Lessons learned from AML penalties issued in 2023
This article appears as the "Discussion of the month" topic in AML News and Updates Newsletter - January 2024 edition which can be found...
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Anna Stylianou
Jan 33 min read
Web 3: What Compliance Professionals need to know
Web 3 has gained significant traction in recent years, attracting users and businesses alike. Its decentralized nature, where power is...
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Anna Stylianou
Dec 7, 20234 min read
Crypto Compliance: What Can We Learn from Binance's Problems?
This article appears as the "Discussion of the month" topic in AML News and Updates Newsletter - December 2023 edition which can be found...
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Anna Stylianou
Nov 28, 20233 min read
Deepfakes - an evolving threat for financial institutions
Imagine a friend of yours asking for a video call. You accept – besides, you know this person very well. During the video call, the...
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Anna Stylianou
Nov 21, 20232 min read
Crowdfunding – Why is it vulnerable to Terrorist Financing?
Crowdfunding is a method of raising funds from a large number of people, typically via the internet, for a specific project or venture....
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Anna Stylianou
Nov 6, 20234 min read
Bulgaria was added to the Financial Action Task Force (FATF) "grey list"- why?
Bulgaria was added to the Financial Action Task Force (FATF) "grey list" of countries subject to increased monitoring in October 2023,...
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Anna Stylianou
Nov 6, 20232 min read
The Economic and Corporate Transparency Act (ECCTA) - a quick overview
The Economic Crime and Corporate Transparency Act (ECCTA) is a piece of legislation in the United Kingdom passed in October 2023. It...
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Anna Stylianou
Nov 1, 20234 min read
The conviction of SBF – Lessons for Compliance Officers and Risk Managers
This article appears as the "Discussion of the month" topic in AML News and Updates Newsletter - November 2023 edition which can be found...
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Anna Stylianou
Nov 1, 20233 min read
ACAMS report on Beneficial Ownership: Taking the Extra Step to Data Accuracy
Beneficial ownership is a crucial aspect of anti-money laundering (AML) compliance. A beneficial owner of a legal entity or arrangement...
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Anna Stylianou
Oct 28, 20232 min read
FATF plenary meeting outcomes October 2023 - What to expect
The FATF Plenary took place on 25-27 October 2023 in Paris, France. Delegates from the FATF’s Global Network (of over 200 jurisdictions)...
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Anna Stylianou
Oct 2, 20234 min read
Tax evasion methods and Trends
This article appears as the "Discussion of the month" topic in AML News and Updates Newsletter - October 2023 edition which can be found...
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Anna Stylianou
Sep 6, 20234 min read
How AML officers are affected by ESG goals
This article appears as the "Discussion of the month" topic in AML News and Updates Newsletter - September 2023 edition which can be...
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Anna Stylianou
Aug 11, 20233 min read
Keeping Up with Compliance updates: Easy Tips for AML Professionals
This article appears as the "Discussion of the month" topic in AML News and Updates Newsletter - August 2023 edition which can be found...
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Anna Stylianou
Aug 4, 20231 min read
Deutsche Bank was fined $186 million from the Federal Reserve for AML problems.
A few days ago, the Federal Reserve fined Deutsche Bank and its U.S. affiliates 💲186 million for failing to tackle anti-money laundering...
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Anna Stylianou
Aug 3, 20232 min read
What is a Mutual Evaluation Report?
Mutual Evaluation Reports are detailed reports published by the Financial Action Task Force (FATF) analyzing how well a country combats...
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Anna Stylianou
Aug 2, 20232 min read
Targeted Update of FATF Standards on Virtual Assets
On 27th June, the Financial Action Task Force (FATF) published the Targeted Update on Implementation of the FATF standards on Virtual...
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Anna Stylianou
Jul 7, 20236 min read
Implementing an AML program in the crypto industry - the challenges
This article appears as the "Discussion of the month" topic in AML News and Updates Newsletter - July 2023 edition which can be found...
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Anna Stylianou
Jul 3, 20235 min read
Identifying and managing high-risk customers
This article appears as the "Discussion of the month" topic in AML News and Updates Newsletter - May 2023 edition which can be found here...
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Anna Stylianou
Jul 3, 20231 min read
AML News: Update of the European High-Risk Third Country List
The European Commission, on 17th May 2023, has updated its list of high-risk third-country jurisdictions for anti-money laundering (AML)...
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Anna Stylianou
Jul 3, 20235 min read
The elements of an effective AML program – free checklist provided
This article appears as the "Discussion of the month" topic in AML News and Updates Newsletter - June 2023 edition which can be found...
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