Global Financial Crime Review Archives - Page 11 of 17

Europe, Interviews, September - November 2016

Rick McDonell: AML Issues and FATF

September 20, 2016September 30, 2016 /Leave a comment

ACAMS Today had the privilege of interviewing Rick McDonell about his accomplishments, the Financial Action Task Force’s (FATF) mutual evaluations and anti-money laundering (AML) challenges. McDonell is currently the executive director for ACAMS and a member of the ACAMS advisory board. McDonell has many years...

AFC Challenges, Europe, September - November 2016

When Two Worlds Collide

September 20, 2016January 14, 2020 /2 Comments

Over two days in June, the Cryptocurrency Certification Consortium (C4) hosted the inaugural Blockchain Training Conference at MaRS Discovery District in Toronto, Canada. This event saw some of FinTech’s brightest minds come together with entrepreneurs, bankers, regulators, anti-money laundering (AML) professionals and law enforcement officials,...

AFC Challenges, Europe, September - November 2016

Probing the Practical Viability of FATF Standards in Preventing the Movement of Money for Terrorism

September 20, 2016September 28, 2016 /Leave a comment

Following 9/11 and the growth in terrorism studies, there has been an increased focus on the practices surrounding terrorist financing. Likewise, in recognition of almost indistinguishable methods in which financial activities can support the funding of terrorism, interest has grown around the use of...

Europe, European Connect, September - November 2016

European Announcements

September 20, 2016January 23, 2019 /Leave a comment

Editor’s Note: European Connect is a section in the ACAMS Today magazine that will update members on ACAMS news and activities in Europe. As we move into autumn, I want to draw your attention to Samantha Sheen’s blog—a great new resource focusing on anti-money...

AFC Challenges, Europe, September - November 2016

How low can you go?

September 20, 2016 /Leave a comment

The enforcement actions taken by the Office of Foreign Assets Control (OFAC) this year against two subsidiaries of Halliburton Energy Services, Inc., (Halliburton Atlantic Limited and Halliburton Overseas Limited) and Barclays Bank Plc, appear to conflict with each other on the level of due...

Europe, Exclusive

The Fourth AML Directive and the EU’s Approach to Data Protection: A Precautionary Warning

July 15, 2016July 26, 2016 /Leave a comment

Let us get one thing straight: The Fourth Anti-Money Laundering (AML) Directive is a directive whereas the General Data Protection Regulation (Data Regulation) is a regulation. The difference between these two is crucial. The Fourth AML Directive allows member states to implement the Fourth AML...

Europe, Exclusive

Dealing with De-Risking: A Tale of Tenacity and Creativity

June 23, 2016 /Leave a comment

In 2014, money transfer operators sending funds to Somalia were coming under increasing pressure. Western financial institutions, concerned about money possibly ending up in the hands of terrorists or persons on sanctions lists, decided the risk was too high and started pulling out. Although one...

Career Guidance, Europe, In Focus

So you just became the new money laundering officer? Five Ways to Help You Get Started

June 17, 2016August 11, 2016 /Leave a comment

Congratulations! You have just become part of what is perhaps the fastest growing and hottest profession in the world! Money laundering compliance officers (MLCOs) are highly sought-after professionals and quite scarce. I am certain you are already overwhelmed with both the challenges and the prospects...

Cyprus Chapter, Europe, Germany Chapter, Know Your Chapter

The First Group of Members Attended the CAMS Live Prep Course in Cyprus

May 27, 2016June 1, 2016 /Leave a comment

ACAMS, the leading global professional membership organization for anti-money laundering (AML) compliance professionals, has formed a local training partnership with the European Institute for Management and Finance (EIMF) to support Cypriot AML compliance professionals preparing for the Certified Anti-Money Laundering Specialist (CAMS) certification. CAMS is...

Europe, European Connect, June – August 2016

The Latest in Europe

May 27, 2016October 4, 2016 /Leave a comment

Editor’s Note: European Connect is a section in the ACAMS Today magazine that will update members on ACAMS news and activities in Europe. The month of May had many exciting events in Europe. The month started off with the launch of the ACAMS Nordics...

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Global Financial Crime Review

Rick McDonell: AML Issues and FATF

When Two Worlds Collide

Probing the Practical Viability of FATF Standards in Preventing the Movement of Money for Terrorism

European Announcements

How low can you go?

The Fourth AML Directive and the EU’s Approach to Data Protection: A Precautionary Warning

Dealing with De-Risking: A Tale of Tenacity and Creativity

So you just became the new money laundering officer? Five Ways to Help You Get Started

The First Group of Members Attended the CAMS Live Prep Course in Cyprus

The Latest in Europe