FinCEN and The Independent ATM Operators
FinCEN has issued a Statement on Bank Secrecy Act Due Diligence for Independent ATM Owners or Operators, focusing on the analysis that financial service providers should use to make a risk based deter...
24 Kesä 202211min
FinCEN’s New Advisory on Elder Financial Exploitation
FinCEN has issued updated guidance on Elder Financial Exploitation (EFE). The new Advisory looks at the increasing volume of thefts and scams targeted at the elderly and includes both behavioral and f...
17 Kesä 202212min
DHS Updates the Terrorism Threat to the US
This week the Department of Homeland Security issued a bulletin, updating its assessment of the terrorism threat to the US. In the bulletin DHS reaffirms that the country remains in a heightened threa...
10 Kesä 202211min
Latest Views of the OCC on Cryptocurrency
Acting Comptroller of the Currency Michael Hsu recently spoke at the DC Blockchain Summit 2022 about the state of the virtual currency space. In his remarks he highlighted several areas of concern, in...
3 Kesä 202212min
De-risking is A Broader Issue than Just Non-Profits
This week, Congresswoman Maxine Waters, Chairwoman of the House Financial Services Committee sent a letter to President Biden about financial access for Caribbean nations and particularly the harmful ...
27 Touko 202211min
An interview with the former FinCEN Deputy Director
John Byrne sits down with former FinCEN Deputy Director, Jamal El-Hindi and now Counsel with Clifford Chance. The two discuss AML challenges with new technology, the use of data, sanctions issues and ...
23 Touko 202234min
US Tops Financial Secrecy Index
The Tax Justice Network has released its Financial Secrecy Index 2022. The Index “identifies the world’s biggest suppliers of financial secrecy” with the US being number 1. John and Elliot discuss the...
20 Touko 202212min
Is London the Capitol of Dirty Capital?
The UK has become a haven for rich Russians. The lax approach to regulation has allowed money laundering to flourish. Recent government action in response to the Russian invasion of Ukraine is making ...
13 Touko 202210min
