ACFCS Member Spotlight: For Thomson Reuters’ Amanda DuPont, children’s ability to be ‘curious, fearless’ in face of challenges inspires, guides fincrime fight

The Skinny: When it comes to finding a source of inspiration, for Amanda DuPont, a public records product expert at Thomson Reuters, she doesn’t have to look far for an infinite wellspring to draw from: children. The Minneapolis, MN.-resident has found that over her 23 years in the legal and financial services fields, passion, tenacity, […]

Special ACFCS Contributor Report: Banks Have a Moral Obligation to Fight Human Trafficking

The Skinny: A recent advisory by the U.S. Treasury’s Financial Crimes Enforcement Network tied to the red flags of human trafficking puts more pressure on fincrime compliance professionals to help fight a global crime garnering hundreds of billions of dollars in illicit revenues. Faced with this unfathomable evil and new FinCEN guidelines, investigators have turned […]

EU council formally agrees to create new bloc-wide AML regulator with direct authority to review, penalize institutions

EU AML Authority

The Skinny: After an agreement with finance ministers, the European Union will move forward in creating a bloc-wide financial crime compliance sentinel to directly oversee country regulators and financial institutions – with power to engage in direct reviews, request information and levy monetary penalties. The agreement will form the foundation for more formal legal edicts […]

For Abrigo’s Andres Tapia, flair for floral design, composition translates easily to skills needed to craft AML programs, balance risks, resources, results

The Skinny: While colleagues might know Andres Tapia as being an artist when it comes to designing fincrime compliance programs, a challenge that requires balancing a cornucopia of precarious variables, in college he was known for his penchnat for agricultrual aesthetics. But that duality – the ability to combine various seemingly disparate elements together and […]