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Treasury Urged to Scrutinize Foreign Real Estate Buyers for Money-Laundering Risk

  • 11 Mar, 2015
  • AML/CTF, Financial Crimes

In a broad show of support for increased scrutiny of foreign real estate buyers in the United States, 17 nonprofit organizations on Tuesday urged the Treasury Department to require that the real estate industry verify the identities of buyers and screen them for potential money-laundering risk.

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Facebook Fraud Suspect’s Escape Aided by Hand-Made Contraption

  • 12 Mar, 2015
  • AML/CTF, Financial Crimes

(Bloomberg) -- A man facing fraud charges for claiming ownership of half of Facebook Inc. based on a phony contract was able to escape by attaching his electronic ankle bracelet to what prosecutors called a “hand-made contraption” that simulated normal movements. Paul Ceglia is schedu. [...]

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More than a banking scandal?

  • 28 Mar, 2015
  • AML/CTF, Financial Crimes

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HOW CONFLICT IN THE ISLAMIC WORLD IS DRIVING TRANSNATIONAL ORGANIZED CRIME – ANALYSIS

  • 28 Apr, 2015
  • AML/CTF, Financial Crimes

Why have so many Muslim states become hotbeds of organized crime? Neil Thompson’s answer looks beyond depressed economies, faltering dictatorships and human rights a. [...]

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Cyber-Attacks - Managing Cyber Risk

  • 30 Mar, 2015
  • AML/CTF, Financial Crimes

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London property used for money laundering

  • 3 Apr, 2015
  • AML/CTF, Financial Crimes

London is famed for providing a safe haven for foreign dissidents and refugees. I. [...]

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Vatican Bank: Haven For Money Laundering & Tax Evasion No More

  • 8 Apr, 2015
  • AML/CTF, Financial Crimes

International Business Times B

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Swiss police arrest Italian businessman Borsalino over crimes worth billions of euros

  • 26 Apr, 2015
  • AML/CTF, Financial Crimes

 

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ICE Targets 700 Miami Firms for Money Laundering Scrutiny

  • 27 Apr, 2015
  • AML/CTF, Financial Crimes

Federal investigators are targeting 700 businesses in the Miami area for enhanced scrutiny to detect trade-based money laundering schemes involving Latin A. [...]

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Faced with ISIS successes across Mideast, Al Qaeda grows stronger

  • 6 May, 2015
  • AML/CTF, Financial Crimes

CAIRO &ndash. [...]

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DFSA publishes analysis and guidance on the new annual money laundering return

  • 10 May, 2015
  • AML/CTF, Financial Crimes

The Dubai Financial Services Authority has published Continue Reading

The real estate industry has escaped compliance of the Anti-Money Laundering Act so far – but experts predict not for long.

  • 13 May, 2015
  • AML/CTF, Financial Crimes

Credit Suisse is forecasting $60 billion in new Chinese investment in Australia's housing market over the next six years, more. [...]

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Aviation experts dispute hacker’s claim he seized control of airliner mid-flight

  • 19 May, 2015
  • AML/CTF, Financial Crimes

Chris Roberts’s claim he accessed in-flight entertainment and flight systems from his seat is rubbished by Boein. [...]

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Firms Lack Basic Building Blocks to Comply with Anti-Fraud Laws

  • 19 May, 2015
  • AML/CTF, Financial Crimes

As companies push into Europe, the Middle East, India, and Africa, ex. [...]

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The Rising Strategic Risks of Cyber Attacks

  • 19 May, 2015
  • AML/CTF, Financial Crimes

Research by McKinsey points to a widening range of technology vulnerabilities and potentia. [...]

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U.S. charges six Chinese nationals with economic espionage

  • 19 May, 2015
  • AML/CTF, Financial Crimes

The U.S government charged six Chinese nationals with economic espionage, saying they stole secrets from two companies that develop tec. [...]

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Iran’s ‘staggering’ execution spree: nearly 700 put to death in just over six months

  • 23 Jul, 2015
  • AML/CTF, Financial Crimes

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STOLEN DATA - HACKERS TARGET PR COMPANIES, MAKE MORE THAN $100 MILLION ON INSIDER TRADING

  • 14 Aug, 2015
  • AML/CTF, Financial Crimes

13/8/2015, bContinue Reading

U.S. judge blocks Treasury AML action against Tanzanian bank FBME

  • 30 Aug, 2015
  • AML/CTF, Financial Crimes

The U.S. Treasury Department's push to use an extraterritorial Patriot Act power to sever foreign banks from the U.S. financ. [...]

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Islamic State Finds Gold Coins Are a Steal as Throwback Currency

  • 30 Aug, 2015
  • AML/CTF, Financial Crimes

Forget the printing press. In readying for the roll. [...]

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A history of UK banks' system failures

  • 31 Aug, 2015
  • AML/CTF, Financial Crimes

HSBC’s meltdown has left business customers unable to pay salaries or suppliers, but this is not the first time such a crisis has hit a Briti. [...]

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The link between art and money laundering

  • 5 Sep, 2015
  • AML/CTF, Financial Crimes

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Syrian Refugee Crisis: We are not angels or Satan. We are simply human beings- Germany has effectively exited temporarily from the Schengen system.

  • 14 Sep, 2015
  • AML/CTF, Financial Crimes

Germany introduced border controls on Sunday, and dramatically halted all train traffic with Continue Reading

UniCredit plans to cut around 10,000 jobs: source

  • 15 Sep, 2015
  • AML/CTF, Financial Crimes

UniCredit (Continue Reading

Reinsurance capacity in Mena expected to strengthen: QFC

  • 16 Sep, 2015
  • AML/CTF, Financial Crimes

Reinsurance capacity in the Middle East and North Africa (Mena) is expected to strengthen owing to stronger primary risk cover business and perceived low exposure to natural perils, according to a Qat. [...]

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The definition of Conduct Risk

  • 17 Sep, 2015
  • AML/CTF, Financial Crimes

Conduct risk has been a defining theme of the Financial Conduct Authority in much the same way that treating customers fairly defined th. [...]

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Former trader claims Lloyds made him redundant over whistleblowing

  • 17 Sep, 2015
  • AML/CTF, Financial Crimes

A former foreign exchange trader at Lloyds Banking Group has accused the bank of making him redundant because he was a whistleblower after h. [...]

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Alt capital growth signals structurally lower reinsurance returns: Moody's

  • 18 Sep, 2015
  • AML/CTF, Financial Crimes

Reinsurance industry analysts, experts and participants have noted that pricing in the sector will likely be at . [...]

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Mapping the Control of Lebanese Politicians over the Banking Sector

  • 18 Sep, 2015
  • AML/CTF, Financial Crimes

By Dr. Jad Chaaban

Lebanese banking sector • 54 commercial banks, of which 20 control 99% of sector assets • Highly concentrated: Top 15 banks (Alpha Group) control 96%

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OECD launches report on greater co-operation and information sharing between government agencies to counter financial crimes

  • 19 Sep, 2015
  • AML/CTF, Financial Crimes

OECD launches report on greater co-operation and information sharing . [...]

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The Next Wave of Cyberattacks Won't Steal Data - They'll Change It

  • 19 Sep, 2015
  • AML/CTF, Financial Crimes

The big attacks that have be. [...]

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REMITTANCES EXPLAINED: How funds are transferred across borders, and why digital is poised to disrupt this century-old industry

  • 20 Sep, 2015
  • AML/CTF, Financial Crimes

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Private Equity Transactions Understanding Some Fundamental Principles

  • 20 Sep, 2015
  • AML/CTF, Financial Crimes

Private equity investing has generated worldwide attention over the last few years. Many reasons are cited for its proliferation, including an abundance of cheap debt financing as well as companies wi. [...]

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FATCA Versus Lebanon Bank Secrecy Law

  • 20 Sep, 2015
  • AML/CTF, Financial Crimes

By Bachir El Nakib

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Iran earns more from tax than oil for first time in almost 50 years

  • 27 Sep, 2015
  • AML/CTF, Financial Crimes

The Iranian government is earning more from tax than oil for the first time in almost half a century as the country shi. [...]

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If this scandal goes beyond VW, the wheels will come off an entire industry

  • 27 Sep, 2015
  • AML/CTF, Financial Crimes

Everyone does it. These are the words that have often sparked history’s great corporate scandals. Companies or in. [...]

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Man accused in 'blood diamond' tax fraud case appears in Albany Co. court

  • 28 Sep, 2015
  • AML/CTF, Financial Crimes

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MENA CORRUPTION PERCEPTIONS INDEX 2014: RESULTS

  • 29 Sep, 2015
  • AML/CTF, Financial Crimes

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It takes too many deeds to build a reputation, and only one bad one to lose it - Benjamin Franklin

  • 30 Sep, 2015
  • AML/CTF, Financial Crimes

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Russia, Iraq, Iran, Syria, sign intel-sharing agreement against Islamic State

  • 1 Oct, 2015
  • AML/CTF, Financial Crimes

The governments of Russia, Syria and Iran have entered a formal intelligence-sharing agreement with Iraq, in an effort to defeat the I. [...]

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5.6 million US government employee fingerprints embezzeled

  • 1 Oct, 2015
  • AML/CTF, Financial Crimes

A massive cyber hacking incident that compromised a United States federal database containing millions of personnel records also resulted in the theft of 5. [...]

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ING ACCUSED OF ALLOWING €123 MILLION IN MONEY LAUNDERING

  • 1 Oct, 2015
  • AML/CTF, Financial Crimes

Dutch bank ING is accused of enabling 123 million euros of money laundering, channelling the flow of funds into compan. [...]

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AUTHORITIES RAID UBER ON ORGANIZED CRIME SUSPICIONS

  • 1 Oct, 2015
  • AML/CTF, Financial Crimes

The Public Prosecutor in the Netherlands ordered a raid on the Dutch offices of taxi and ride share company Uber. The firm is being i. [...]

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Qatar's wealth fund loses billions from Volkswagen scandal: report

  • 2 Oct, 2015
  • AML/CTF, Financial Crimes

Staff writer, Al Arabiya News
Sunday, 27 September 2015

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The Qatar Investment Authority's perfect storm

  • 3 Oct, 2015
  • AML/CTF, Financial Crimes

Whichever way you cut it, the third quarter wasn’t a classic one for the Qatar Investment Authority (QIA). In fact, it could hardly have been wor. [...]

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UK could legislate to force tax havens to reveal offshore ownership,

  • 3 Oct, 2015
  • AML/CTF, Financial Crimes

The government could legislate to force the UK’s tax havens to reveal for the first time the true owners of offsh. [...]

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Filipina - She roamed Riyadh home in suicide vest

  • 4 Oct, 2015
  • AML/CTF, Financial Crimes

  • Syrian man, Filipina arrested for terrorism plot. [...]

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Deal reached on giant 12-nation trade pact

  • 5 Oct, 2015
  • AML/CTF, Financial Crimes

ATLANTA - Negotiators from the U.S., Japan and 10 Pacific Rim nations on Monday cinched the biggest trade pact in recent history, setting t. [...]

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Fired RBS trader says he was 'scapegoat' for FX fine

  • 7 Oct, 2015
  • AML/CTF, Financial Crimes

A former foreign exchange trader fired by Royal Bank of Scotland said he was a scapegoat and that the state-backed bank had "dishonestl. [...]

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CONDUCT OF BUSINESS: BUSINESS CUSTOMERS, CLIENT CLASSIFICATION AND THE CDRS

  • 7 Oct, 2015
  • AML/CTF, Financial Crimes

Invitation to comment

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AML compliance requires cyber-security collaboration

  • 7 Oct, 2015
  • AML/CTF, Financial Crimes

Senior anti-money laundering executives at banks, brokerage firms and other financial services firms must possess a solid understanding . [...]

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Siemens AG and Three Subsidiaries Plead Guilty to Foreign Corrupt Practices Act Violations and Agree to Pay $450 Million in Combined Criminal Fines

  • 7 Oct, 2015
  • AML/CTF, Financial Crimes

Monday, December 15, 2008
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The top 3 money laundering concerns of 2015

  • 8 Oct, 2015
  • AML/CTF, Financial Crimes

The fight against money laundering and terrorist financing in the U.S. is an ongoing and evolving bat. [...]

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Operation Folosa - targeting drug trafficking nets couriers in Latin America, Africa, and GCC

  • 9 Oct, 2015
  • AML/CTF, Financial Crimes

An operation targeting drug trafficking from Latin America to Europe via Africa has resulted in the seizure of nearly 170 kilogrammes of drugs worth an estimated EUR 10 million, . [...]

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OECD - Improving Cooperation Between Tax and Anti-Money Laundering Authorities

  • 9 Oct, 2015
  • AML/CTF, Financial Crimes

Government authorities around the world must co-operate better and share information to counter fi. [...]

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Andorran Bank Fights U.S. Treasury Allegations of Money Laundering

  • 9 Oct, 2015
  • AML/CTF, Financial Crimes

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Drug cartel money-laundering indictment is first major effort against hawala tactics

  • 11 Oct, 2015
  • AML/CTF, Financial Crimes

Federal authorities said Friday they had broken up an international network of money launderers who moved millions of dollars for the Sinaloa drug cartel and other criminal . [...]

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FINANCIAL SECTOR UPDATE

  • 11 Oct, 2015
  • AML/CTF, Financial Crimes

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Kuwait: Council of Ministers Approves Draft Law on Combating Corruption and Money Laundering

  • 12 Oct, 2015
  • AML/CTF, Financial Crimes

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Money exchanges seek standardisation of anti-money laundering effort

  • 12 Oct, 2015
  • AML/CTF, Financial Crimes

Money exchanges seek standardisation of anti-money laundering effort

. [...]

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IASB New financial reporting standard

  • 15 Oct, 2015
  • AML/CTF, Financial Crimes

15 October 2015 - by Bachir El Nakib

The chairman of the International Accounting Standards Board, Hans Hoogervorst, has . [...]

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Dubai business rated on employment practice

  • 15 Oct, 2015
  • AML/CTF, Financial Crimes

15 October 2015 - By Bachir El Nakib

Dubai has launched a rating system to give priority to construction companies who treat their employees well.

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As Correspondent Banks Cut Ties, Black Market Seen As Emerging Risk

  • 15 Oct, 2015
  • AML/CTF, Financial Crimes

Published:Continue Reading

UK banks at high risk of exposure to laundered money, says report

  • 17 Oct, 2015
  • AML/CTF, Financial Crimes

Report said that some NGOs estimate between £23bn and £57bn is annually laundered thro. [...]

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Managing third-party corruption risk: two fundamental questions every business must ask itself

  • 19 Oct, 2015
  • AML/CTF, Financial Crimes

The single biggest corruption risk businesses face stems from their third-party service providers: more than 90 percent. [...]

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“Fat-Finger” Clerk Mistakenly Sends $6 Billion to a Hedge Fund and Other Misadventures

  • 21 Oct, 2015
  • AML/CTF, Financial Crimes

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Google Launches a Developer Boot Camp, Promising Jobs for Graduates

  • 22 Oct, 2015
  • AML/CTF, Financial Crimes

Google will launch a boot camp, in partnership with comp. [...]

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REMITTANCES EXPLAINED: How funds are transferred across borders, and why digital is poised to disrupt this century-old industry

  • 22 Oct, 2015
  • AML/CTF, Financial Crimes

 

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BANKING TERMS PRACTICE INTRODUCE NEW FEES CHARGES

  • 23 Oct, 2015
  • AML/CTF, Financial Crimes

22 October 2015 - Bachir El Nakib

DEFINITION of 'Bank Fees'

Many banks charge nominal fees for various ser. [...]

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Emerging Terrorist Financing Risks

  • 23 Oct, 2015
  • AML/CTF, Financial Crimes

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Emerging Foreign Terror Fighters Fundraise on Social Media Risks

  • 23 Oct, 2015
  • AML/CTF, Financial Crimes

Foreign terrorist fighters need small amounts of money to support their activities, and they rai. [...]

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Yakuza Leader Faces Tax Evasion Charges

  • 26 Oct, 2015
  • AML/CTF, Financial Crimes

After being released from prison . [...]

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AML Bill - time to be bipartisan

  • 26 Oct, 2015
  • AML/CTF, Financial Crimes

The Continue Reading

Islamic Banking - a way out of the crisis?

  • 26 Oct, 2015
  • AML/CTF, Financial Crimes

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Italy court says no proof of wrongdoing in UniCredit mafia probe

  • 31 Oct, 2015
  • AML/CTF, Financial Crimes

An Italian court said on Saturday there was no proof to back up allegations that three executives at Italian lender UniCredit (

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AML AND THE DANGERS OF DE-RISKING

  • 1 Nov, 2015
  • AML/CTF, Financial Crimes

AML and the dangers of de-risking

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Anti-money laundering and countering the financing of terrorism

  • 2 Nov, 2015
  • AML/CTF, Financial Crimes

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Why Can't Banks Talk to Foreign Partners on AML Threats?

  • 2 Nov, 2015
  • AML/CTF, Financial Crimes

If the reports banks must submit on "suspicious" activities are to effectively combat crime globally, then outmoded anti-money-laundering rules pro. [...]

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Know Your Customer's Customer

  • 2 Nov, 2015
  • AML/CTF, Financial Crimes

 For more than a decade, U.S. regulators have been advising bankers to know more about their customers than who they are. In the next five yea. [...]

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Former Top Chinese Anti-Corruption Official Sentenced to 12 Years for Corruption

  • 3 Nov, 2015
  • AML/CTF, Financial Crimes

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U.S. Said to Tap Ex-Standard Chartered Lawyer for Compliance Job

  • 3 Nov, 2015
  • AML/CTF, Financial Crimes

Big banks that say the U.S. doesn’t understand how toug. [...]

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Lebanon pledges to increase transparency, civil society participation in the UNCAC Review Mechanism

  • 3 Nov, 2015
  • AML/CTF, Financial Crimes

At a high level meeting between the Lebanon delegation to the CosP 6, headed by the Lebanese Minist. [...]

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This may be the next money laundering capital

  • 4 Nov, 2015
  • AML/CTF, Financial Crimes

Germany may have a reputation as Europe's economic stalwart, but a new report says. [...]

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TI-Romania: Future governments must change the operating system, instead of limited improvements

  • 5 Nov, 2015
  • AML/CTF, Financial Crimes

In light of the resignation of Prime Minister, Victor Ponta, Transparency International Romania urg. [...]

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'Iron-ass' Cheney and 'arrogant' Rumsfeld damaged America, says George Bush Sr

  • 5 Nov, 2015
  • AML/CTF, Financial Crimes

 

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World’s richest and poorest countries revealed

  • 6 Nov, 2015
  • AML/CTF, Financial Crimes

THE HAVES AND HAVE-NOTS

Where do people take home the highest salaries each month? And where is poverty rife? Based on data from Global Finance magazine, here are the top 30 richest countries and the bottom 20 poorest.

QATAR – THE RICHEST COUNTRY IN . [...]

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CIVIL SOCIETY'S ROLE IN THE FIGHT AGAINST CORRUPTION

  • 7 Nov, 2015
  • AML/CTF, Financial Crimes

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Five Ways to Find Ultimate Beneficial Ownership

  • 11 Nov, 2015
  • AML/CTF, Financial Crimes

 

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FATF Public Consultation on the Revision of the Interpretive Note to Recommendation 8 (NPO)

  • 20 Nov, 2015
  • AML/CTF, Financial Crimes

The Financial Action Task Force (FATF) is an independent inter-governmental body that develops and promotes policies to protect the glob. [...]

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CHINA ENDS SECRET BANKING NETWORK

  • 22 Nov, 2015
  • AML/CTF, Financial Crimes

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INCOME TAX -USA (Informative article only)

  • 7 Dec, 2015
  • AML/CTF, Financial Crimes

INCOME TAX -USA - In the U. [...]

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ISLAMIC STATE ASSOCIATES SHOULD BE SANCTIONED, UN SECURITY COUNCIL TO DECLARE - SOURCE

  • 10 Dec, 2015
  • AML/CTF, Financial Crimes

Later this month finance ministers from UN Security Council countries will attend a summit in New York where member states are expected . [...]

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The Curious Case of the Mysterious Disappearing Chinese Executive

  • 14 Dec, 2015
  • AML/CTF, Financial Crimes

China is in the midst of attempting to clean-up their corporate corruption.

Evidently, activities at some of the top companies and banks are darker, more sinister, and smell worse than their horrible pollution.

We have been reporting at ComplianceX about the mysterious disappearan. [...]

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Vanishing Chinese executives a vexatious mystery for Hong Kong stock market investors

  • 14 Dec, 2015
  • AML/CTF, Financial Crimes

In this Nov. 4, 2015 photo, Yim Fung, chairman and chief executive of Guotai Junan International Holdings Ltd., the Hong Kong unit of a Chinese securities company, attends an event in Hong Kong. The company said it was unable to reach Yim since Nov. 18, 2015, sending . [...]

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Banks told to increase emergency funds to avert financial crisis

  • 14 Dec, 2015
  • AML/CTF, Financial Crimes

UK’s biggest lenders must set aside a further £27bn of special capital by 2020 to be safe against potentia. [...]

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PEPWatch: Catalonia's Pujol charged with money laundering for hiding fortune

  • 31 Dec, 2015
  • AML/CTF, Financial Crimes

The former president of Catalonia, one of the most prominent political figures of democratic Spain, has been charged wi. [...]

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How To Defend Against The Rising Tide Of Corruption

  • 8 Jan, 2016
  • AML/CTF, Financial Crimes

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Sanctions compliance: the importance of screening  

  • 20 Jan, 2016
  • AML/CTF, Financial Crimes

20 January 2016

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China's corruption crackdown is so strict that even 2,400 anti-bribery officials were probed

  • 25 Jan, 2016
  • AML/CTF, Financial Crimes

China's wide-ranging crackdown on "bribery, dereliction of duty and other duty-related crimes" led to the investigation of a huge 54,000 officials in th. [...]

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CENTRAL BANK OF CHINA FREES UP SOME FIRMS FROM OVERSEAS BORROWING

  • 27 Jan, 2016
  • AML/CTF, Financial Crimes

China's central bank said on Friday that 27 financial institutions, as well as firms registered in free trade zones in Shanghai, Tianjin. [...]

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HSBC money laundering report must be made public: U.S. judge

  • 30 Jan, 2016
  • AML/CTF, Financial Crimes

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Corruption Currents: El Chapo Actress Facing Money Laundering Probe

  • 30 Jan, 2016
  • AML/CTF, Financial Crimes

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The UN has more sanctions in place than ever - but are they working?

  • 1 Feb, 2016
  • AML/CTF, Financial Crimes

<. [...]

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Four Great Corruption-Killing Apps

  • 13 Feb, 2016
  • AML/CTF, Financial Crimes

How innovative technology can help detect and punish corruption, both big and small.. [...]

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THESE ARE THE WORLD'S LEAST CORRUPT NATIONS

  • 15 Feb, 2016
  • AML/CTF, Financial Crimes

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CYBER INSURANCE 101: CLOUD COMPUTING AND LIABILITY

  • 15 Feb, 2016
  • AML/CTF, Financial Crimes

Cyber Insurance 101: The Basics of Cyber Coverage

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Cyber Guerrilla - Op Africa Engaged

  • 21 Feb, 2016
  • AML/CTF, Financial Crimes

Operation Africa is an ongoing effort by several activists within anonymous who have begun collaborating. The focus of the operation is a disassemb. [...]

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Manhattan U.S. Attorney Announces Bribery Charges Against Chairman Of New Jersey-Based Federal Credit Union

  • 7 Mar, 2016
  • AML/CTF, Financial Crimes

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Iran billionaire Babak Zanjani sentenced to death

  • 7 Mar, 2016
  • AML/CTF, Financial Crimes

Bill. [...]

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U S Department of Treasury : Remarks by Under Secretary Nathan Sheets at the Institute of International Bankers

  • 7 Mar, 2016
  • AML/CTF, Financial Crimes

WASHINGTON - Thank you for inviting me here today. I returned last week from the G-20 meeting where most of the headlines focused on the macroeconomic issues facing the global econo. [...]

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Your Cybersecurity Forecast: Current Threat Trends and Insights for 2015 and Beyond

  • 18 Mar, 2016
  • AML/CTF, Financial Crimes

Today's threat landscap. [...]

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FinCEN Fines Kentucky Money Services Business and Its Owner/Compliance Officer for Anti-Money Laundering Failures

  • 24 Mar, 2016
  • AML/CTF, Financial Crimes

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Some Qatar expats eligible for visa on arrival to GCC countries

  • 24 Mar, 2016
  • AML/CTF, Financial Crimes

A recently introduced visa-on-arrival procedure for Gulf expats is making it eas. [...]

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Panama Papers: German paper publishes ‘biggest leak in history’ on corruption

  • 4 Apr, 2016
  • AML/CTF, Financial Crimes

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The five most important charts from the Panama Papers leaks

  • 5 Apr, 2016
  • AML/CTF, Financial Crimes

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Spanish Industry Minister Soria Resigns Over Panama Leaks

  • 16 Apr, 2016
  • AML/CTF, Financial Crimes

Spanish Industry Minister Jose Manuel Soria resigned Friday a. [...]

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What the Panama leaks mean for AML professionals

  • 20 Apr, 2016
  • AML/CTF, Financial Crimes

by: Pekka Dare (Director ICT Acade. [...]

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Has Iran Spent Any of $3B in New Cash on Terror? Obama Admin Says, "We Don't Know"

  • 20 Apr, 2016
  • AML/CTF, Financial Crimes

 

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US launches criminal investigation into Panama Papers claims

  • 20 Apr, 2016
  • AML/CTF, Financial Crimes

Crusading Manhattan attorney to look into revelations contained within the Panama Papers
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Rolex, Rayban, Nike and Louis Vuitton among brands hit by counterfeit trade worth £270bn a year

  • 20 Apr, 2016
  • AML/CTF, Financial Crimes

The counterfeit trade is booming with nearly half a trillion dollars in fake good sold each year, accordin. [...]

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ECB Deep Freeze on 500-Euro Note Risks German Cold Shoulder

  • 4 May, 2016
  • AML/CTF, Financial Crimes

When European Central Bank policy makers discuss the fate of . [...]

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The truth behind the Panama papers

  • 4 May, 2016
  • AML/CTF, Financial Crimes

Apr 29 2016 Continue Reading

Barclays’ risk officer in France alleges money laundering and mis-selling failures, reports Financial Times

  • 6 May, 2016
  • AML/CTF, Financial Crimes

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House and Senate introduce legislation promoting transparency in beneficial ownership of companies

  • 6 May, 2016
  • AML/CTF, Financial Crimes

TI-USA welcomes the introduction of bills by Representative Carolyn Maloney (D-NY) and Senator Shel. [...]

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Top Ten regional leaders by their wealth – An Nahar spills the beans on despots and their fortunes

  • 14 May, 2016
  • AML/CTF, Financial Crimes

Ali Abdullah Saleh, the former Yemeni president made the headlines recently when it transpired that his wealth was worth a staggering $60. And yet, the Middle East has lo. [...]

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FIFA: independent audit committee president resigns in protest at reforms

  • 14 May, 2016
  • AML/CTF, Financial Crimes

Gianni Infantino’s supposed Continue Reading

Moody's cuts Saudi, Oman, Bahrain debt ratings

  • 15 May, 2016
  • AML/CTF, Financial Crimes

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Organizational Cultures of Corruption

  • 15 May, 2016
  • AML/CTF, Financial Crimes

The following guest post is by Alison Taylor. 

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THE DECEIVERS

  • 20 May, 2016
  • AML/CTF, Financial Crimes

. [...]

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3 new Craigslist scams spreading now

  • 22 May, 2016
  • AML/CTF, Financial Crimes

If you use Craigslist, you know you have to be careful. Three new s. [...]

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Panama Papers: why we are looking at global corruption the wrong way

  • 23 May, 2016
  • AML/CTF, Financial Crimes

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Operation Tabernula: AML Lessons learned

  • 23 May, 2016
  • AML/CTF, Financial Crimes

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Five most common myths about web security

  • 28 May, 2016
  • AML/CTF, Financial Crimes

Almost 3 terabytes of Continue Reading

Hahn to return funds from businessman fined in campaign money-laundering case

  • 28 May, 2016
  • AML/CTF, Financial Crimes

A representative for U.S. Rep. Janice Hahn said Friday that her campaign will return $1,500 from a busines. [...]

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Beware public mobile charging points - your phone can be hacked in minutes

  • 29 May, 2016
  • AML/CTF, Financial Crimes

 

Your smartphone can be easily Continue Reading

A Strategist's Guide to Blockchain

  • 29 May, 2016
  • AML/CTF, Financial Crimes

The distributed ledger technology that started with bitcoin is rapidly becoming a crowdsourced system for all types of verification.. [...]

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Lebanon pirates 70 percent of its software

  • 30 May, 2016
  • AML/CTF, Financial Crimes

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Miami money-laundering case may define whether Bitcoin is really money

  • 30 May, 2016
  • AML/CTF, Financial Crimes

In a Miami money-laundering case that is being closely watched around the world, an economics professor took to the witness stand Friday to offer a tu. [...]

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KYC moving beyond simple identity

  • 30 May, 2016
  • AML/CTF, Financial Crimes

The Identity & KYC conference in London hosted a workshop on using blockchain technology . [...]

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Panama Papers confirm Canadian billionaire and university benefactor as mystery man in global bribery case

  • 30 May, 2016
  • AML/CTF, Financial Crimes

McGill and York need better 'due diligence' after accepting donations from embattled tycoon, critic says

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What's in the Panama Papers database and how to search it

  • 30 May, 2016
  • AML/CTF, Financial Crimes

Leaked files contain identities of people behind more than 200,000 offshore accounts

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PALM BEACH PERV Jeffrey Epstein Accused of Running Ponzi Scheme!

  • 31 May, 2016
  • AML/CTF, Financial Crimes

PALM BEACH — Already branded a sex offender by the state of Florida, pervy financier Continue Reading

Customer Due Diligence Final Rule Requirements by FinCEN

  • 31 May, 2016
  • AML/CTF, Financial Crimes

On May 11, 2016, the Financial Crimes Enforcement Network (“FinCEN”) issued the final version of its long-awaited &ld. [...]

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FATF Ending Impunity: Creating a level playing field by enforcing the conventions we have

  • 3 Jun, 2016
  • AML/CTF, Financial Crimes

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The harmony between a Certified Anti-Money Laundering Specialist and a Financial Crime Specialist

  • 3 Jun, 2016
  • AML/CTF, Financial Crimes

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FCA Research into the issue of de-risking

  • 6 Jun, 2016
  • AML/CTF, Financial Crimes

Background

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Trade finance Six AML Red Flags

  • 7 Jun, 2016
  • AML/CTF, Financial Crimes

By. [...]

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U.S. Treasury: Beneficial Ownership AML rules to require updating customer ID programs

  • 8 Jun, 2016
  • AML/CTF, Financial Crimes

The U..S. Treasury's Financial Crimes Enforcement Network (FinCEN) recently issued final rules for customer due diligence requirements r. [...]

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US designates North Korea "Primary Money Laundering Concern"

  • 9 Jun, 2016
  • AML/CTF, Financial Crimes

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Action plan for anti-money laundering and counter-terrorist finance

  • 9 Jun, 2016
  • AML/CTF, Financial Crimes

The Home Office and HM Treasury have published an action plan for anti-money laundering and counter-terrorist finance. 

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Launderers in the news - June 2016

  • 9 Jun, 2016
  • AML/CTF, Financial Crimes

Woman sentenced for helping to launder proceeds from stolen BT equipment (Coventry)

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Cleaning up: Law Firms and the Risk of Money Laundering

  • 9 Jun, 2016
  • AML/CTF, Financial Crimes

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What You Can Do to Avoid Investment Fraud

  • 10 Jun, 2016
  • AML/CTF, Financial Crimes

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BBA backs merger plan

  • 10 Jun, 2016
  • AML/CTF, Financial Crimes

The Brit. [...]

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LEBANESE CENTRAL BANK GOVERNOR: LEBANON ON POLITICAL DEADLOCK

  • 11 Jun, 2016
  • AML/CTF, Financial Crimes

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Events marked Lebanese Banking Sector - LCB Case: Lesson to be learned

  • 15 Jun, 2016
  • AML/CTF, Financial Crimes

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Spanish prosecutors detail money laundering accusations against ICBC - The Chinese bank

  • 16 Jun, 2016
  • AML/CTF, Financial Crimes

* Police raided ICBC's Madrid branch in February

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The Infiltrator - Rober Mazur reviews changing AML scene

  • 16 Jun, 2016
  • AML/CTF, Financial Crimes

About the Ex-Undercover Agent Robert Mazur

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Should You File an AML Suspicious Activity Report Flowchart?

  • 17 Jun, 2016
  • AML/CTF, Financial Crimes

The decision on whether alerted transaction activity raises to the level of SAR filing is complex and requ. [...]

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Five Ways to Find Ultimate Beneficial Ownership

  • 17 Jun, 2016
  • AML/CTF, Financial Crimes

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What ISIS Is Banking On

  • 18 Jun, 2016
  • AML/CTF, Financial Crimes

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How to Steal by Double Paying a Vendor

  • 19 Jun, 2016
  • AML/CTF, Financial Crimes

By Bachir El Nakib (CAMS), Senior Consultant, Co. [...]

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How Honest People Steal

  • 19 Jun, 2016
  • AML/CTF, Financial Crimes

The Theft

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Two arrested over Blom Bank blast in Lebanon

  • 19 Jun, 2016
  • AML/CTF, Financial Crimes

Men are members of a paramilitary group affiliated to Hezbollah which is widely believed to have orchestrated the blast<. [...]

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VIRTUAL CURRENCY BLOWN BY HACKERS DIVERT $50mn

  • 19 Jun, 2016
  • AML/CTF, Financial Crimes

New York: Hackers have diverted more than $50 million in digital currency from an experimental fund meant to dem. [...]

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Lebanon second in region on remittances

  • 20 Jun, 2016
  • AML/CTF, Financial Crimes

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Four Points on AML Compliance

  • 20 Jun, 2016
  • AML/CTF, Financial Crimes

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Losses From Business Email Compromise Scams Top $3.1 Billion: FBI

  • 20 Jun, 2016
  • AML/CTF, Financial Crimes

Just two months ago, the Federal Bureau of Investigation (FBI) said that cybercriminals had managed to scam <. [...]

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Death Penalty for Swiss bank complicit in 1MDB AML morass

  • 20 Jun, 2016
  • AML/CTF, Financial Crimes

‘Serious breaches’ of AML Compliance

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Goldman Sachs Compliance leaked emails "Red Flags"

  • 21 Jun, 2016
  • AML/CTF, Financial Crimes

Avoid writing “I am not a happy camper” in Goldman Sachs’ emails.

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Goldman Sachs: A Nama letter and the links to a $6bn fraud probe

  • 21 Jun, 2016
  • AML/CTF, Financial Crimes

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Latvian Banks Promote Money Laundering Companies

  • 21 Jun, 2016
  • AML/CTF, Financial Crimes

Documents leaked to the Organized Crime and Corruption Reporting Project (OCC. [...]

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AML De-Risking: Regulators Warn No Big Brooms

  • 30 Jun, 2016
  • AML/CTF, Financial Crimes

Regulators on both sides of the Atlantic are putting banks in a Catch-22 of established regulatory penalties for . [...]

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Cyber Security: What level of Chief Information Security Officer do you need?

  • 30 Jun, 2016
  • AML/CTF, Financial Crimes

What level of CISO do you have?

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Global counter-terrorism database World-Check leaks online

  • 30 Jun, 2016
  • AML/CTF, Financial Crimes

At least one non-authorized person obtained sensitive infor. [...]

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DFS ISSUES FINAL ANTI-TERRORISM TRANSACTION MONITORING AND FILTERING PROGRAM REGULATION

  • 1 Jul, 2016
  • AML/CTF, Financial Crimes

Press Release

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IMF U.S. review urges more risk oversight of asset managers and insurance, AML reforms

  • 1 Jul, 2016
  • AML/CTF, Financial Crimes

An International Monetary Fund (IMF) Continue Reading

Staggering $24M cash found hidden in a secret room in Miami drug raid

  • 2 Jul, 2016
  • AML/CTF, Financial Crimes

Two siblings are facing multiple drugs charges after police in Miami seized a record $24 milli. [...]

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FATF: Charities are not inherently at risk of terrorist abuse

  • 2 Jul, 2016
  • AML/CTF, Financial Crimes

30 June 2016 by Rebecca Cooney

 

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Body of evidence: Biometrics and YOU

  • 2 Jul, 2016
  • AML/CTF, Financial Crimes

The proliferation of password protection has become an assault on the senses. The rise of biometric authentication is helping to create some balance, enabling ver. [...]

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Isis Crisis: Facebook makes Bristol lass an unperson

  • 2 Jul, 2016
  • AML/CTF, Financial Crimes

Not so long ago you could barely move on Facebook for all the exquisitely crafted beheading videos. Now you can’t even watch a cute cat video – if you. [...]

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DOES CRIME STILL PAY?

  • 2 Jul, 2016
  • AML/CTF, Financial Crimes

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Human Trafficking money Red Flags

  • 2 Jul, 2016
  • AML/CTF, Financial Crimes

Law enforcement is failing to connect migrant smuggling with the generation and distribution of criminal money. This is despite the fact. [...]

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Investors and Money Laundering Due Diligence Questions

  • 5 Jul, 2016
  • AML/CTF, Financial Crimes

If you want to learn about due diligence, you've come to the right place. This introduction to due diligence covers the basics. [...]

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Stages of money laundering

  • 6 Jul, 2016
  • AML/CTF, Financial Crimes

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The Washing Cycle - Stage Two - Layering (Video)

  • 6 Jul, 2016
  • AML/CTF, Financial Crimes

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The Washing Cycle - Stage One - Placement

  • 6 Jul, 2016
  • AML/CTF, Financial Crimes

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The Washing Cycle - Stage Three - Integration

  • 6 Jul, 2016
  • AML/CTF, Financial Crimes

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Introduction to Money Laundering

  • 6 Jul, 2016
  • AML/CTF, Financial Crimes

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Dangers involved in Money Laundering

  • 6 Jul, 2016
  • AML/CTF, Financial Crimes

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Self protection against money laundering

  • 6 Jul, 2016
  • AML/CTF, Financial Crimes

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International and regional bodies that combat money laundering (Part A)

  • 6 Jul, 2016
  • AML/CTF, Financial Crimes

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International and regional bodies that combat money laundering (part B)

  • 6 Jul, 2016
  • AML/CTF, Financial Crimes

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International and regional bodies that combat money laundering (part C)

  • 6 Jul, 2016
  • AML/CTF, Financial Crimes

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CA - discussions on PEPs Free Lists (2008)

  • 10 Jul, 2016
  • AML/CTF, Financial Crimes

Compilation of Compliance Alert forum - May 2008 - the following topic was under discussion:
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Why Banks Must Evolve their AML Process to Manage Micro-Jurisdictional Risk

  • 10 Jul, 2016
  • AML/CTF, Financial Crimes

The Evolution of Sanctions 

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Question on money transmitters and article on EU sanction list (July 2006)

  • 10 Jul, 2016
  • AML/CTF, Financial Crimes

Dear AML Group
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Where's the money coming from?

  • 10 Jul, 2016
  • AML/CTF, Financial Crimes

By . [...]

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BIS issue recommendations to combat de-risking in correspondent banking

  • 14 Jul, 2016
  • AML/CTF, Financial Crimes

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Fraud? What fraud? Watchdogs find UN in 'a state of near denial' about internal corruption

  • 14 Jul, 2016
  • AML/CTF, Financial Crimes

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RPT-New Zealand sets up trust register to curb tax evasion, money laundering

  • 15 Jul, 2016
  • AML/CTF, Financial Crimes

By Charlotte Greenfield

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Federal Financial Institutions Examination Council Manual targets cash-vault services for AML scrutiny

  • 15 Jul, 2016
  • AML/CTF, Financial Crimes

The BSA AML Manual issued by Federal Financial Institutions Examination Council (2014) Continue Reading

A dangerous shell game

  • 15 Jul, 2016
  • AML/CTF, Financial Crimes

As the official overseeing the U.S. government’s efforts to track terrorist and illicit money flows, I’m often asked about the novel or obscure ways that criminals or ter. [...]

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THE 9-11 COMMISSION REPORT

  • 17 Jul, 2016
  • AML/CTF, Financial Crimes

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Manhattan U.S. Attorney Announces Extradition Of Former Chairman And CEO Of Technology Start-Up Company Kit Digital

  • 18 Jul, 2016
  • AML/CTF, Financial Crimes

Manhattan U.S. Attorney Announces Extradition Of Former Chairman And CEO Of . [...]

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Shedding light on the dark web

  • 18 Jul, 2016
  • AML/CTF, Financial Crimes

The drug trade is moving from the street to online cryptomarkets. Forced to compete on price and q. [...]

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How To Avoid A Honeypot.

  • 18 Jul, 2016
  • AML/CTF, Financial Crimes

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FATF seeks Improving transparency and beneficial ownership

  • 18 Jul, 2016
  • AML/CTF, Financial Crimes

It’s the mid-point of 2016, and no issue has been bigger in AML/CFT this year than the identifi. [...]

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INVESTMENT ADVISERS AND THE BANK SECRECY ACT: A RISK'-BASED RESPONSE TO FINCENS CALL TO ARMS

  • 21 Jul, 2016
  • AML/CTF, Financial Crimes

with co-author 

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Syria Designations; Non-proliferation Designations

  • 21 Jul, 2016
  • AML/CTF, Financial Crimes

Syria Designations; Non-proliferation Designations
7/21/2016
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UK fraud police release wanted list

  • 21 Jul, 2016
  • AML/CTF, Financial Crimes

From top left to right: Alex McKenzie, Sandeep Arora, Levi Coyle, Marius Anton, Felix Rooney; bottom left to right. [...]

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Scottish shell firms used to launder money in E. Europe with govt certificates

  • 21 Jul, 2016
  • AML/CTF, Financial Crimes

Scottish shell firms are being marketed in Eastern Europe as money laundering and tax avoidance vehicles. [...]

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Corporate America is Allowing Sharia to Creep In

  • 23 Jul, 2016
  • AML/CTF, Financial Crimes

Muslims make up only one percent of the population, but file 40% of workplace discrimination complaints.

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It’s Not the Bomb, It’s Not the Gun, It’s Not the Truck

  • 23 Jul, 2016
  • AML/CTF, Financial Crimes

Get rid of all those things, and you still have the problem. This week has seen a worldwide rash of stabbings and hackings, too.

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Poor training and procedures key triggers for AML violations

  • 23 Jul, 2016
  • AML/CTF, Financial Crimes

Insufficient training has been the root cause of many enforcement actions relating to anti-money laundering (AML) and know your customer (KYC), and firms need to ensure they allocate enough resources to training staff, an official said.
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FinCEN Expands Reach of Real Estate "Geographic Targeting Orders" Beyond Manhattan and Miami

  • 28 Jul, 2016
  • AML/CTF, Financial Crimes

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MAS name and shame banks following 1MDB-related investigations

  • 28 Jul, 2016
  • AML/CTF, Financial Crimes

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How the misuse of SWIFT MT 202 is fuelling financial crime

  • 30 Jul, 2016
  • AML/CTF, Financial Crimes

Keith Furst, Founder of Continue Reading

2016 Basel AML Index

  • 30 Jul, 2016
  • AML/CTF, Financial Crimes

The Basel AML Index is an annual ranking assessing country risk regarding money laundering/terrorism . [...]

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Six compliance lessons from the Iran nuclear sanctions deal

  • 30 Jul, 2016
  • AML/CTF, Financial Crimes

 On July 14, 2015, the so-called E3/EU+3 group* and the Islamic Republic of Iran announced their agreement on a Joint Comprehens. [...]

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Top 5 Money Laundering Cases of the Last 30 Years

  • 30 Jul, 2016
  • AML/CTF, Financial Crimes

by: Holly Whitehead

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The Post-Soviet States Money-Laundering Case Studies

  • 1 Aug, 2016
  • AML/CTF, Financial Crimes

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Money Laundering and Beneficial Ownership: Challenges for the Government

  • 1 Aug, 2016
  • AML/CTF, Financial Crimes

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ORAL ARGUMENT SCHEDULED ON KEY MOTIONS IN ZARRAB IRAN SANCTIONS CASE

  • 2 Aug, 2016
  • AML/CTF, Financial Crimes

A U.S. court has ruled to start the trial of Reza Zarrab, an Iranian-born Turkish businessman who was arrested in Miami in March. [...]

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U.S. loses $2.3 trillion due to mispricing of trade goods

  • 4 Aug, 2016
  • AML/CTF, Financial Crimes

Trillions of dollars may be missing from U.S. government coffers due t. [...]

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Worldwide Implications of New York AML Regulations

  • 4 Aug, 2016
  • AML/CTF, Financial Crimes

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New Techniques Used to Target Business Email

  • 10 Aug, 2016
  • AML/CTF, Financial Crimes

An Internet-security firm Thursday offered new. [...]

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Money laundering rule on prepaid cards stalled after industry pushback

  • 10 Aug, 2016
  • AML/CTF, Financial Crimes

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Anti-Money Laundering Red Flags for Prepaid Cards

  • 12 Aug, 2016
  • AML/CTF, Financial Crimes

Posted Continue Reading

7 Open Sources to Find PEP Information

  • 12 Aug, 2016
  • AML/CTF, Financial Crimes

Posted Continue Reading

The Problems with Negative News Batch Screening

  • 12 Aug, 2016
  • AML/CTF, Financial Crimes

Posted Continue Reading

Trade-Based Money Laundering: A Case Study

  • 14 Aug, 2016
  • AML/CTF, Financial Crimes

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Malta's Money-Laundering Headache

  • 15 Aug, 2016
  • AML/CTF, Financial Crimes

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Financial institutions' KYC process under the spotlight following BSI Bank's closure

  • 15 Aug, 2016
  • AML/CTF, Financial Crimes

BSI Bank's breach of Singapore's anti-money laundering regu. [...]

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Due Diligence framework for handling Non-Profit Organisation (NPO) transactions

  • 17 Aug, 2016
  • AML/CTF, Financial Crimes

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Mapping The Islamic State: ISIS OR ISIL OR IS

  • 19 Aug, 2016
  • AML/CTF, Financial Crimes

By Bachir El Nakib, Founder Compliance Alert 

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Analysis: SWIFT-Related Heists: Who's to Blame?

  • 23 Aug, 2016
  • AML/CTF, Financial Crimes

A Reuters Continue Reading

U.S. Treasury Releases Joint Fact Sheet On Anti-Money Laundering And Sanctions

  • 31 Aug, 2016
  • AML/CTF, Financial Crimes

Complementary Goals - Protecting the Financial System from Abuse and Expanding Access to the Financial System

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Learn the compliance lessons from an epic fail in correspondent banking and trade finance

  • 31 Aug, 2016
  • AML/CTF, Financial Crimes

NEW YORK, July 16 (Thomson Reuters Accelus) – A Settlement Agreement was released in June 2012 by the United States Department of the Tre. [...]

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Banking Regulators Clarify Expectations Over AML Enforcement

  • 2 Sep, 2016
  • AML/CTF, Financial Crimes

 

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Make dirty money "clean" by sending it through a restaurant

  • 4 Sep, 2016
  • AML/CTF, Financial Crimes

 No one would have described Mizu S. [...]

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Six ways to spot money laundering in your business

  • 4 Sep, 2016
  • AML/CTF, Financial Crimes

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A Syrian Terrorist Due Diligence:Who was Abu Mohammad al-Adnani

  • 5 Sep, 2016
  • AML/CTF, Financial Crimes

 

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The Anatomy of an ISIS Supporter

  • 5 Sep, 2016
  • AML/CTF, Financial Crimes

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How Spy Tech Firms Let Governments See Everything on a Smartphone

  • 5 Sep, 2016
  • AML/CTF, Financial Crimes

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CYBER RISK SELF ASSESSMENT CHECKLIST

  • 5 Sep, 2016
  • AML/CTF, Financial Crimes

Revised By: Bachir El Nakib (CAMS), . [...]

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High-Tech Crime: A New Frontier for Transnational Criminal Organizations

  • 7 Sep, 2016
  • AML/CTF, Financial Crimes

Revised by Bachir El Nakib

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What is Fraud Triangle?

  • 8 Sep, 2016
  • AML/CTF, Financial Crimes

Revised by: Bachir El Nakib

Most fraudulent acts, goes back to three circumstances lead to the c. [...]

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Assessing Terrorist Finance: A Regional Approach

  • 10 Sep, 2016
  • AML/CTF, Financial Crimes

For fifteen years, efforts to tackle terrorist finance have been long on words and short on a. [...]

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Trade Based Money Laundering - Merchant-Based Phantom Shipment

  • 10 Sep, 2016
  • AML/CTF, Financial Crimes

Revised by: Bachir El Nakib

F. [...]

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CROSS-BORDER DIAMOND LAUNDERING

  • 12 Sep, 2016
  • AML/CTF, Financial Crimes

The illegal trade in rough diamonds through border towns of Gbitti, Kentzou and Garoua-Boulai in eastern Cameroo. [...]

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SWIFT - Variations in US/EU law can lead to compliance challenges for multinational banking communit

  • 13 Sep, 2016
  • AML/CTF, Financial Crimes

New academic research from the SWIFT Institute shows that conflicts between information sharing and data privacy can lead . [...]

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Money Laundering: Pulling out the rug - Turkey slips back

  • 13 Sep, 2016
  • AML/CTF, Financial Crimes

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INSIDER THREATS

  • 13 Sep, 2016
  • AML/CTF, Financial Crimes

Don't let departing employees leave with valuable intellectual property. Use digit. [...]

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Lebanon Prime Minister Salam - Strong state and president needed to confront extremism

  • 14 Sep, 2016
  • AML/CTF, Financial Crimes

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How Do Criminals Launder Money Through a Restaurant?

  • 14 Sep, 2016
  • AML/CTF, Financial Crimes

No one would have described M. [...]

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Cyber risk in financial firms is a key concern – Central Bank Guidance

  • 16 Sep, 2016
  • AML/CTF, Financial Crimes

Yesterday (13 September), the Central Bank issued through its Policy & Risk Directorate, a Continue Reading

Fourth Money Laundering Directive and revised Wire Transfer Regulation

  • 16 Sep, 2016
  • AML/CTF, Financial Crimes

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Let the record show that Well Fargo CEO John Stupmf admits he is an idiot.

  • 16 Sep, 2016
  • AML/CTF, Financial Crimes

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FATF mutual evaluation identifies significant faults in Canada Anti-Money Laundering regime

  • 16 Sep, 2016
  • AML/CTF, Financial Crimes

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Why did the Auditors sing off accounts of bank that funded drug barons and terrorists?

  • 20 Sep, 2016
  • AML/CTF, Financial Crimes

Charlotte Freeman and Shannon Millican, the widows of two of the soldi. [...]

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Canada AML Agencies offer to address concerns of FATF

  • 20 Sep, 2016
  • AML/CTF, Financial Crimes

Several Canadian government agencies responsible for anti-money laundering and countering the financing of terrorism (AML/CFT) defended their work in respond. [...]

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Elizabeth Warren Hammers Wells Fargo CEO:

  • 20 Sep, 2016
  • AML/CTF, Financial Crimes

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SWIFT announces new security tool to strengthen customer fraud controls

  • 22 Sep, 2016
  • AML/CTF, Financial Crimes

Helping customer detect fraudulent payments

  1. Anti-f. [...]

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Wells Fargo hearing signal new era in bank compliance; enforcements loom

  • 22 Sep, 2016
  • AML/CTF, Financial Crimes

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Financing "Terrorism: "The refugee crisis is the perfect storm'

  • 22 Sep, 2016
  • AML/CTF, Financial Crimes

In her bo. [...]

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Yahoo confirms state 'sponsored' personal data hack of 500m accounts

  • 23 Sep, 2016
  • AML/CTF, Financial Crimes

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Fraud soars by 53% in a year as scammers get sophisticated

  • 23 Sep, 2016
  • AML/CTF, Financial Crimes

Financial services providers are launching a national campaign to combat rise in fraud and remind customers to stop and think.

. [...]

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Waste Crime is 'The New Narcotics', says British Environment Agency chief

  • 23 Sep, 2016
  • AML/CTF, Financial Crimes

Sir James Bevan, head of the UK agency, says waste crime offers huge profits while costing England £1bn a year

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FBI-Military Success Against ISIS Will Create 'Terrorist Diaspora'

  • 29 Sep, 2016
  • AML/CTF, Financial Crimes

 

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SWIFT says bank hacks set to increase

  • 29 Sep, 2016
  • AML/CTF, Financial Crimes

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Swift to "Name and Shame" banks who fail to meet security standards

  • 1 Oct, 2016
  • AML/CTF, Financial Crimes

Interban. [...]

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THE SIXTH ANNUAL FORUM FOR HEADS OF AML / CFT COMPLIANCE UNITS IN ARAB BANKS AND FINANCIAL INSTITUIONS

  • 2 Oct, 2016
  • AML/CTF, Financial Crimes

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North Africa Future Banking Awards 2016

  • 2 Oct, 2016
  • AML/CTF, Financial Crimes

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12 reasons GDPR will impact the whole of your business and not just IT

  • 7 Oct, 2016
  • AML/CTF, Financial Crimes

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Saudis and expatriates face trial for US$3.73 Billion = SR14 billion hawala deal

  • 7 Oct, 2016
  • AML/CTF, Financial Crimes

Saudi Arabia will prosecute a number. [...]

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Cracking The Code on Ultimate Beneficial Ownership

  • 14 Oct, 2016
  • AML/CTF, Financial Crimes

In Continue Reading

Cybersecurity Rules: New York State Financial Services Requirements

  • 15 Oct, 2016
  • AML/CTF, Financial Crimes

Bachir El Nakib

The new cybersecurity rules prop. [...]

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Legislation to criminalise failure to prevent tax evasion published

  • 15 Oct, 2016
  • AML/CTF, Financial Crimes

Bachir El Nakib

Plans to criminalise companies that fail to put in place measures to prevent the facilitation of tax evasion by their employees and representative. [...]

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Missing trader fraud (MTIC)

  • 15 Oct, 2016
  • AML/CTF, Financial Crimes

Bachir El Nakib

Missing trader fraud, also known as Missing Trader Intra-Community (MTIC) fraud, is the abuse of the VAT rules on cross-border tran. [...]

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Insider Threats: Using digital forensics to prevent intellectual property theft

  • 15 Oct, 2016
  • AML/CTF, Financial Crimes

Bachir El Nakib

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Lebanon busts terror cell, large weapons cache

  • 15 Oct, 2016
  • AML/CTF, Financial Crimes

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Hiding in plain sight Transaction laundering

  • 15 Oct, 2016
  • AML/CTF, Financial Crimes

Lives Well LLC — a small, domestic start-up — purports to sell herbal teas and specialty . [...]

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Fraud's Worst Enemy A Strong Code of Ethics

  • 15 Oct, 2016
  • AML/CTF, Financial Crimes

“How do you define honesty?” . [...]

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Be Prepared Before You Blow the Whistle

  • 15 Oct, 2016
  • AML/CTF, Financial Crimes

By Patricia A. Patrick, Ph.D., CFE, CPA, CGFM

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Reporting misconduct

  • 15 Oct, 2016
  • AML/CTF, Financial Crimes

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Joint G20 ACWG-FATF Experts Meeting on Corruption

  • 18 Oct, 2016
  • AML/CTF, Financial Crimes

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Outcomes of the FATF Plenary meeting, Paris, 19-21 October 2016

  • 21 Oct, 2016
  • AML/CTF, Financial Crimes

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59 High-risk and non-cooperative jurisdictions Publications:

  • 22 Oct, 2016
  • AML/CTF, Financial Crimes

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FATF - Public Statement - 21 October 2016

  • 22 Oct, 2016
  • AML/CTF, Financial Crimes

Public Statement - 21 October 2016

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FATF - Fines and compliance costs have driven de-risking

  • 27 Oct, 2016
  • AML/CTF, Financial Crimes

The Financial Action Task Force (FATF) has found that supervisory penalties and anti-money laundering (AML) compliance costs have contributed significantly t. [...]

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De-risking - OCC Releases Risk Reevaluation Guidance for Foreign Correspondent Banking

  • 27 Oct, 2016
  • AML/CTF, Financial Crimes

The growing problem of de-risking in correspondent banking cannot be eliminated through regulatory instruments like the. [...]

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Wealth Management Due Diligence Processes

  • 3 Nov, 2016
  • AML/CTF, Financial Crimes

 

Private banking activities are generally defined as providing personalized services to higher net worth customers (e.g., estate planning, financial advice, lending, investment management. [...]

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The Art of Conducting Third Party Due Diligence: The Unaoil Case

  • 5 Nov, 2016
  • AML/CTF, Financial Crimes

The Art of Conducting Third Party Due Diligence: The Unaoil Case

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State-of-the-art: data analytics for public sector fraud detection and mitigation

  • 5 Nov, 2016
  • AML/CTF, Financial Crimes

Scott Mongeau, Senior Manager Business Solutions, Fraud and Financial Crime (SAS Institute)

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Money Laundering and Terrorist Financing Vulnerabilities of Legal Professionals

  • 12 Nov, 2016
  • AML/CTF, Financial Crimes

Narrated by: Bachir El Nakib, CAMS, ACFE, CFAP

In many ways, client identification and verification is primary in anti-money laundering compli. [...]

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Narration of PEPs Definitions in multiple jurisdictions

  • 14 Nov, 2016
  • AML/CTF, Financial Crimes

Monday 14 November 2016

By Bachir El Nakib, CAMS, ACFE, CFAP

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How International Anti-Money Laundering Norms Are Frustrating Iran Sanctions Relief

  • 22 Nov, 2016
  • AML/CTF, Financial Crimes

When it comes to implementation of the Joint Comprehensive Plan of Action (JCPOA), Donald Trump’s election may give. [...]

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Leading case on the criminal liability of corporations for money laundering

  • 22 Nov, 2016
  • AML/CTF, Financial Crimes

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Treasury’s Financial Crimes Unit Releases Cyber Guidance

  • 22 Nov, 2016
  • AML/CTF, Financial Crimes

The Treasury Department’s Financial Crimes Enforcement Netw. [...]

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EU Parliament: Tougher rules on money laundering to fight tax evasion and terrorist financing

  • 23 Nov, 2016
  • AML/CTF, Financial Crimes

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LONDON PROPERTY: A TOP DESTINATION FOR MONEY LAUNDERERS

  • 14 Dec, 2016
  • AML/CTF, Financial Crimes

Using multiple data sources, this report finds that. [...]

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FMA: Anti-money laundering and countering financing of terrorism monitoring report

  • 14 Dec, 2016
  • AML/CTF, Financial Crimes

FMA(NZ): This report summarises our monitoring activities to help firms and individuals better understand our expectations and how they can improve their. [...]

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FATF: Measures to combat money laundering and the financing of terrorism and proliferation in Switzerland

  • 14 Dec, 2016
  • AML/CTF, Financial Crimes

The FATF conducted an assessment of Switzerland’s anti-money laundering and counter-terrorist financing (A. [...]

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Terrorism Financing Methods: An Overview

  • 16 Dec, 2016
  • AML/CTF, Financial Crimes

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Lebanon Report: Banking and Securities Vs. AML/CFT

  • 21 Dec, 2016
  • AML/CTF, Financial Crimes


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What happens, then, when the CCO and the MLRO is personally accused of wrongdoing?

  • 28 Dec, 2016
  • AML/CTF, Financial Crimes

By Bachir El Nakib, CAMS

Founder, Senior Consultant, Compliance Alert (LLC)

The Chief Compliance Officer (COO) primary . [...]

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Chase Stolen Passwords Fuel Cardless ATM Fraud

  • 13 Jan, 2017
  • AML/CTF, Financial Crimes

Some financial institutions are now offering so-called “cardless ATM” transactions that allow customers to withdraw cash . [...]

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Weaponized AI, digital espionage and other technology risks for 2017

  • 13 Jan, 2017
  • AML/CTF, Financial Crimes

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WhatsApp backdoor allows snooping on encrypted messages

  • 13 Jan, 2017
  • AML/CTF, Financial Crimes

A security backdoor that can be used to allow Continue Reading

High alert: Selling your Smartphone will put you at risk

  • 19 Jan, 2017
  • AML/CTF, Financial Crimes

* Improperly disposing old handsets leaves users vulnerabl. [...]

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Western Union agreed to pay USD.586 million for aiding wire fraud and anti-laundering lapses

  • 21 Jan, 2017
  • AML/CTF, Financial Crimes

Western Union Co, the world's biggest money-transfer company, agreed to pay $586 million and admitted to turning a blind eye as criminals used its service for money laundering and fraud, U.S. authorities said on Thurs. [...]

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SWIFT, The DTCC and How Blockchain Will Go Mainstream

  • 21 Jan, 2017
  • AML/CTF, Financial Crimes

We caught a glimpse last week of how blockchain tech will go mainstream.

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SWIFT systems of three Indian banks compromised to create fake trade documents

  • 22 Jan, 2017
  • AML/CTF, Financial Crimes

Indian Continue Reading

3561 ARTEFACTS SEIZED IN OPERATION PANDORA

  • 24 Jan, 2017
  • AML/CTF, Financial Crimes

Europol has joined forces with law enforcement autho. [...]

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THE BVI Anti-Money Laundering Country Rreport

  • 27 Jan, 2017
  • AML/CTF, Financial Crimes

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THE DEUTSCHE BANK MIRROR TRADES - MOSCOW LANDROMAT'S $10-BILLION SCANDAL CASE STUDY

  • 5 Feb, 2017
  • AML/CTF, Financial Crimes

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Trade-Based-Money-Laundering New guidance from Wolfsberg Group

  • 5 Feb, 2017
  • AML/CTF, Financial Crimes

Bachir El Nakib, Senior Consultant Compliance Al. [...]

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Building and Maintaining a Correspondent Banking Risk Based Approach

  • 9 Feb, 2017
  • AML/CTF, Financial Crimes

Bachir El Nakib, Senior Consultant Compliance Alert (LLC)

9 February 2017

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Understanding Back-To-Back Letters of Credit Laundering Risks

  • 19 Feb, 2017
  • AML/CTF, Financial Crimes

Bachir El Nakib, Senior Consultant, Compliance Alert (LLC)

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Why Did US Blacklist Most Latin American Countries for Money Laundering?

  • 18 Mar, 2017
  • AML/CTF, Financial Crimes

 

Written by Mimi Yagoub,  
Friday, 17 March 2017

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The Russian Laundromat Exposed in Full

  • 23 Mar, 2017
  • AML/CTF, Financial Crimes

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From London to St Petersburg Terror attacks and WhatApp encrypted messages and the

  • 4 Apr, 2017
  • AML/CTF, Financial Crimes

Doha, 4th April 2017

Review by Continue Reading

Procedures for Ongoing Money Laundering and Financing of Terrorism Transactions Monitoring

  • 14 Apr, 2017
  • AML/CTF, Financial Crimes

14 April 2017

By, Bachir El Nakib, Senior Consultant, Compliance Alert (LLC)

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The money machine: how a high-profile corruption investigation fell apart

  • 22 Apr, 2017
  • AML/CTF, Financial Crimes

 

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Major flaws in European anti-money laundering regimes exposed by new Transparency International EU report

  • 26 Apr, 2017
  • AML/CTF, Financial Crimes

BRUSSELS, April 25, 2017 - The current EU anti-money laundering regime does n. [...]

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Florida passes law making crimes with bitcoin money laundering

  • 11 May, 2017
  • AML/CTF, Financial Crimes

 

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Cloud computing and data protection – black clouds over the cloud?

  • 12 May, 2017
  • AML/CTF, Financial Crimes

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The WannaCry Alert - Stopping a Global Cyber Attacks

  • 16 May, 2017
  • AML/CTF, Financial Crimes

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Qatar, accused of supporting terrorism, hires ex-U.S. attorney general to bolster compliance record

  • 14 Jun, 2017
  • AML/CTF, Financial Crimes

The government of Qatar has hired John Ashcroft, the U.S. attorney general during the Sept. 11 attacks, as it seeks to rebut accusations from U.S. President . [...]

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Merkel government embedding new AML/CFT Act ahead of 4MLD deadline

  • 14 Jun, 2017
  • AML/CTF, Financial Crimes

The new German Anti-Money Laundering Act finally has passed both chambers of parliament and will become mandatory by th. [...]

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Addressing Terrorism Funding Threats through Charitable Foundations

  • 22 Jun, 2017
  • AML/CTF, Financial Crimes

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Ponzi Schemes - Frequently Asked Questions, Bernie Madoff

  • 29 Jun, 2017
  • AML/CTF, Financial Crimes

Revised-edited, by Bachir El Nakib, Senior Consultant, Compliance Alert (LLC)

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How Do Criminals Launder Money Through a Restaurant?

  • 8 Jul, 2017
  • AML/CTF, Financial Crimes

Revised by Bachir El Nakib, Senior Consultant Compliance Alert (LLC)

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The G 20 Leaders' statement on Fighting Terrorism Financing

  • 9 Jul, 2017
  • AML/CTF, Financial Crimes

Jul 9, 2017 06.45
By Bachir El Nakib, Senior Consultant, Compliance Alert (LLC)

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The 5 Fundamentals of identifying the Ultimate Beneficial Owner

  • 9 Jul, 2017
  • AML/CTF, Financial Crimes

Beirut 9 July, 2017 08.20

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The U.K. Regulator "FCA" - issue final guidance on PEPs for MLRO

  • 12 Jul, 2017
  • AML/CTF, Financial Crimes

Beirut 12 July, 2017 05.45

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FATF's Draft - Information Sharing Public Consultation

  • 12 Jul, 2017
  • AML/CTF, Financial Crimes

Beirut 12 July, 2017 05.58

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U.S. and Qatar agree to combat terror finance amid the blockade by KSA, UAE, Bahrain and Egypt

  • 16 Jul, 2017
  • AML/CTF, Financial Crimes

16th July 2017, Bachir El Nakib (CAMS), Senior Consultant, Compliance Alert (LLC)

The United States of America and the S. [...]

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British Bitcoin Dealer Wanted in U.S. arrested in Morocco

  • 31 Jul, 2017
  • AML/CTF, Financial Crimes

31st July 2017, Bachir El Nakib, Senior Consultant, Compliance Alert (LLC)

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Les Techniques de Blanchiment d'Argent

  • 4 Aug, 2017
  • AML/CTF, Financial Crimes

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Hong Kong under the spotlight in Australian money laundering case

  • 18 Aug, 2017
  • AML/CTF, Financial Crimes

Australia’s financial watchdog, Austrac has filed a case against Commonwealth Bank of Australia (CBA) – one of the country’s “big four” banks &n. [...]

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China Fines Citibank, Four Others For Breaching Mortgage And Credit Card Rules

  • 18 Aug, 2017
  • AML/CTF, Financial Crimes

Citigroup and four other Chinese banks have been fined a combined 14 million yuan (US$2.1 million) by China’s banking regulator in Shanghai for breaching mortgage and c. [...]

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Hong Kong Securities and Futures Commission' s Consultation on Proposals to Reduce Hacking Risks in Internet Trading

  • 18 Aug, 2017
  • AML/CTF, Financial Crimes

On May 8, 2017, the Hong Kong Securities and Futures Commission (SFC) launched a two-month consultation on proposals to reduce and mitigate hacking risks associated with inte. [...]

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Crown Prosecution Service "CPS" to crack down on social media hate crime

  • 22 Aug, 2017
  • AML/CTF, Financial Crimes

Source: The Guardian

 Rhodri Philipps was convicted of sending menacing messages after he o. [...]

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BENEFICIAL OWNERSHIP IDENTIFICATION TOOL

  • 30 Aug, 2017
  • AML/CTF, Financial Crimes

August 29,. [...]

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High-risk customers and PEPs risk mitigation

  • 4 Sep, 2017
  • AML/CTF, Financial Crimes

 

  • By Mark Townsley, Financial Crime Regulatory Affairs Manager at Huntswood

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Caviar Diplomacy: The Azerbaijani Laundromat

  • 10 Sep, 2017
  • AML/CTF, Financial Crimes

The Trump Tower in Baku. Donald Trump’s business p. [...]

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Ownership Registers Delayed By Years

  • 3 Oct, 2017
  • AML/CTF, Financial Crimes

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The Silk Road Chronology

  • 3 Oct, 2017
  • AML/CTF, Financial Crimes

2 October 2017, Revised by Bachir El Nakib (CAMS), Senior Consultant Compliance Alert (LLC) 

 

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Black Money and Tax Havens: Tracing the connection between terrorism and offshore financing

  • 8 Oct, 2017
  • AML/CTF, Financial Crimes

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Lebanon's Law No 44 of November 24, 2015 Fighting Money Laundering and Terrorist Financing

  • 11 Oct, 2017
  • AML/CTF, Financial Crimes

Law No 44 of November 24, 2015

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National risk assessment of money laundering and terrorist financing 2017

  • 2 Nov, 2017
  • AML/CTF, Financial Crimes

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UK government introduces new sanctions and anti-money laundering bill

  • 2 Nov, 2017
  • AML/CTF, Financial Crimes

Bachir El Nakib (CAMS) Senior Consultant Compliance Alert (LLC) Qatar

2 November 2017

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A New Approach to Banking Money Service Businesses (MSBs)

  • 4 Nov, 2017
  • AML/CTF, Financial Crimes

In speaking at various bank and credit union events about the banking of businesses that are  cash intensive, or. [...]

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The Wolfsberg Correspondent Banking Due Diligence Questionnaire 2017

  • 4 Nov, 2017
  • AML/CTF, Financial Crimes

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Outcomes Joint FATF/GAFILAT Plenary, 1-3 November 2017

  • 14 Nov, 2017
  • AML/CTF, Financial Crimes

Buenos Aires, 3 November 2017 –FATF President Mr. Santiago Otamendi and GAFILAT President Mr. Eugenio C. [...]

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LEBANON LEGISLATION BY THE END OF 2015-2016

  • 20 Nov, 2017
  • AML/CTF, Financial Crimes

LEGISLATION BY THE END OF 2015
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LEBANON BANKERS ASSOCIATION: A TOOLKIT FOR OUT-OF-COURT WORKOUTS

  • 20 Nov, 2017
  • AML/CTF, Financial Crimes

A TOOLKIT FOR OUT-OF-COURT WORKOUTS
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The Fraud Examiner's Latest Threats, Tools and Opportunities

  • 26 Nov, 2017
  • AML/CTF, Financial Crimes

26th November 2017

Bachir El Nakib (CAMS) Senior Consultant Compliance Alert (LLC)

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Increasingly, hunting money-launderers is automated

  • 26 Nov, 2017
  • AML/CTF, Financial Crimes

27 November 2017 Bachir El Nakib (CAMS) Senior Consultant

KEEN, no doubt, to stay alive, drug traffickers tend to be prompter payers than most. For software firms, this is just o. [...]

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Simple Banking Security Tip: Verbal Passwords

  • 26 Nov, 2017
  • AML/CTF, Financial Crimes

26 November 2017 Bachir El Nakib (CAMS), Senior Consultant Compliance Alert LLC

There was a time when I was content to let my bank authenticate me over the phone by asking for some personal id. [...]

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Equifax data breach could create lifelong identity theft threat

  • 26 Nov, 2017
  • AML/CTF, Financial Crimes

27 November 2017 Bachir El Nakib (CAMS)

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HOW ARE MONEY MULES RECRUITED?

  • 27 Nov, 2017
  • AML/CTF, Financial Crimes

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Data privacy law needs amendment to combat AML/CTF threats - The International Approach

  • 29 Nov, 2017
  • AML/CTF, Financial Crimes

29 November 2017 Bachir El Nakib (CAMS)

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The Ablyazov -Kythreotis Hidden ‘beneficial owners’ case Study

  • 29 Nov, 2017
  • AML/CTF, Financial Crimes

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The Currency that flew over the Cuckoo's nest could easily be $40,000 by end 2018

  • 30 Nov, 2017
  • AML/CTF, Financial Crimes

30 Nov. [...]

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Open letter to CFTC chairman Giancarlo regarding the listing of cryptocurrency derivatives

  • 17 Dec, 2017
  • AML/CTF, Financial Crimes

On December 6, FIA CEO and President Walt Lukken wrote an open letter to CFTC Chairman . [...]

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Understanding Artificial Intelligence to fight money laundering

  • 19 Dec, 2017
  • AML/CTF, Financial Crimes

19 December 2017, by Bachir El Nakib (CAMS) Senior Consultant Compliance Alert LLC

Within the financial services. [...]

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Data Protection: Virtual Currencies, Crowdfunding, Money Laundering and Terrorism Financing Threats

  • 20 Dec, 2017
  • AML/CTF, Financial Crimes

20 December 2017, Bachir El Nakib, Senior Consultant Compliance Alert LLC

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DNFBPs or the Next Wave of Gate Keepers Professionals

  • 1 Jan, 2018
  • AML/CTF, Financial Crimes

1st  January 2018, Bachir El Nakib (CAMS) Senior Consultant

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Update 1: DNFBPs or the Next Wave of Gate Keepers Professionals

  • 6 Jan, 2018
  • AML/CTF, Financial Crimes

6 January 2018, By Bachir El Nakib

Abstract

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The Money Laundering Law under the State of Qatar Vs. JMLSC

  • 9 Jan, 2018
  • AML/CTF, Financial Crimes

Bachir El Nakib, (CAMS) Senior Consultant, Compliance Alert (LLC)

In the UK, the person charged with responsibility for a regulated firm's&nb. [...]

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PROCEDURE FOR ANTI-MONEY LAUNDERING AND KNOW YOUR CUSTOMER POLICY

  • 11 Jan, 2018
  • AML/CTF, Financial Crimes

Bachir El Nakib (CAMS Instructor), Senior Consultant Compliance Alert LLC

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A MENA Trends and Roadmap of Financial Crime Issues

  • 15 Jan, 2018
  • AML/CTF, Financial Crimes

15 January 2018 by Bachir El Nakib (CAMS) Senior Consultant, Compliance Alert LLC

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Glossary AML/CFT according to FATF

  • 19 Jan, 2018
  • AML/CTF, Financial Crimes

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The 10 Worst Corporate Accounting Scandals of All Time

  • 17 Feb, 2018
  • AML/CTF, Financial Crimes

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Latest Cases of Debit-Credit Cards Fraud

  • 18 Feb, 2018
  • AML/CTF, Financial Crimes

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Study: Criminal Law and Financial Crimes

  • 20 Feb, 2018
  • AML/CTF, Financial Crimes

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Outcomes FATF Plenary session dated 21-23 February 2018

  • 24 Feb, 2018
  • AML/CTF, Financial Crimes

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FATF Public Statement: Outcomes of Plenary session dated 21-23 February 2018

  • 24 Feb, 2018
  • AML/CTF, Financial Crimes

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FATF Updates: Improving Global AML/CFT Compliance: On-going Process - 23 February 2018

  • 24 Feb, 2018
  • AML/CTF, Financial Crimes

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Trends in de-risking and its impact on International Correspondent Banking - Wolfsberg New AML Questionnaire

  • 24 Feb, 2018
  • AML/CTF, Financial Crimes

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Study: Top AML/CFT Enforcement Measures by Total Fines

  • 8 Mar, 2018
  • AML/CTF, Financial Crimes

9th March 2018, Bachir El Nakib (CAMS) Senior Consultant

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FRAUD STUDY - Why Double Invoicing is a Dirty Word

  • 12 Mar, 2018
  • AML/CTF, Financial Crimes

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CARIBBEAN STATES PASSPORTS FOR SALE

  • 13 Mar, 2018
  • AML/CTF, Financial Crimes

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CASE STUDY: U.S. targets Latvian bank for dealing with sanctioned North Korean entities

  • 23 Mar, 2018
  • AML/CTF, Financial Crimes

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CASE STUDY: DEBIT AND CREDIT CARD FRAUD

  • 24 Mar, 2018
  • AML/CTF, Financial Crimes

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The CLOUD ACT is Up and signed

  • 25 Mar, 2018
  • AML/CTF, Financial Crimes

 Continue Reading

STUDY: RED FLAGS INDICATORS ON PROLIFERATION FINANCING

  • 26 Mar, 2018
  • AML/CTF, Financial Crimes

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Wolfsberg: Building and Maintaining a Correspondent Banking Risk Based Approach (CBDDQ)

  • 9 Apr, 2018
  • AML/CTF, Financial Crimes

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Synthetic Fraud: Chasing Ghosts In The Credit System

  • 9 Apr, 2018
  • AML/CTF, Financial Crimes

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ACFE: REPORT TO THE NATION 2018

  • 20 Apr, 2018
  • AML/CTF, Financial Crimes

10th edition of the largest global study on occ. [...]

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EU tightens money laundering and terrorist financing rules

  • 17 May, 2018
  • AML/CTF, Financial Crimes

17 May 2018 revised by Bachir El Nakib (CAMS), Senior Consultant, Compliance Alert (LLC).

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THE BSA/AML 5TH PILLAR: The Role of the Third Line of Defense

  • 28 May, 2018
  • AML/CTF, Financial Crimes

28th May 2018, 

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Physical transportation of Cash or Combating Bulk Cash Smuggling

  • 26 Jul, 2018
  • AML/CTF, Financial Crimes

26th July 2018, Bachir El Nakib (CAMS)

Beneficial owner refers to the natural person(s) who ultimately owns or c. [...]

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Dr. Muhammad Baasiri: Building and Spreading Compliance Culture

  • 19 Sep, 2018
  • AML/CTF, Financial Crimes

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Danske Bank Estonia Laundering Timeline-Investigation US$234 Billion Scandal

  • 27 Nov, 2018
  • AML/CTF, Financial Crimes

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Cryptocurrency AML risk considerations

  • 27 Dec, 2018
  • AML/CTF, Financial Crimes

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What Do You Know About KYC in the Telecommunication sector?

  • 8 Jan, 2019
  • AML/CTF, Financial Crimes

8 January 2019, Bachir El Nakib

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Elevated Cryptocurrency AML risk considerations

  • 27 Jan, 2019
  • AML/CTF, Financial Crimes

 Continue Reading

ABOUT COMPLIANCE ALERT (LLC QATAR)

  • 9 Feb, 2019
  • AML/CTF, Financial Crimes

Founder Message . [...]

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Public Statement - Mitigating Risks from Virtual Assets

  • 2 Mar, 2019
  • AML/CTF, Financial Crimes

 

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Public Consultation on the Draft Risk-Based Approach Guidance for Legal Professionals,,Accountants and Trust and Company Service Providers

  • 2 Mar, 2019
  • AML/CTF, Financial Crimes

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Outcomes FATF Plenary, 20-22 February 2019

  • 2 Mar, 2019
  • AML/CTF, Financial Crimes

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FATF Private Sector Business Bulletin

  • 2 Mar, 2019
  • AML/CTF, Financial Crimes

1 March 2019

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EU Policy on High-Risk Third Countries- Dirty List

  • 2 Mar, 2019
  • AML/CTF, Financial Crimes

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Cyberthreats to financial institutions 2019: overview and predictions

  • 30 Mar, 2019
  • AML/CTF, Financial Crimes

By Continue Reading

MASTERMIND BEHIND EUR 1 BILLION CYBER BANK ROBBERY ARRESTED IN SPAIN

  • 30 Mar, 2019
  • AML/CTF, Financial Crimes

 

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