AML Conversations AML RightSource

Josh and Jon return for our third and final segment on tuning and optimization. They discuss tuning and optimizing for sanctions and customer risk rating models, how this process can differ from transaction monitoring, and conclude with some valuable departing knowledge on the series as a whole.

John Byrne talks with well-known Australian AML Expert Aub Chapman on the AG’s proposal, key themes, and his insight on the potential for real success upon completing the process.

This week, Europol announced a successful crackdown on money mule service providers. The BASEL Institute for Governance released a paper on informal networks and anti-corruption. The US Treasury issued an Illicit Finance Risk Assessment of Non-Fungible Tokens. The Council of the European Union approved its new AML/CFT regime. John and Elliot discuss these items and several others and their impact on the financial crime prevention community.

This is a broad-based investigation into how Dubai remains a destination for illicit funds moved by drug lords, corrupt public officials, and money launderers. We discuss the methods behind and the results of a recently announced investigation by 70 media outlets worldwide.

This week, the Basel Institute on Governance published its 2023 Annual Report, OFAC published regulatory changes about Cuba, and MONEYVAL’s issued an update to its mutual evaluation of the Holy See. John and Elliot discuss these items and their meaning for the financial crime compliance community.

John and Elliot discuss the 2024 National Illicit Finance Strategy, FinCEN’s new Exchange series to fight fentanyl trafficking, the second stage consultation on reforming Australia’s AML/CFT regime, and several other items. They share their insights on how these reports and actions impact the financial crime prevention community.