Smith Compliance Consulting’s Post

It has become crucial for organizations, financial institutions and, DNFBPs to continue to tackle financial security and remain compliant with Anti-money laundering regulations. One of such way of tackling financial crimes is through Customer due diligence. . . . #antimoneylavndertng #AML #moneylavndering #dirtymoney #coUnterterrorismftnancing #CET #financialcime #financialccimes #compliance #complianceofficer #duedilipence #terroristfinancing #pep #sanction #dictymoney #moneylaunderinp #cime #cimeanalyst #avdit #FinanciallatellipenceUnits #FIU #SuspiciousActivityReport #sanction #SuspicioUsTronsactionReport

Human trafficking is a global problem undermining human dignity and freedom — and generating billions of dollars. This Kaufman Rossin webinar provides insights on real case discussions and the most recent regulatory update. Led by our panel of former and current Special Agents in Charge, Homeland Security Investigations (HSI), the webinar will help AML professionals detect and report potential human trafficking transactions. Watch the webinar below: https://okt.to/7hyvfN

Join me live in discussion with the crew at AML Watcher and respected colleagues from the US as we discuss the new frontier in financial crime threats!

We are pleased to announce that TWELVE Financial Crime Program is now part of the Canadian Financial Crime Academy ------------ Discover our wide range of Certificates and Advanced Certificates tailored to the Canadian Financial Crime Professional, including the Canadian Financial Crime Professional (CFCP) certification. Visit our website at https://lnkd.in/gUkGu4Fv #aml #canada #canadianfinancialcrime #financialcrime #financialcrimes #bribery #corruption #sanctions #informationsecurity #riskassessment

In November 2023, the SEC and CFTC released their enforcement results for their fiscal years that ended September 30, 2023. Both agencies reported ongoing robust enforcement activity and significant monetary sanctions. The SEC report reflects how its enforcement efforts helped it achieve its goals of improving oversight; protecting whistleblowers; encouraging self-reporting, remediation and cooperation; holding individuals and gatekeepers accountable; and addressing misconduct involving digital assets and environmental, social and governance claims. The CFTC report touts its emergence as a “premier enforcement agency in the digital asset space” and illustrates its continuing efforts to combat fraud and market abuse. This article discusses the agencies’ enforcement results and the concerns of SEC Commissioner Mark Uyeda over the SEC’s exercise of its enforcement powers. #HFLR #enforcement https://lnkd.in/epHiWTnr

Updated and released by the #UK Financial Conduct Authority (#FCA), this flagship handbook on Financial #Crime remains a cornerstone in providing practical assistance and information for firms of all sizes and across all sectors on actions they can take to counter the risk that they might be used to further financial crime. Its contents are drawn primarily from FCA thematic reviews, with some additional material included to reflect other aspects of FCA's financial crime remit. #financialcrime #handbook #AML #Compliance #GRC #riskmitigation #sanctions #assetfreezes #insiderdealing #marketmanipulation #datasecurity #bribery #corruption #fraud #moneylaundering #terrorismfinancing #internalcontrol #risk #scam #crypto

Human trafficking is a global problem undermining human dignity and freedom — and generating billions of dollars. The latest Kaufman Rossin webinar provides insights on real case discussions and the most recent regulatory update. Led by our panel of former and current Special Agents in Charge, Homeland Security Investigations (HSI), the webinar will help AML professionals detect and report potential human trafficking transactions. Watch the webinar below: https://okt.to/dpqC5S

Some cogent advice for AMLA from Derville Rowland... Warns against AMLA applying strict supervisory rules to achieve supervisory convergence as this is likely to ignore the fact that risks differ in different regions and may actually miss key risks. Our consultants AnneMarie Whelan & Mella Kennedy are attending today- if you are too, please say hello! #EAFCS2024 #AML

To combat this issue, the Business Improvement District must realign its "safer" Policies and ensure that their hashtag #humancapital is in the right place when it is needed the most. There is a distinct lack of visual deterrent in this hashtag #place #shoplifting #prosecution #fraud #snakeoil #compliance #corruption #crime #daylightrobbery #humancapital #news #sanctions #risk #mentalhealth #arrest #suspiciousactivities #crime #money #regulators #legal #security #businessimprovement #partnershipworking #riskassessment #bids #businessimprovementdistricts #memberbusiness

For those interested in fraud and AML topics, this was an interesting conversation today - worth a watch. 💡