added the Cayman Islands, Burkina Faso, Morocco, and Senegal to its ‘grey list’ of countries under supervision.
-
BlogBlaming company formation agents misses the bigger picture about AML in the UK
The National Crime Agency is planning a crack down on company formation agents as part of an AML drive. However, John Binns argues the problems are due to more significant holes in the UK’s financial crime safety net
-
NewsA strong compliance programme “should be part of a company’s DNA” says head of UK’s SFO
The head of the United Kingdom’s economic crimes investigative agency has stressed the need for companies to have a strong compliance programme.
-
NewsNew AML rules in US increase credit risk for banks globally, warns rating agency
New anti-money laundering legislation in the United States intensifies credit risks for non-US banks, a major rating agency has warned.
