AML Conversations

Jim Lee, IRS:CI Chief, returns to AML Conversations to share his thoughts on the IRS:CI 2023 Annual Report, the work of the J5, several key IRS cases, and the first coverage of the 2023 BSA Data Challenge.

We talked with John Byrne and Elliot Berman about what they see as the trends in financial crime prevention for 2024.

This week, several interesting reports were released. Eurasia Group issued its Top Risks 2024, Human Security Collective published The Future of FATF Recommendation 8, FinCEN issued a Financial Trend Analysis and much more. John and Elliot discuss these and their meaning for the financial crime compliance community.

This week, the US Beneficial Ownership Registry went live, Senator Menendez was charged with additional allegations, export enforcement is back in the news, the US Department of Justice received new authority in foreign bribery cases and much more. John and Elliot discuss these and their meaning for the financial crime compliance community.

This episode originally aired on September 22, 2023 The Financial Crimes Enforcement Network (FinCEN) has published a Small Entity Compliance Guide for beneficial ownership information. A set of FAQs accompanies the guide. John and Elliot discuss the guide, the current compliance deadlines announced by FinCEN, and their thoughts on what may change shortly. They also chatted about a recent consent...

This week, an advisory on spear-phishing was issued, the US Department of Justice brought indictments for an $80 million pig butchering scheme, and several other interesting things surfaced. John and Elliot discuss these and their meaning for the financial crime compliance community.

This week, the US Treasury issued a Fact Sheet on its action to disrupt corruption, FINTRAC levied fines against another bank for AML/CFT program violations, The US House passed changes to the beneficial ownership registry rules, and several other interesting things surfaced. John and Elliot discuss these and their meaning for the financial crime compliance community.

Concluding our four-part series on Artificial Intelligence (AI), David McLaughlin, Founder of QuantaVerse and the current EVP of Technology Sales at AML RightSource, alongside our brilliant Principal Data Scientist, Leandro Loss, discuss how AI solutions are crafted and how their extraordinary capabilities are reshaping compliance; now, and in the future. Tune in to find out more about how this po...

We talk with Mark Freedman, an international security expert who covers how to react to terrorism by Hamas and other criminal organizations and how geopolitics and intelligence gathering assist corporations in addressing risk.

We talk to Oliver Wyman and Atlantic Council’s Dan Tannebaum about the state of sanctions, their value as a national security tool, recommendations on detecting sanctions evasions, and what to expect going forward.

It has been another busy week. The Center for International Private Enterprise issued a report on the importance of business integrity to the rebuilding efforts in Ukraine. The IRS issued an alert on charity scams. The US Treasury was urged to push the IMF to increase enforcement of its 2018 Governance Framework, and FinCEN issued a statement about the Counter Terrorism Financing Taskforce. John a...

What can we learn? In an exclusive interview with the Project Manager of the Basel AML Index, John sits down with Kateryna Boguslavska, who has overseen the Index since 2017, and covers the key themes and takeaways for the global AML community.

It has been another busy week. The Basel Institute on Governance released its AML 2023 Index. The US and the UK issued sanctions on Hamas leaders and financiers, and the US House Financial Services Committee approved several interesting new bills. John and Elliot discuss these activities and their meaning for the financial crime compliance community.

It has been a busy week. FinCEN issued an alert and final rule, OFAC issued sanctions against cartel activity on fentanyl, and Canada and the UK adopted new laws on beneficial ownership reporting. John and Elliot discuss these actions and what they mean for the future.

John talks with Chuck Taylor of our Financial Crime Advisory about recent discussions in the popular press about why banks close customer accounts.

It has been a busy week. FATF released the outcomes from its October Plenary, the Biden Administration issued an Executive Order on Artificial Intelligence, and the US Supreme Court heard arguments about asset forfeiture. John and Elliot discuss the possible impact of these actions and what you should watch for going forward.

Step into the exciting realm of cutting-edge AI technology! Join our host, Rachel Dettmer, as she welcomes back our esteemed Principal Data Scientist, Leandro Loss, for an engaging discussion on Large Language Models. Together, they delve into thought-provoking questions: How will these models revolutionize anti-money laundering and financial crime compliance? Are human investigators at risk of be...

FinCEN has issued a new regulation, renewed its real estate geographic targeting orders, and published an alert regarding terrorist financing. John and Elliot discuss this flurry of activity and why each element is important in today’s operating environment.

John and Elliot examine how different things come together in financial crime prevention efforts. They discuss a recent release from AUSTRAC about the connection between cybersecurity and AML/CFT compliance and an interesting blog post from the Council on Foreign Relations on the nexus of human trafficking, democracy, and corruption.

In this episode, Leandro Loss, our Principal Data Scientist, and Kevin Lee, our Director Financial Crime Technology, delve into the trustworthiness of AI, why it's often viewed as an enigmatic 'black box', and why conventional 'white' models are falling short in the battle against financial crime.

It's clear that terrorist financing is still a global problem that demands consistent vigilance. John and Elliot discuss the importance of being vigilant and the challenges nations and organizations face worldwide.

Jonathan Lopez joins John to discuss the state of corruption, how prosecutors see their cases, advice for BSA/AML officers to avoid personal liability, and other white collar issues.

This week Elliot and John come to you from the ACAMS Assembly in Las Vegas. They discuss some of the highlights from sessions at the conference and talk about why the work of the financial crime compliance community is so important.

Kira Zalan, Investigative Editor of the Organized Crime and Corruption Reporting Project (OCCRP) discusses the continuing need for investigative journalism, the dangers of reporting, and some examples from their various projects and stories.

Learn the fundamentals with our expert and demystify the world of Artificial Intelligence! In this episode, Leandro Loss, our esteemed Principal Data Scientist, unravels the core concepts of Data Science, Artificial Intelligence, Machine Learning, and Deep Learning. Prepare to delve into the realm of AI as he shares his vast knowledge and discusses the urgent need for data-driven solutions to comb...