Featured Column Archives

ACAMS Conexión, Acceso LatAm, Español, Featured Column

El caso Odebrecht y su impacto en América Latina: Una herida abierta

January 22, 2025 /Leave a comment

El caso Odebrecht es quizás el escándalo de corrupción más sonado de América Latina en la última década. Este conglomerado brasileño, con presencia en diversas industrias, especialmente la construcción, no solo dejó su marca con grandes proyectos de infraestructura, sino también con un esquema masivo...

Continue leyendo

Acceso LatAm, Featured Column

Strengthened Ethical Compliance: More Subjects Obligated to Control

January 14, 2025 /Leave a comment

This article is the second in a two-part series dedicated to the prevention of money laundering and ethical compliance. The first article was published in the December 2024-February 2025 issue of ACAMS Today. This article analyzes the expansion of activities designated as obligated subjects of...

ACAMS Connection, Europe Express, Featured Column

The Birth of a Global Initiative: The Wolfsberg Group

December 9, 2024 /Leave a comment

United States (US) Democratic Senator Carl Levin had just joined the Senate Homeland Security Permanent Subcommittee on Investigations (PSI) as chair when he learned of a troubling audit conducted by the Federal Reserve Bank of New York (Fed). In their review of the anti-money laundering...

ACAMS Connection, Badge Bulletin, Featured Column, Regulatory Initiatives

New FinCEN Rule: Long-Awaited AML Requirements for RIAs Is Here

November 12, 2024December 2, 2024 /Leave a comment

As the registered investment advisery sector continues to grow, so do regulatory expectations. Effective in 2026, registered investment advisers (RIAs) will be considered “financial institutions” (FIs) according to a final rule recently issued by the Financial Crimes Enforcement Network (FinCEN). The final rule1 will require...

ACAMS Conexión, Acceso LatAm, Español, Featured Column

Cumplimiento ético en América Latina—Avances y retos

October 21, 2024January 14, 2025 /Leave a comment

Este artículo es el primero de una serie de dos partes sobre la prevención de lavado de activos y el cumplimiento ético. La prevención de lavado de activos y el cumplimiento ético en Latinoamérica ha avanzado en los últimos años, aunque todavía enfrenta desafíos significativos....

Continue leyendo

AFC Challenges, Featured Column, Fraud, Fraud Alert, Tech Scope

Combating Cryptocurrency Scams: The Fight for Justice

October 16, 2024October 16, 2024 /Leave a comment

In a testament to its growth, the valuation of cryptocurrencies has quietly surged to an astounding $2.6 trillion, a phenomenon often overlooked by many. In the 15 years since the introduction of Bitcoin, the allure of crypto among investors has sparked significant turmoil, impacting millions...

ACAMS Connection, Community Banking Corner, Featured Column

FinCEN’s Beneficial Ownership Reporting for Community Banks

October 10, 2024October 29, 2024 /Leave a comment

In response to the Panama Papers, the U.S. government reacted by establishing the beneficial ownership requirements for legal entities, which began in 2018. This was the status quo until January 2021, when the Corporate Transparency Act (CTA) was passed into law. However, the CTA did...

Back to the Basics, Compliance, Featured Column, Understanding AI

The Use of AI and Machine Learning in Financial Crime Compliance

October 4, 2024October 21, 2024 /Leave a comment

Nowadays, people often talk about artificial intelligence (AI) and machine learning. “Artificial Intelligence is the field of developing computers and robots that are capable of behaving in ways that both mimic and go beyond human capabilities. AI enabled programs can analyze and contextualize data to...

Caribbean Catch-Up, Featured Column

Mitigating Risks: Citizenship by Investment Programs

September 19, 2024 /Leave a comment

Citizenship by investment (CBI) programs grant citizenship to individuals who make significant investments in a country. While these programs can stimulate economic growth, they can also pose significant anti-money laundering (AML) and counter-terrorist financing (CTF) risks. The St. Kitts and Nevis Citizenship by Investment Programme...

How Money Laundering Affects the Environment

ACAMS Conexión, ACAMS Today Español, Acceso LatAm, Español, Featured Column

Cómo el lavado de dinero afecta a el medio ambiente

September 19, 2024September 30, 2024 /Leave a comment

E l lavado de dinero es un proceso en el cual las ganancias obtenidas de actividades ilícitas se integran al sistema financiero legal. Este fenómeno no solo afecta la economía, sino que también tiene un impacto devastador en el medioambiente Las actividades ilegales como la...

Continue leyendo