Global Website For Corporate Compliance Consultancy & Training

EU Policy on High-Risk Third Countries- Dirty List

2 Mar, 2019
AML/CTF, Financial Crimes

FATF Private Sector Business Bulletin

2 Mar, 2019
AML/CTF, Financial Crimes

1 March 2019

Outcomes FATF Plenary, 20-22 February 2019

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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Public Statement - Mitigating Risks from Virtual Assets

2 Mar, 2019

AML/CTF, Financial Crimes

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Corporate Ethics and the Lead by Example

13 Feb, 2019

Governance-Risk & Compliance

13 Feb 2019, Bachir El Nakib

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ABOUT COMPLIANCE ALERT (LLC QATAR)

9 Feb, 2019

AML/CTF, Financial Crimes

Founder Message . [...]

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Elevated Cryptocurrency AML risk considerations

27 Jan, 2019

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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How Fintech is helping overcome anti money laundering challenges

5 Jan, 2019

Blockchain-Digital-Currencies

5 January 2019, by Bachir El Nakib

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Cryptocurrency AML risk considerations

27 Dec, 2018

AML/CTF, Financial Crimes

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What you should know about GDPR, and why it matters to Lebanon?

3 Dec, 2018

Governance-Risk & Compliance

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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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Induction to Multi-National Sanctions Programs and Evasions Tactics

18 Nov, 2018

8th. [...]

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Global Magnitsky Designations - Saudi Designations

16 Nov, 2018

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The Global Magnitsky Accountability Act, how does it relate to Khashoggji's case?

16 Nov, 2018

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Induction to OFAC Economic Sanctions Programs

15 Nov, 2018

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OFAC - IRAN Publication Re-Imposed Sanctions 700 Blocked Persons

7 Nov, 2018

11/5/2018

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FATF Improving Global AML/CFT Compliance: On-going Process - 19 October 2018

20 Oct, 2018

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FATF Public Statement - Outcome Plenary 17-19 October 2018

19 Oct, 2018

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StanChart braces for possible new Iran fine of about $1.5 billion: Bloomberg

19 Oct, 2018

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U.S.Treasury Targets Iraq-based Money Services Business Supporting ISIS

19 Oct, 2018

20 . [...]

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Dr. Muhammad Baasiri: Building and Spreading Compliance Culture

19 Sep, 2018

AML/CTF, Financial Crimes

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What does the 5th Anti-Money Laundering directive bring?

17 Sep, 2018

Governance-Risk & Compliance

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Anti Money Laundering Masterclass with Bachir El-Nakib

13 Sep, 2018

Awareness-Training

Course Summary

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COMPLIANCE CULTURE / FCPA Vs. US ANTI-BRIBERY FINES

13 Sep, 2018

Anti-Bribery & Corruption

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The Eighth Annual Forum for Heads of AML/CFT COMPLIANCE UNITS IN ARAB BANKS & FINANCIAL INSTITUTIONS

11 Sep, 2018

Awareness-Training

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EU-MENA PSD: Correspondent Banking and AML/CFT Conference

11 Sep, 2018

Awareness-Training

24 September 2018
Le Plaza Hotel, Brussels / Belgium
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Lebanon's Central Bank Chief calls for political haste as country approaches an economic crisis

11 Sep, 2018

Country Risk

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CDD and the Interaction of the Beneficial Ownership threshold with other AML program obligations

10 Sep, 2018

Governance-Risk & Compliance

10 September 2018

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Anti-Bribery & Anti-Corruption Red Flags: 3rd Parties Due Diligence

9 Sep, 2018

Awareness-Training

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ACAMS CAMS AUDIT CERTIFICATION PROGRAM

6 Sep, 2018

Awareness-Training

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Doha AML/CFT Workshop - International Standards, Regulations & Best Practices

1 Sep, 2018

Awareness-Training

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The MLRO Compliance Questions from Hell

29 Aug, 2018

Governance-Risk & Compliance

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The anti-dollar awakening could be ruder and sooner than most economists predict

29 Aug, 2018

29 August 2018

Gal Luft; co-director of the I. [...]

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Turkey-US Tariffs & Sanctions Threats

20 Aug, 2018

21st August 2018, Bachir El Nakib, Senior Consultant, Compliance Alert (LLC).

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EU-JCPOA: EU Commission Blocking Regulation enters into force

18 Aug, 2018

19th August 2018, Bachir El Nakib, Senior Consultant, Compliance Alert (LLC).

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OFAC - Iran Wind-Down of JCPOA Related Activity

2 Aug, 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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Emotional Intelligence in Leadership and Management

12 Jul, 2018

Awareness-Training

12 July 2018

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A Global Review of Sanctioned Countries

28 May, 2018

28th May 2018

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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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NEW OFAC Hezbollah Counter Terrorism Designations

17 May, 2018

5/17/2018<. [...]

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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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FFIEC Issues New Customer Due Diligence and Beneficial Ownership Examination Procedures

17 May, 2018

Governance-Risk & Compliance

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

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Treasury and the Terrorist Financing Targeting Center Partner Together to Sanction Hizballah's Senior Leadership

17 May, 2018

16 May 2018,
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Potential Repercussions of the new Trump-Iran Sanctions on Lebanon

9 May, 2018

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

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Donald Trump's decision to pull US out of Iran nuclear deal "JCPOA", - How to work under them successfully

9 May, 2018

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The IFRS9 Q & A on Prudential Reporting Challenges

22 Apr, 2018

Governance-Risk & Compliance

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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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Synthetic Fraud: Chasing Ghosts In The Credit System

9 Apr, 2018

AML/CTF, Financial Crimes

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OFAC Russia Sanctions: Leading Russian Businessmen, Government Officials and Companies

9 Apr, 2018

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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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Compliance Personal Liability Vs. U.S. AML/CFT Enforcement

8 Apr, 2018

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STUDY - GLOBAL ANALYSIS OF IMPOSED SANCTIONS

4 Apr, 2018

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STUDY: RED FLAGS INDICATORS ON PROLIFERATION FINANCING

26 Mar, 2018

AML/CTF, Financial Crimes

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The CLOUD ACT is Up and signed

25 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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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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CARIBBEAN STATES PASSPORTS FOR SALE

13 Mar, 2018

AML/CTF, Financial Crimes

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FRAUD STUDY - Why Double Invoicing is a Dirty Word

12 Mar, 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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STUDY: FUNDAMENTALS OF PRACTICAL DUE DILIGENCE

4 Mar, 2018

Governance-Risk & Compliance

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How Far Do You Know Your Employee?

4 Mar, 2018

Awareness-Training

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TRADE AND ECONOMIC SANCTIONS COURSE

4 Mar, 2018

Awareness-Training

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Iran bans using U.S. Dollar as base import pricing currency

2 Mar, 2018

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STUDY: Debt Factoring Frauds

1 Mar, 2018

Awareness-Training

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Trade Based Money Laundering and Sanctions Specialist Course

28 Feb, 2018

Awareness-Training

Trade Based Money Laundering Spe. [...]

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Study: Due Diligence Guide for Merger and Acquisition

27 Feb, 2018

Governance-Risk & Compliance

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IOSCO proposes measures to protect Retail Investors

27 Feb, 2018

Governance-Risk & Compliance

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The Danger Of Not Understanding Blockchain And Its Impact

26 Feb, 2018

Blockchain-Digital-Currencies

26 February 2018

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When A Government Customer Does Not Pay

26 Feb, 2018

Anti-Bribery & Corruption

26 February 2018

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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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Armenia Wonders: Are We At Risk From US Sanctions?

24 Feb, 2018

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

24 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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Study: Criminal Law and Financial Crimes

20 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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The 10 Worst Corporate Accounting Scandals of All Time

17 Feb, 2018

AML/CTF, Financial Crimes

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Syria AML Report

14 Feb, 2018

Country Risk

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FinCEN Names ABLV Bank of Latvia an Institution of Primary Money Laundering Concern and Proposes Section 311 Special Measure

13 Feb, 2018

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International financial sanctions: how to work under them successfully

13 Feb, 2018

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Arab Bank terrorism case ends as U.S. court voids jury verdict

13 Feb, 2018

13 February 2018, Bachir El Nakib (CAMS)

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SYRIA - Initial Imposition of EU sanctions & Subsequent Amendments

13 Feb, 2018

13 February 2018, Bachir El Nakib (CAMS)

Sanctions were first. [...]

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Korean Exchange Halts Trading Over KYC Concerns

7 Feb, 2018

Governance-Risk & Compliance

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Sanctions Showdown Looms for US and Cryptocurrency

7 Feb, 2018

MEDIA-OPINION

7 February 2018, Brian Fleming, member of Law Firm of Miller & Chevalier in Washington D.C.

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Updates: OFSI: the new OFAC?

25 Jan, 2018

Revisions to OFSI's Powers and Approach to Compliance and Enforcement

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Unmanned vessels and the carriage of goods - contractual and insurance considerations

25 Jan, 2018

Awareness-Training

18 january 2018, Written by Jessica Maitra of Clyde & Co

<. [...]

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Overview about the Supervisory Compliance Manual Content

23 Jan, 2018

Governance-Risk & Compliance

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Glossary AML/CFT according to FATF

19 Jan, 2018

AML/CTF, Financial Crimes

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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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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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BLOCKCHAIN TECHNOLOGY TO DETECT AND PREVENT MONEY LAUNDERING

11 Jan, 2018

Blockchain-Digital-Currencies

11 January 2018, eContinue Reading

Compliance Risk - Banking

10 Jan, 2018

Governance-Risk & Compliance

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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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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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DNFBPs or the Next Wave of Gate Keepers Professionals

1 Jan, 2018

AML/CTF, Financial Crimes

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

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QCB Governor Launches Second Strategic Plan for Financial Sector

1 Jan, 2018

Governance-Risk & Compliance

On 12 December 2017, the Second Strategic Plan for Financial Sector Regulation in Qatar (2017-2022) was launched un. [...]

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STRUCTURED SCENARIO ANALYSIS FOR EFFECTIVE OpRISK MANAGMENT

1 Jan, 2018

Governance-Risk & Compliance

Using structured scenario . [...]

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Beware the risks of virtual currencies posing modern slavery

28 Dec, 2017

Blockchain-Digital-Currencies

29 December 2017, Bachir El Nakib

Virtual currencies are becoming a more mainstream investment, but investors and their wealth advisers must be aware of the risks.
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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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Qatar Central Bank Initiates Legal Investigation Into Currency Manipulation

19 Dec, 2017

Country Risk

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IMF International Monetary Fund: Staff Concludes Visit to Lebanon

19 Dec, 2017

Country Risk

December 13, 2017

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after . [...]

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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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Is RegTech the new Fintech?

18 Dec, 2017

Governance-Risk & Compliance

18 Dec 2. [...]

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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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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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The Ablyazov -Kythreotis Hidden ‘beneficial owners’ case Study

29 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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HOW ARE MONEY MULES RECRUITED?

27 Nov, 2017

AML/CTF, Financial Crimes

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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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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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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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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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New Accounting Rule to Revamp Companies' Financials

26 Nov, 2017

Governance-Risk & Compliance

26th November 2017

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

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Why the Rohynga are being persecuted?

26 Nov, 2017

Country Risk

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US-Iran Sanctions: Undoing the JCPOA?

26 Nov, 2017

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Doing Business In Qatar

25 Nov, 2017

Country Risk

The Qatar Financial Centre (QFC) was established by the government in 2005 with a mandate to support the development of a world-class financial services sector in the Stat. [...]

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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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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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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 on Crossroads between U.S. Congressional and Saudi Led Sanctions

10 Nov, 2017

MEDIA-OPINION

10 November 2017

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

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The Wolfsberg Correspondent Banking Due Diligence Questionnaire 2017

4 Nov, 2017

AML/CTF, Financial Crimes

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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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LEBANON CENTRAL BANK LATEST UPDATES UNDER LAWS AND CIRCULARS

2 Nov, 2017

Governance-Risk & Compliance

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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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National risk assessment of money laundering and terrorist financing 2017

2 Nov, 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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Lebanon Is Not Going Bankrupt Anytime Soon, Let’s Stop The Pointless Bashing

9 Oct, 2017

Country Risk

8 October 2017 By Dr. Jad Chaaban,

Several writers and analysts – mostly self-proclaimed . [...]

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Compliance Challenges facing the requirements of IFRS9

8 Oct, 2017

Governance-Risk & Compliance

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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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What Is The Impact of Banque du Liban's Circular 331 on the Lebanese Economy?

3 Oct, 2017

Governance-Risk & Compliance

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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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Ownership Registers Delayed By Years

3 Oct, 2017

AML/CTF, Financial Crimes

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A Best-Practice Model for Bank Compliance Function

26 Sep, 2017

Governance-Risk & Compliance

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HOW MONEY MOVES AROUND THE BANKING SYSTEM

23 Sep, 2017

Governance-Risk & Compliance

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Correspondent Banks: Update Your Risk-Based Policies and Procedures for Iran, North Korea, and others advise U.S. FinCEN

19 Sep, 2017

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The Seventh Annual Forum for Heads of AML/CFT Compliance Units in Arab Banks and Financial Institutions

13 Sep, 2017

Awareness-Training

The Seventh Annual Forum for Heads of AML / CFT Compliance Units in Arab Banks and Financial Institutions
5 – 6 October 2017 Movenpick Hotel Beirut, Lebanon
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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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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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BENEFICIAL OWNERSHIP IDENTIFICATION TOOL

30 Aug, 2017

AML/CTF, Financial Crimes

August 29,. [...]

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Sanctions Settlements: Lessons Learned

23 Aug, 2017

Revised by Bachir El Nakib (CAMS)

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The Great Bitcoin Bank Robbery: Hacking Bitcoing

22 Aug, 2017

Blockchain-Digital-Currencies

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Malware in the Cloud 101

22 Aug, 2017

Blockchain-Digital-Currencies

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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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UAB- Panel Discussion The Challenges of Coping with The International Tax Legislations (CRS)

18 Aug, 2017

FATCA - CRS

Panel Discussion The Challenges of Coping with The International Tax Legislations (CRS)

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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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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 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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The world's top 20 banks faced misconduct charges worth Sterling Pounds 264 billion

18 Aug, 2017

LONDON – The world's top 20 banks were hit with conduct charges totalling £264 billion between 2012 and 2016, an increase of nearly a third compared to 2008-2012,. [...]

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CAMS SPECIALIST PREPARATION COURSE

7 Aug, 2017

Awareness-Training

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ECONOMIC SANCTIONS AND TRADE CONTROLS COURSE

7 Aug, 2017

Awareness-Training

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EFFECTIVE COMPLIANCE MONITORING PROGRAMME

7 Aug, 2017

Awareness-Training

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COMBATING FINANCIAL CRIME

7 Aug, 2017

Awareness-Training

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FORENSIC AUDIT SKILLS COURSE

7 Aug, 2017

Awareness-Training

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TRADE BASED MONEY LAUNDERING COURSE

7 Aug, 2017

Awareness-Training

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ANTI-MONEY LAUNDERING & CORRESPONDENT BANKING TRAINING

7 Aug, 2017

Awareness-Training

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KYC CERTIFICATION PROGRAMME WORKSHOP

7 Aug, 2017

Awareness-Training

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Logiciels de lutte contre le blanchiment d'argent

6 Aug, 2017

Awareness-Training

Bechir El Nakib (CAMS)

Le blanchiment d'argent est un élément des techniques de la
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Lutter contre le Financement du Terrorisme

6 Aug, 2017

Awareness-Training

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

Le Continue Reading

Argent Sale - comment fait-on pour le blanchir?

6 Aug, 2017

Awareness-Training

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

Le Continue Reading

This Is The Unusual Money Laundering Method Of 'Cuckoo Smurfing'

4 Aug, 2017

Awareness-Training

Commonwealth Bank Australia was . [...]

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SEMINAIRE CONTRE BLANCHIMENT ET FINANCEMENT DE TERRORIME

4 Aug, 2017

Awareness-Training

Séminaire Contre Blanchiment D’argent (AML/CFT)

Objectifs

Informer, sensibiliser et former les participants à la problématique du blanchiment d'argent. [...]

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Les Techniques de Blanchiment d'Argent

4 Aug, 2017

AML/CTF, Financial Crimes

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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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US indicts alleged Russian money-laundering 'mastermind' behind US$4 billion Bitcoin Exchange

31 Jul, 2017

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The U.S. Congress Sanctions against China, Russia, Iran and North Korea. Part of a Global Military Agenda. Pentagon's World War III Scenario

30 Jul, 2017

By <. [...]

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Qatar will maintain its dominance of the global LNG market

16 Jul, 2017

Country Risk

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

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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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FATF's Draft - Information Sharing Public Consultation

12 Jul, 2017

AML/CTF, Financial Crimes

Beirut 12 July, 2017 05.58
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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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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 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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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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Anti-Corruption ISO standard measures: the first nine months and next steps

8 Jul, 2017

Anti-Bribery & Corruption

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How Zionist terrorism determined Palestine's fate

4 Jul, 2017

MEDIA-OPINION

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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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Addressing Terrorism Funding Threats through Charitable Foundations

22 Jun, 2017

AML/CTF, Financial Crimes

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Iran Ballistic Missile Sanctions Act 2017

17 Jun, 2017

Iran Ballistic Missile Sanctions Act

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This is the real story behind the economic crisis unfolding in Qatar: Liquid Gas

14 Jun, 2017

MEDIA-OPINION

The Qatar crisis proves two things: the continued infantilisation of the Arab states, and the to. [...]

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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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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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The Real Reason Behind the Qatar Crisis Is Natural Gas

11 Jun, 2017

MEDIA-OPINION

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The Trends and Considerations in Correspondent Banking Relationships

28 May, 2017

Governance-Risk & Compliance

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The WannaCry Alert - Stopping a Global Cyber Attacks

16 May, 2017

AML/CTF, Financial Crimes

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Guidance for firms outsourcing to the Cloud and other third-party IT services

12 May, 2017

Governance-Risk & Compliance

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Law Enforcement Coordination Group-Treasury Hosts Meeting in Washington on Hezbollah finances

12 May, 2017

12 May 20. [...]

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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 world's most valuable resource is no longer Oil, but Data

11 May, 2017

Governance-Risk & Compliance

A NEW commodity spawns a lucrative, fast-growing industry, prompting antitrust regulators to step in to restrain those who control its flow. A century ago, the resource in question was oil. 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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Africa is losing billions annually to illegal capital flight

9 May, 2017

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Why International Monetary Fund (IMF) slashed GCC growth forecasts

9 May, 2017

By Hina Latif

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Managing competing operational risks under CRS and FATCA

26 Apr, 2017

FATCA - CRS

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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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It is called the Common Reporting Standard. Behind the benign name is a nerve-racking mechanism that threatens to expose the wealth of the fat cats

26 Apr, 2017

Governance-Risk & Compliance

By Shirley Yam (Author)

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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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Operational Risk Report Insight

18 Apr, 2017

Governance-Risk & Compliance

18 April 2017

By, Bachir El Nakib, Senior . [...]

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10 Compliance Questions to Ask

17 Apr, 2017

Governance-Risk & Compliance

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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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SWIFT announces new payment controls service to bolster customers’ fraud and cyber-crime controls

14 Apr, 2017

Governance-Risk & Compliance

12 April 2017

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Turkish Banker Is Indicted by U.S. in Iran Sanctions Case

9 Apr, 2017

April 8, 2017, 12:49 AM GMT+3

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Corruption, Corporate Vehicle, and where does the beneficial owner hide?

8 Apr, 2017

Anti-Bribery & Corruption

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The Boy Who Cried "Terrorist" instead of "Wolf"

5 Apr, 2017

MEDIA-OPINION

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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, 4^th April 2017

Review by Continue Reading

Oman agrees to deepen ties with Iran central bank

26 Mar, 2017

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AUB settles US lawsuit over 'Hezbollah media training'

26 Mar, 2017

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The Russian Laundromat Exposed in Full

23 Mar, 2017

AML/CTF, Financial Crimes

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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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UNDERSTANDING CHIEF COMPLIANCE OFFICER PERSONAL LIABILITY IN MULTIPLE JURISDICTIONS

13 Mar, 2017

Governance-Risk & Compliance

Doha, 13 March 2017 By Bachir El Nakib, Senior Consultant, Compliance Alert (LLC)

. [...]

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Understanding Maritime-Trade-Fraud Shifting Patterns

4 Mar, 2017

MEDIA-OPINION

4 March 2017

By Bachir. [...]

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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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Bitcoin Volatility and Laundering Risks

17 Feb, 2017

Blockchain-Digital-Currencies

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The CNN Due Diligence Report: Venezuela may have given passports to people with ties to terrorism

17 Feb, 2017

By
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Top 10 Takeaways from the Easing of Sudan Sanctions

13 Feb, 2017

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COMPLIANCE PROCEDURE FOR BANCASSURANCE PRODUCTS SUITABILITY

11 Feb, 2017

Governance-Risk & Compliance

Bachir El Nakib, Senior Consultant Compliance Alert (LLC)

The scope of this proce. [...]

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

5 Feb, 2017

AML/CTF, Financial Crimes

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Presidential Executive Order on Core Principles for Regulating the United States Financial System

4 Feb, 2017

Country Risk

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OFAC Issues a Finding of for a Violation of the Iranian Transactions - Counter Terrorism Designations

3 Feb, 2017

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The Use of Third-Party-Checks to Launder Money

29 Jan, 2017

MEDIA-OPINION

28^th January 2017
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THE BVI Anti-Money Laundering Country Rreport

27 Jan, 2017

AML/CTF, Financial Crimes

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How to Improve Asset Management for Risk Assessment and Control

24 Jan, 2017

Country Risk

Shared Responsibility of Asset Management Reflects Patching Pe. [...]

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DOHA GLOBAL CONFERENCE ON COUNTERING MONEY LAUNDERING AND THE MISUSE OF DIGITAL CURRENCIES

24 Jan, 2017

Awareness-Training

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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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WHITE HOUSE: MEMORANDUM FOR THE HEADS OF EXECUTIVE DEPARTMENTS AND AGENCIES

23 Jan, 2017

Country Risk

TRUMP LAYS GROUNDWORK FOR DELAYING FIDUCIARY RULE

FROM: Reince Priebus Assistant to the President and Chief of Staff

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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

Principles of Compliance in Islamic Banking

21 Jan, 2017

Governance-Risk & Compliance

21 January 2017, Continue Reading

What is Bitcoin?

21 Jan, 2017

Blockchain-Digital-Currencies

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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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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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The virtual future of money laundering

19 Jan, 2017

Blockchain-Digital-Currencies

On Jan. 20, Dutch police arrested 10 in the Netherlands as part of an international investigation int. [...]

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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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GUIDELINES OF THE MEANING OF BENEFICIAL OWNER IN INTERNATIONAL JURISDICTIONS

18 Jan, 2017

MEDIA-OPINION

By Bachir El Nakib, Founder, Senior Consu. [...]

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Update 1: Qatar Personal Data Privacy Law (13) of 2016

16 Jan, 2017

Governance-Risk & Compliance

The S. [...]

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Treasury to Issue General License to Authorize Transactions with Sudan

15 Jan, 2017

1/13/2017

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Qatar issues Personal Data Privacy Law

15 Jan, 2017

Governance-Risk & Compliance

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Correspondent Banking AML Challenges: The Good, The Bad, and The Ugly

13 Jan, 2017

MEDIA-OPINION

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

Foreign correspondent accounts have lon. [...]

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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

Swift is Building a Blockchain App to Optimize Global Cash Liquidity

13 Jan, 2017

Blockchain-Digital-Currencies

A global platform that connects the vast majority of the world's banks has begun building a b. [...]

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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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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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Saudi Arabia is now a signatory to the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information

5 Jan, 2017

Country Risk

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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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Lebanon Report: Banking and Securities Vs. AML/CFT

21 Dec, 2016

AML/CTF, Financial Crimes

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Terrorism Financing Methods: An Overview

16 Dec, 2016

AML/CTF, Financial Crimes

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BITCOIN - SECURING YOUR WALLET

16 Dec, 2016

Blockchain-Digital-Currencies

Securing your wallet

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New OECD guidance aims to reduce corruption in aid sector

14 Dec, 2016

Anti-Bribery & Corruption

09/12/2016 - New international guidance on fighting corruption in the developme. [...]

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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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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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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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IRS Wants Court Authority To Identify Bitcoin Users & Transactions At Coinbase

28 Nov, 2016

Blockchain-Digital-Currencies

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The man who survived numerous American assassinations attempts and ten presidents, resisted US Imposed sanctions and won the whole world recognition

28 Nov, 2016

MEDIA-OPINION

FIDEL CASTRO has died, aged 90. He ruled Cuba for 47 years, ceding power to. [...]

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Bribery, corruption and slavery: assessing the risk to your business

28 Nov, 2016

Anti-Bribery & Corruption

Eversheds International explains how businesses should comply with the legal obligations of the Bribery Act and the Modern Slavery. [...]

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Social Media Can Now Be Examined in Federal Security Clearances

23 Nov, 2016

MEDIA-OPINION

The goal of our background investigations must be to find out if an individual is trustworthy. Back in the 1950s that meant talking to neighbors and family," said Rep. Mark M. [...]

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More Than 1 in 4 Employers Do Not Conduct Background Checks of New Employees

23 Nov, 2016

MEDIA-OPINION

According to a CareerBuilder survey, 75 percent of employers said they have hired the wrong person for a position, and of those who had a bad hire affect. [...]

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These new plans for bank reforms in Europe could hit Wall Street lenders

23 Nov, 2016

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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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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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How the Chief Compliance Officer role is transforming across Financial Services

22 Nov, 2016

MEDIA-OPINION

The New Face of Compliance:

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What's Next for Chinese Companies After Brexit?

22 Nov, 2016

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Qatar's new sponsorship law will give expats 30 days to get RPs

22 Nov, 2016

Governance-Risk & Compliance

Foreigners who move to Qatar will have more time to process their residency permits. [...]

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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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Canada: What Dual Citizens Should Know Before Renouncing Their United States Citizenship

22 Nov, 2016

FATCA - CRS

Introduction

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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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New Anti-Corruption Law in France: Mandatory Compliance Program for Large Companies

22 Nov, 2016

Anti-Bribery & Corruption

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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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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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What is a Blockchain, and why is it growing in popularity?

7 Nov, 2016

Blockchain-Digital-Currencies

Last year, Ripple Labs, creator of the virtual currency XRP, was Continue Reading

Three Foreign Banks to Open in Iran: Central Bank Official Says

6 Nov, 2016

Three foreign banks are opening up representative offices in Iran as the country see. [...]

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China Agriculture Bank Fined $215 Million for Hiding Transactions

6 Nov, 2016

China’s third-largest lender tried to obscure the trail of dollar transactions. [...]

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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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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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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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Financial institutions investigate Blockchain in leading investment fund country

2 Nov, 2016

Blockchain-Digital-Currencies

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Three blockchain benefits, above and beyond traditional databases

2 Nov, 2016

Blockchain-Digital-Currencies

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Major banks from India and Dubai complete blockchain trade finance and remittance transactions

2 Nov, 2016

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Why advisers are shutting up shop in Dubai's free zone

2 Nov, 2016

Most things stated in the article are correct and hundreds have shut shop over the last few years in DIFC, but rents mentioned are not accurate.

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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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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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FATF - Public Statement - 21 October 2016

22 Oct, 2016

AML/CTF, Financial Crimes

Public Statement - 21 October 2016

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59 High-risk and non-cooperative jurisdictions Publications:

22 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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Joint G20 ACWG-FATF Experts Meeting on Corruption

18 Oct, 2016

AML/CTF, Financial Crimes

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Five things you should never assume when it comes to your business

15 Oct, 2016

MEDIA-OPINION

Note that this articl. [...]

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Reporting misconduct

15 Oct, 2016

AML/CTF, Financial Crimes

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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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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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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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Experts offer dose of real-world practicality to European exporters looking to trade with Iran

15 Oct, 2016

By Saskia Rietbroek

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Lebanon busts terror cell, large weapons cache

15 Oct, 2016

AML/CTF, Financial Crimes

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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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Competition law: UK financial regulators' concurrent competition powers with the CMA

15 Oct, 2016

Governance-Risk & Compliance

Bachir El Nakib

On 1 April 2015, UK financial regulators the Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR) gained new competition law powers, which they can exercise concurrently with the Competit. [...]

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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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The Contractual Disclosure Facility

15 Oct, 2016

MEDIA-OPINION

Bachir El Nakib

The Contractual Disclosure Facility (CDF) is part of a drive in recent years by HM Revenue & Customs (HMRC) to 'crack down' on tax evaders and. [...]

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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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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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DIFC Intermediate SPV Regime: a Welcome Business-Friendly Evolution

15 Oct, 2016

The introduction of a new regime for the establi. [...]

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Cracking The Code on Ultimate Beneficial Ownership

14 Oct, 2016

AML/CTF, Financial Crimes

In Continue Reading

Remote surgery technology a boost for Lebanon doctors

14 Oct, 2016

MEDIA-OPINION

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U.S. Loosens Iran Sanctions to Smooth Dollar Transactions

12 Oct, 2016

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OFAC-IRAN NUCLEAR DEAL - Publication of Iran-related Frequently Asked Questions

7 Oct, 2016

OFAC updated the Continue Reading

Saudi should introduce its own version of US Jasta bill, says lawyer

7 Oct, 2016

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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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Chinese Bank Sanctioned by Fed Over Money-Laundering Safeguards

7 Oct, 2016

Agricultural Bank of China Ltd. has been ordered by the Federal Reserve to overhaul . [...]

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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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North Africa Future Banking Awards 2016

2 Oct, 2016

AML/CTF, Financial Crimes

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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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The Lebanese MPs who are not voting to select a President for over 2 years

1 Oct, 2016

MEDIA-OPINION

Revealed: The MPs who aren’t voting for a p. [...]

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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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North Africa Future Banking 2016 - Cairo 24th October - 25th October 2016

30 Sep, 2016

North Africa Future Ba. [...]

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What is JASTA: Justice Against Sponsors of Terrorism Act

29 Sep, 2016

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SWIFT says bank hacks set to increase

29 Sep, 2016

AML/CTF, Financial Crimes

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

29 Sep, 2016

AML/CTF, Financial Crimes

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The Reserve: The Dollar, The Renminbi, And Status Of Reserve

28 Sep, 2016

On October 1 the renminbi begins an exciting new chapter . [...]

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

23 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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How Blockchain Technology Works to prevent money laundering

22 Sep, 2016

Blockchain-Digital-Currencies

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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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SWIFT announces new security tool to strengthen customer fraud controls

22 Sep, 2016

AML/CTF, Financial Crimes

Helping customer detect fraudulent payments

Anti-f. [...]

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Elizabeth Warren Hammers Wells Fargo CEO:

20 Sep, 2016

AML/CTF, Financial Crimes

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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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Potential solutions to deal with tax evasion in real estate market

20 Sep, 2016

FATCA - CRS

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

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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Fourth Money Laundering Directive and revised Wire Transfer Regulation

16 Sep, 2016

AML/CTF, Financial Crimes

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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

Deutsche Bank asked to pay $14bn in US probe

16 Sep, 2016

MEDIA-OPINION

Deutsche Bank AG said it won’t pay the $14 billion soug. [...]

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

14 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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Money Laundering: Pulling out the rug - Turkey slips back

13 Sep, 2016

AML/CTF, Financial Crimes

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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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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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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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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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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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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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Withdrawal of Correspondent Banking Relationships (CBRs) in the Arab Region

6 Sep, 2016

Governance-Risk & Compliance

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Florida Court Explains Why Bitcoin is Not Money

5 Sep, 2016

Blockchain-Digital-Currencies

Having just gotten around to reading the order granting the motion to dismiss in the proceedings of the State of Florida vs. Mic. [...]

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Governance Challenges - Gatekeeper enforcement cases rise as - compliance culture - talk turns to action

5 Sep, 2016

Governance-Risk & Compliance

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

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Indian banking fines: the wider impact

5 Sep, 2016

The Reserve Bank of India (RBI) imposed financial penalties on 13 banks in India for lapses in know your customer (KYC). [...]

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U.S. identifies Bank of Moscow and Gazprombank units subject to sectoral sanctions

5 Sep, 2016

The U.S. Treasury Department on Thursday stepped up financial sanctions aimed at punishing Russia and producing a diplomatic resolution . [...]

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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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How Spy Tech Firms Let Governments See Everything on a Smartphone

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

5 Sep, 2016

AML/CTF, Financial Crimes

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Six ways to spot money laundering in your business

4 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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Banking Regulators Clarify Expectations Over AML Enforcement

2 Sep, 2016

AML/CTF, Financial Crimes

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Fed Bans and Fines Former Barclays Trader in FX Manipulation

31 Aug, 2016

Country Risk

Former Barclays Plc trader Christopher Ashton, a member of “The Cartel&. [...]

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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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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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IRAN REMAINS A TERRORIST FINANCING RISK & THREAT TO INTERNATIONAL FINANCIAL SYSTEM

26 Aug, 2016

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

23 Aug, 2016

AML/CTF, Financial Crimes

A Reuters Continue Reading

NYDFS FINES MEGA BANK $180 MILLION FOR VIOLATING ANTI-MONEY LAUNDERING LAWS

22 Aug, 2016

The New York branch of Mega International Commercial Bank of Taiwan, one of Taiwan's biggest banks, has agreed to pay $180 million to Ne. [...]

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

17 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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Malta's Money-Laundering Headache

15 Aug, 2016

AML/CTF, Financial Crimes

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Rising Cost of Compliance 2016

15 Aug, 2016

MEDIA-OPINION

Compliance officers are experiencing regulatory fatigue and. [...]

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Trade-Based Money Laundering: A Case Study

14 Aug, 2016

AML/CTF, Financial Crimes

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The Problems with Negative News Batch Screening

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

Anti-Money Laundering Red Flags for Prepaid Cards

12 Aug, 2016

AML/CTF, Financial Crimes

Posted Continue Reading

Money laundering rule on prepaid cards stalled after industry pushback

10 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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Worldwide Implications of New York AML Regulations

4 Aug, 2016

AML/CTF, Financial Crimes

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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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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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Money Laundering and Beneficial Ownership: Challenges for the Government

1 Aug, 2016

AML/CTF, Financial Crimes

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The Post-Soviet States Money-Laundering Case Studies

1 Aug, 2016

AML/CTF, Financial Crimes

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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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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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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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How the misuse of SWIFT MT 202 is fuelling financial crime

30 Jul, 2016

AML/CTF, Financial Crimes

Keith Furst, Founder of Continue Reading

Notice Regarding Imposition of Fifth Special Measure against FBME Bank, Ltd.

28 Jul, 2016

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MAS name and shame banks following 1MDB-related investigations

28 Jul, 2016

AML/CTF, Financial Crimes

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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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Know Your Employee: screening tool aims to boost hiring

28 Jul, 2016

Governance-Risk & Compliance

Bachir El Nakib, 28 July 2016

“Every employer has the obligatio. [...]

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Tale of Bribery & Corruption: Secret Offshore Deals from Algeria to Lebanon (Mossack Fonseca-Panama Papers)

25 Jul, 2016

Anti-Bribery & Corruption

In this story

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The Forces behind Trump: EU was formed 'to beat the US at making money'

24 Jul, 2016

MEDIA-OPINION

Donald Trump has claimed that the Continue Reading

ARGUMENT How China’s ‘Currency Manipulation’ Enhances the Global Role of the U.S. Dollar

24 Jul, 2016

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Risk-based Global Insurance Capital Standard

24 Jul, 2016

Governance-Risk & Compliance

A first version of the principles was published in September 2014. Pr. [...]

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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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Does Erdogan Want To Be Sultan?

23 Jul, 2016

MEDIA-OPINION

Democracy is like a train -- when you reach your stop, you get off.

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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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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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FCA Thematic Review16/5: UK Equity Market Dark Pools – Role, Promotion and Oversight in Wholesale Markets

23 Jul, 2016

Senior managers at users and operators of UK equity market dark pools need to ask themselves and their staff specific q. [...]

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Insight: The FCA Annual Report: taking a closer look

22 Jul, 2016

Governance-Risk & Compliance

Here in the UK, after weeks of blanket media coverage around Brexit, a change of Prime Minister and the legal complexities . [...]

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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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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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Syria Designations; Non-proliferation Designations

21 Jul, 2016

AML/CTF, Financial Crimes

Syria Designations; Non-proliferation Designations

7/21/2016

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DEFINING THE 5 LINES OF DEFENSE

21 Jul, 2016

MEDIA-OPINION

As the Board of Directors focuses its attention on risk oversight, there are many questions to consider. One topic the Board should consider is . [...]

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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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UNDERSTANDING YOUR RISK PROFILE

21 Jul, 2016

MEDIA-OPINION

Every organization has significant risk exposures. The question is, does executive management and the Board of Directors really know what they a. [...]

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USING AN EFFECTIVE POLICY STRUCTURE TO ESTABLISH RISK ACCOUNTABILITY

21 Jul, 2016

MEDIA-OPINION

Once management and the Board understand the enterprise’s most significant strategic, operational, financial and compliance risk exposures. [...]

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5 COMMON RISK MANAGEMENT FAILURES

21 Jul, 2016

MEDIA-OPINION

It is always interesting to put on our “all-seeing glasses” and look at situations when risk management failed. By doing this, we ha. [...]

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HARRY POTTER, WHISTLEBLOWERS AND COMPLIANCE

21 Jul, 2016

MEDIA-OPINION

This article was repub. [...]

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Ultimate Beneficial Ownership: where are we and what does the future look like?

21 Jul, 2016

Governance-Risk & Compliance

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Qatar to expand audit body's powers to help fight corruption

19 Jul, 2016

Governance-Risk & Compliance

Qatar’s Advisory Council has approved a draft law tha. [...]

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Who is the owner of risk in an organisation?

18 Jul, 2016

MEDIA-OPINION

Who is the owner of risk – Is it CEO, CRO or different parties and how organisational risk is lin. [...]

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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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Moody warns Lebanese public debt credit risk for banks

18 Jul, 2016

Country Risk

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How To Avoid A Honeypot.

18 Jul, 2016

AML/CTF, Financial Crimes

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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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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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THE 9-11 COMMISSION REPORT

17 Jul, 2016

AML/CTF, Financial Crimes

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Build The Business Case For GRC

15 Jul, 2016

Governance-Risk & Compliance

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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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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

Basel Committee on Banking Supervision, Basel III – The Net Stable Funding Ratio: frequently asked questions

15 Jul, 2016

Governance-Risk & Compliance

The Basel Committee on Banking Supervision today issued in July 2016 answers to Continue Reading

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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The Structure of Corruption: A Systemic Analysis Using Eurasian Cases

15 Jul, 2016

Anti-Bribery & Corruption

Corruption is gaining recognition among civil society and government decisionmakers alike as a central factor in many of. [...]

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The Dark Ages of Risk Management - Risk management used to be a science, then it became an art, now it's just bullsh@t

14 Jul, 2016

Governance-Risk & Compliance

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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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BIS issue recommendations to combat de-risking in correspondent banking

14 Jul, 2016

AML/CTF, Financial Crimes

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Where's the money coming from?

10 Jul, 2016

AML/CTF, Financial Crimes

By . [...]

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

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 A)

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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Dangers involved in Money Laundering

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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The Washing Cycle - Stage Three - Integration

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 Two - Layering (Video)

6 Jul, 2016

AML/CTF, Financial Crimes

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Stages of money laundering

6 Jul, 2016

AML/CTF, Financial Crimes

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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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The 12 hardest-working cities in the world

2 Jul, 2016

Online business-to-business marketplace Expert Market has put together a ranking of the global. [...]

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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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EXPATS MOST EXPENSIVE CITIES

2 Jul, 2016

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DOES CRIME STILL PAY?

2 Jul, 2016

AML/CTF, Financial Crimes

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MENA region forecast to see 'lowest growth in 30 years' in 2016

2 Jul, 2016

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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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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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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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Mobile phone sparks fire on Qantas flight

2 Jul, 2016

MEDIA-OPINION

A smartphone battery sparked a fire on a Qantas flight, prompting an investigation.
. [...]

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11 things you might want to stop doing or delete from your Facebook profile to protect your privacy

2 Jul, 2016

MEDIA-OPINION

Quietly, over the last year, Facebook has killed the concept of a private account.

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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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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

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

1 Jul, 2016

AML/CTF, Financial Crimes

Press Release

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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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Fine of up to QR1m for smuggling oil products

30 Jun, 2016

DOHA: Emir H H Sheikh Tamim bin Hamad Al Thani yesterday issued Law No. 6 of 2016 on combating the smuggling of . [...]

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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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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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How The Chief Compliance Officer Role Is Transforming Across Financial Services

30 Jun, 2016

Governance-Risk & Compliance

Changing Talent Requirements in Financial Services
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What You Need To Know About Corporate Criminal Law In Less Than 500 Words

30 Jun, 2016

Governance-Risk & Compliance

In this post, our UK white collar crime partner, Louise Delahunty, considers the potential impact of a possible #Brexit on the . [...]

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Risky Business In Iran funding Terrorism

30 Jun, 2016

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How Money Moves - Infographic

29 Jun, 2016

The paths that currency takes throughout its lifecycle are fascinating. A dollar bil. [...]

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Choosing the Right KPIs for your Business Dashboards

29 Jun, 2016

Governance-Risk & Compliance

A Key Performance Indicator (KPI) is a business metric that demonstrates h. [...]

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ECB issues Supervisory Statement on Governance and Risk Appetite

28 Jun, 2016

Governance-Risk & Compliance

The European Central Bank has published a Continue Reading

The City of London fears losing up to 100,000 Jobs

28 Jun, 2016

Morgan Stanley denied a report that it was already moving 2,000 staff

But s. [...]

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Seven Lessons From the United Kingdom Departure

26 Jun, 2016

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U.S. Treasury targets Congolese police commissioner over violence against demonstrators

26 Jun, 2016

The U.S. Treasury Department on Thursday blacklisted a senior police official in the Democratic Republic of the Congo for his alleged ro. [...]

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Brexit, certainty and strategy and what does it mean for customers?

26 Jun, 2016

After the Brexit vote the financial sector will now crave certainty to drive its strategic decision-making. It is unclear how quickly ce. [...]

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Brexit Boardroom: The process of withdrawing from the European Union

25 Jun, 2016

The technical aspects of the withdrawal process from EU were addressed by the Continue Reading

Cost of Compliance 2016 report revealed

22 Jun, 2016

MEDIA-OPINION

Tho. [...]

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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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Saudi central bank bans use of options against riyal

21 Jun, 2016

Saudi Arabia’s central bank has told banks it is banning the use of options and ot. [...]

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Brexit: How Thursday's decision will impact MENA

21 Jun, 2016

The United Kingdom will announce on Thursday whether it is going to remain a member of the European Union or depart, as . [...]

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15 secret Whatsapp features that everyone should know about

21 Jun, 2016

Whatsapp has swiftly grown from a small startup to one of the most popular messaging apps in the world, with over one billion users.

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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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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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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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How to Tell Whether You're Getting a Return on Governance

20 Jun, 2016

Governance-Risk & Compliance

By Travis Green

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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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Four Points on AML Compliance

20 Jun, 2016

AML/CTF, Financial Crimes

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Qatar warns of deficits and delays in work on infrastructure

20 Jun, 2016

Country Risk

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Lebanon second in region on remittances

20 Jun, 2016

AML/CTF, Financial Crimes

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Bomb attack shows Hizbollah's desperation and won't beat the Banking System

20 Jun, 2016

Though Hizbollah suggested it had nothing to do with a bomb attack against a prominent Lebanese bank on Sunday evening, almost no one in Beirut takes this seriously.

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Remarks by Deputy National Security Advisor Ben Rhodes at the Iran Project and Hizbollah

20 Jun, 2016

By Continue Reading

What constitutes a risk-based approach?

20 Jun, 2016

Governance-Risk & Compliance

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Women on French boards: An evolution

20 Jun, 2016

MEDIA-OPINION

Interesting article, it discuss the French law on Boardroom gender diversity which comes into effect in 2017. The penalty for non Compliance includes all board members fees.
. [...]

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Eleven Signs You Work For A Weak Manager

19 Jun, 2016

MEDIA-OPINION

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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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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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THE UAE: AN ANTI-CORRUPTION UPDATE

19 Jun, 2016

Anti-Bribery & Corruption

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How Honest People Steal

19 Jun, 2016

AML/CTF, Financial Crimes

The Theft

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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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Getting Value from Blockchain

18 Jun, 2016

Blockchain-Digital-Currencies

Continue Reading

Rules of Engagement

18 Jun, 2016

MEDIA-OPINION

Ben Kemp and Ann Muldoon discuss how the IFoA and the Financial Reporting Council work together to regulate and support actuaries. Chaired by Richard Purcell;. [...]

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Managing Management Risk

18 Jun, 2016

MEDIA-OPINION

. [...]

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What ISIS Is Banking On

18 Jun, 2016

AML/CTF, Financial Crimes

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Five Ways to Find Ultimate Beneficial Ownership

17 Jun, 2016

AML/CTF, Financial Crimes

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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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What "Negative News" Should Mean to Current AML and Compliance Professionals

17 Jun, 2016

Governance-Risk & Compliance

As part of their work, due diligence analysts and suspicious activity investigators must properly search f. [...]

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National Bank of Abu Dhabi PJSC and First Gulf Bank PJSC are exploring a potential merger

17 Jun, 2016

Continue Reading

Former trader Jerome Kerviel wins unfair dismissal case

16 Jun, 2016

Country Risk

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Customer reporting failures top big bank fines

16 Jun, 2016

Country Risk

Failures in customer reporting have cost the w. [...]

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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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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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Moody : holds Lebanon outlook at negative

16 Jun, 2016

Country Risk

06/15/2016 | 03:19am CEST

<. [...]

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Abu Dhabi Global Market makes fintech overtures with new initiative

15 Jun, 2016

Governance-Risk & Compliance

Abu Dhabi Global Market (ADGM) is aiming to promote excellence in financial innovation with the launch of a two-year "R. [...]

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THE RISE OF IT DEPARTMENT

15 Jun, 2016

Governance-Risk & Compliance

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Blockchain Technology Can Help Banks Beat Money-Laundering, Hong Kong Regulator Says

15 Jun, 2016

Blockchain-Digital-Currencies

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

15 Jun, 2016

AML/CTF, Financial Crimes

Continue Reading

Standard Chartered's CEO warned staff about a 'cancer' in the bank

15 Jun, 2016

Governance-Risk & Compliance

Standard Chartered CEO Bill Winters delivered an "angry" address of the bank's 1,500 managers for recent misconduct, including complacency and lax contr. [...]

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Financial Scarcity Amid Plenty

15 Jun, 2016

Country Risk

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Lebanese Banks Compelled to comply

13 Jun, 2016

Lebanon without banks. That is far more difficult to envision th. [...]

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Why are so many bankers committing suicide?

13 Jun, 2016

MEDIA-OPINION

Three bankers in New York, London and Siena, Italy, died within 17 months of each other in 2013-14 in what authorities deemed a series of unrelated suicides. But i. [...]

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Daniel L.Glaser testimony of AS for Terrorist Financing about: ISIL, Al-Qaida, and Hizballah

13 Jun, 2016

Testimony of A\S for Terrorist Financing Daniel L. Glaser Before The House Committee on Foreign Affair's Subcom. [...]

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Personal data breaches: what firms need to do

13 Jun, 2016

Awareness-Training

Companies need to protect and preserve their intellectual as. [...]

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KYC remediation: Where does it go wrong?

12 Jun, 2016

Governance-Risk & Compliance

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Case Study - Client Classification: Rafed Al Khorafi and Others v Bank Sarasin-Alpen (ME) Ltd and Bank Sarasin & Co Ltd

12 Jun, 2016

Country Risk

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Al Capone, notorious gangster, indicted for tax evasion

12 Jun, 2016

FATCA - CRS

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Hill Update: New Iran Sanctions?

11 Jun, 2016

Published onContinue Reading

LEBANESE CENTRAL BANK GOVERNOR: LEBANON ON POLITICAL DEADLOCK

11 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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What You Can Do to Avoid Investment Fraud

10 Jun, 2016

AML/CTF, Financial Crimes

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Audi Private Bank receives Euromoney award

9 Jun, 2016

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Towards capital markets development: issues and challenges

9 Jun, 2016

Continue Reading

Cleaning up: Law Firms and the Risk of Money Laundering

9 Jun, 2016

AML/CTF, Financial Crimes

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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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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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US designates North Korea "Primary Money Laundering Concern"

9 Jun, 2016

AML/CTF, Financial Crimes

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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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The map of the world that shows every country's major export

8 Jun, 2016

The map also reveals which countries suffer when there is a drop in the price of certain exports.

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Gulf investors hold back from UK property deals on Brexit fears

8 Jun, 2016

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Auditing sovereign wealth funds: Qatar Investment Authority at the back of the class

8 Jun, 2016

Despite a lot of changes in Qatar in the last few years, the country's sovereign wealth fund, the Qatar . [...]

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Trade finance Six AML Red Flags

7 Jun, 2016

AML/CTF, Financial Crimes

By. [...]

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FCA Research into the issue of de-risking

6 Jun, 2016

AML/CTF, Financial Crimes

Background

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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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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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FACTBOX-Which countries have the most slaves? Key figures from global slavery index

2 Jun, 2016

MEDIA-OPINION

by Continue Reading

TIMELINE - Milestones in the fight against modern slavery

2 Jun, 2016

MEDIA-OPINION

by Continue Reading

The plan to ban work emails out of hours

1 Jun, 2016

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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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

Concept of Skepticism in Internal Audit

31 May, 2016

Awareness-Training

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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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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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Lebanon and Bahrain join the CRS bandwagon

30 May, 2016

FATCA - CRS

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Why ABN Amro Wants to Separate Bitcoin from the Blockchain

30 May, 2016

Blockchain-Digital-Currencies

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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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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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Mutant Cows Show The Corruption Of The Meat Industry

30 May, 2016

At first glance of the below video, you may think you are observing some sort of heavily morphed cow that looks more like a mythical . [...]

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Lebanon pirates 70 percent of its software

30 May, 2016

AML/CTF, Financial Crimes

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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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Money Laundering, Bitcoin and Blockchain: Anonymity, Transparency and Privacy are not Incompatible

29 May, 2016

Blockchain-Digital-Currencies

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The biggest problem in the bond market explained with the help of fried chicken

29 May, 2016

Country Risk

What is liquidity?

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La derive des entreprises du medicament

29 May, 2016

Country Risk

La dérive des entreprises du médicament

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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

Iran still locked out of global financial system, says central bank chief

28 May, 2016

The governor of Iran’s central bank has said obstacles stopping Iranian banks from rejoining the global financial. [...]

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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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Five most common myths about web security

28 May, 2016

AML/CTF, Financial Crimes

Almost 3 terabytes of Continue Reading

You could be held liable for cases of bank fraud if your online security isn't up to scratch

28 May, 2016

If you need another reason to pay attention to online security, new measures under consi. [...]

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French prudential regulator ups fight against money laundering and terrorism financing

27 May, 2016

France's prudential regulator (l'Autorité de Contrôle Prudentiel et de Résolution or ACPR) is stepp. [...]

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UK sanctions body gains tough new criminal and civil enforcement powers

27 May, 2016

HM Treasury's office of financial sanctions implementation (OFSI) will have new enforcement powers from April 2017 under the Policing an. [...]

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G7 leaders pledge action on terrorism, refugees, slow growth

27 May, 2016

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FCA warns banks on use of anti-money laundering rules to close accounts

27 May, 2016

UK banks have been told by the City regulator they should not use anti-money laundering rules as an excuse to close acc. [...]

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Lebanon SIC: Banks need approval before acting on suspicious accounts

27 May, 2016

Daniel L. Glaser, the Assistant Secretary for the Department of the Treasury of the US me. [...]

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Two hours and 1,600 fake credit cards later: $13 million is gone

26 May, 2016

A South African bank became a victim of a bank heist 10,000 miles away, after a group of criminals s. [...]

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Biggest banks in the world list: China dominates, US fades

26 May, 2016

Country Risk

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Qatar Stuns Mideast Debt Market With Record $9 Billion Bond

26 May, 2016

Country Risk

The oil-exporting countries of the Persian Gul. [...]

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BVI publishes beneficial ownership details

25 May, 2016

British Virgin Islands - As has been reported in regional media, the British Virgin Islands has published the exchange of notes and technical protocols agreed with the United Kingdom government relating to beneficia. [...]

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New Taliban Leader: Mullah Mawlawi Haibatullah Akhundzada

25 May, 2016

Executive Summary
. [...]

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Outcomes of MENAFATF 23rd Plenary meeting To Combat Money Laundering and Terrorist Financing, Doha – State of Qatar

25 May, 2016

MENAFATF 23rd Plenary Meeting to Combat Money Laundering and Terrorist Financing was concluded on Thursday,

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U.S. Embassy Sponsors Lebanon-U.S. Terrorist Designations Workshop with the Central Bank

25 May, 2016

U.S. Embassy Chargé d’Affaires Richard Jones and Central Bank Governor Riad Salameh delivered on Mo. [...]

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Lebanon lifted bank secrecy in 28 cases

25 May, 2016

The Daily Star

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The latest in anti-money laundering and counter-terrorism financing: What you need to know

25 May, 2016

Emma Hunter, founder and Supporting Chair of Baker & McKenzie’s Global AML/CTF Group. [...]

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Update 1: Rise and Fall of a Private Swiss Bank - Dark money: London's dirty secret

25 May, 2016

An insider at a Swiss bank warned Britain’s financial watchdogs that bankers in its UK office were offering services that. [...]

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China State-Owned Bank - face U.S. whistleblower claim AML breaches – ruling

25 May, 2016

A Manhattan federal judge on Thursday revived a whistleblower claim by a former Agricultural Bank of China Ltd (601288.SS) chie. [...]

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Rise and Fall of a Private Swiss Bank: MAS directs Swiss Merchant Bank

25 May, 2016

By Bachir El Nakib

MAS Decision dated Singapore, 24 May 2016…

1. The Monetary Authority of Singapore (MAS) announced today tha. [...]

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De-Risking is not a one-size-fits-all

25 May, 2016

In discussions at the ACAMS annual conference in London yesterday, officials did not dispute arguments that a bank's ri. [...]

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Google's Paris offices raided by police in tax probe

25 May, 2016

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Operation Tabernula: AML Lessons learned

23 May, 2016

AML/CTF, Financial Crimes

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Pipelines in the Sand: The Middle East After Sykes-Picot

23 May, 2016

MEDIA-OPINION

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ATM Skimming Malware Is Getting Scarier

23 May, 2016

Seven years ago, in 2009, we saw a completely new type of attack on banks. Instead of infecting the comput. [...]

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FCA Public Censure: Keydata Compliance Officer should have resigned

23 May, 2016

MEDIA-OPINION

The Financial Conduct Authority (FCA) has published a final notice against Peter Johnson, the former compliance of. [...]

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Fraud in $4 Trillion Trade Finance Turns Banks to Digital Ledger

23 May, 2016

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Identifying And Fulfilling The Need For Independent Hedge Fund Administration

23 May, 2016

MEDIA-OPINION

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Customer Due Diligence: Beyond Documents & Money

23 May, 2016

MEDIA-OPINION

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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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Abu Dhabi lays off staff as Gulf austerity tightens

23 May, 2016

MEDIA-OPINION

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