AML Conversations

In the second episode of our AML Conversations series with members of IRSCI, John Byrne sits down with Greg Monahan, IRS Supervisory Special Agent of the Cyber Crimes Unit and Chris Janczewski, IRS Special Agent in the Pittsburgh office.  Together, they discuss the impact of cybercrime both in the US and abroad. Additionally, John and Chris go through two major cases, one on a group selling child...

In this episode of AML Conversations, John sits down to discuss the AML challenges and successes in the gaming industry with the former Senior Director of Gaming Policy at the American Gaming Association (AGA), Elizabeth Cronan. Now the Vice President Government Relations at Geoguard, Cronan elaborates on various themes in enforcement actions, the rise of mobile and on-line gaming, and the increas...

081922 Audio by AML RightSource

test by AML RightSource

This week, John and Elliot discuss the latest pronouncements from the US Treasury about the Corporate Transparency Act, the new head of the Treasury’s Office of Terrorism and Financial Intelligence, the case of theft from a non-profit to support cancer patients, the 2024 Corruption Perceptions Index from Transparency International, and other items impacting the financial crime prevention community...

This week, John and Elliot discuss the Geographic Targeting Orders issued by FinCEN, a letter from two senators to the US Treasury about the Corporate Transparency Act, a new report on the looting of Latin American antiquities by cartels, legislation introduced combat debanking, and other items impacting the financial crime prevention community.

The challenges of “knowing” your counterparty, beneficial ownership, and using data-driven tools to attack financial crime are global goals. In this conversation, Kyckr COO Steve Lamb discusses the BO landscape, corporate registries, FATF guidance, and how verification is a key AML-related tool.

This week, John and Elliot discuss the results of the February FATF Plenary, GAO reports on BOI, and Assessing Progress on Countering Criminal Activity, new sanctions issued by the UK and EU against Russia, the latest on the requirement to file BOI with FinCEN, priorities of the Acting Comptroller of the Currency, and other items impacting the financial crime prevention community.

This week, John and Elliot discuss more about corruption, including the fallout from the effort to drop the charges against New York Mayor Eric Adams, another publication from the Basel Institute on Governance on the UK’s process for compensating victims of foreign bribery, and a statement from the UK Anti-Corruption Coalition. They also discuss the recent staffing changes at the IRS and other fed...

Legal issues are only one element of third-party risk. Learn what other risks your program should detect and mitigate.

Forced labor and human rights issues are serious risks in the supply chain. Learn how adequate due diligence can help detect and interdict these activities.

As companies grow, they face an ever-increasing number of third-party providers. Learn how to scale your third-party risk management program effectively to meet this challenge.

This week, John and Elliot discuss corruption, including the dropping of charges against New York Mayor Eric Adams, the Basel Institute on Governance’s new quick guide on strategic corruption, and the DOJ’s pausing enforcement of the Foreign Corrupt Practices Act. They also discuss issues raised by BaFin about AI-based fraud, actions by Europol on cybercrime, and other items impacting the financia...

Learn how AI can improve due diligence activities in your third-party risk management program.

This week, John and Elliot discuss remarks by the president of the Basel Institute on Governance on its new priorities in addressing corruption, environment, and climate challenges. They also reviewed the FATF 2023-2024 Report, new expectations from the FCA on fraud reimbursements, progress on the EU’s new anti-corruption legislation, congressional hearings on debanking, turmoil at the FBI, and ot...

Learn about different aspects of structuring an effective third-party risk due diligence program.

Ari Redbord, Global Head of Policy and Government Affairs at TRM Labs, discusses their 2024 Crypto Crime Report, Trump’s Executive Order on digital assets and related issues for 2025.

This week, John and Elliot discuss FDIC’s recission of job offers to 200 new examiners, an alert about check fraud through theft of US mail, an announcement that Belize is the most compliant with FATF’s 40 recommendations, FINTRAC’s operational alert about Laundering the proceeds of illicit synthetic opioids, the Senate Banking Committee’s inquiry into debanking, and other items impacting the fina...

Les Joseph, a career financial crime prevention expert, discusses several options for combatting this crime, including A Fraud Czar….

Learn how changing technologies can support your third-party risk management program.

This week, John and Elliot discuss some of the pardons issued by the new administration, actions taken by several state financial service regulators, the EU’s Digital Operational Resilience Act, sanctions and export control penalties levied against a US automated equipment company, and other items impacting the financial crime prevention community.

This week, John and Elliot discuss the forthcoming Crypto Crime Report for 2024 from TRM Labs, various sanctions focused on the Russian energy sector and cross-border payments between actors in Russia and China, civil money penalties against former senior officials at Wells Fargo, penalties issued against Robinhood by the SEC, insights from counter-terrorism experts at the Atlantic Council, and ot...

Ashleigh Subramanian-Montgomery, Senior Policy Director of the Charity and Security Network, discusses the recent report on the impacts of UN Resolution 2664 on financial institutions and donors, the passage of a permanent humanitarian carveout, and the challenges in Syria assisting those in need during the country's chaotic times.

Dr. Mohamed Lazzouni, Chief Technology Officer of Aware, discusses the value of biometrics for onboarding, KYC, and other responses to money laundering, cyberattacks, and various financial crimes.

This week, John and Elliot discuss the Transparency International report on the best places to hide dirty money, several actions in the sanctions area including relief from some sanctions on Syria, the DOJ’s distribution of $1billion to victims of state-sponsored terrorism, several bank regulatory actions, recent court decisions relating to the Beneficial Ownership registry and the Corporate Trans...