Author Archives: Brian Monroe
Fincrime Career Tips and Tricks: Falling prey to ID theft scam fuels fight for instructor to illumine illicit tactics, preach prevention, vindicate victims
The Skinny: In this new initiative, ACFCS engages the fincrime compliance community for wisdom and practical insights on how to enter and rise in a fulfilling, but demanding and ever changing, field. We are asking minds across the spectrum and around the world of compliance officers, regulators and investigators to share some of their secrets […]
Special ACFCS Exclusive Contributor Report: Three ways compliance professionals can use AML, AI, contextual investigations and more to better protect their institutions from the growing threat of crypto crime
The Skinny: The volatile crypto sector has in recent months captured more interest, legitimacy, value and mainstream acceptance, with high-profile tech leaders like Tesla founder Elon Musk jumping on board – setting up an eventual clash with compliance teams. That’s because along with crypto coins like Bitcoin eclipsing the $60,000 mark the volatility and opportunity […]
Federal regulators to banking industry: How do you use AI to fight financial crime, train data, mold models, secure cyber, serve customers?
The Skinny: The five top regulators of the country’s financial services sectors are querying the industry about the pros, cons, potential and prognostication tied to artificial intelligence, including in the areas of financial crime compliance. The U.S. Treasury’s Office of the Comptroller of the Currency (OCC), the regulator of the country’s largest and most complex […]
After impressive run heading FinCEN, shepherding shift to ‘effective’ AML programs, Blanco taking top fincrime compliance post at Citi
The Skinny: After an impressive run at the U.S. Treasury’s financial intelligence unit, Kenneth Blanco, who shepherded and worked to implement some of the country’s most significant updates to financial crime compliance rules in the last 20 years, is making the jump to the private sector. Citigroup, in the midst of a shakeup to refocus, […]
Fincrime Career Tips and Tricks: To achieve success as a government investigator, never stop learning, listening, looking through eyes of senior agents – and crafty criminals
The Skinny: In this new initiative, ACFCS engages the fincrime compliance community for wisdom and practical insights on how to enter and rise in a fulfilling, but demanding and ever changing, field. We are asking minds across the spectrum and around the world of compliance officers, regulators and investigators to share some of their secrets […]
ACFCS Member Spotlight: For PwC India AML leader Dhruv Chawla, compliance success a mix of regulatory responsiveness, investigator ingenuity, enduring empathy
The Skinny: As a partner at one of the world’s largest financial services consulting and audit firms, Dhruv Chawla is part of an elite group of professionals who must knit together, at times, seemingly divergent objectives – follow the letter of rote regulatory processes in a defensive posture to prevent criticism and follow the spirit […]
Fincrime Career Tips and Tricks: To stand out in crowded compliance field, refresh, refine resume, train tactically, network aggressively
The Skinny: In this new initiative, “Fincrime Career Tips and Tricks,” ACFCS is engaging top minds across the fincrime compliance community for wisdom and practical insights on how to enter and rise in a fulfilling, but demanding and ever changing, field. This quarter, we’re focused on guidance for launching a career – everything from what […]
Fincrime Career Tips and Tricks: To win fight against corruption, expand skills, schooling, knowledge, networking
The Skinny: In this new initiative, “Fincrime Career Tips and Tricks,” ACFCS is engaging top minds across the fincrime compliance community for wisdom and practical insights on how to enter and rise in a fulfilling, but demanding and ever changing, field. This quarter, we’re focused on guidance for launching a career – everything from what […]
ACFCS Exclusive Contributor Report: Modern Day Cocaine Cowboys – More Drugs, Money and Methods, Key takeaways from latest U.S. drug threat assessment, strategy reports
The Skinny: In this special contributor piece, longtime fincrime compliance thought leader Dev Odedra, dissects and condenses more than 550 pages from three seminal annual reports covering illicit narco trafficking trends, threat groups, laundering tactics and the effectiveness of compliance laws at the country level to stop them. While not light bathroom perusing, the U.S. […]
ACFCS Member Spotlight: For Charles Delingpole, Founder, CEO of ComplyAdvantage, unexpected stint as AML officer leads to new career, regtech company
The Skinny: Serial technology entrepreneur Charles Delingpole already knew that starting a company – any company – was hard. He started his first firm when he was 16. But he also realizes that when building a firm from the ground up, keeping the budget lean and mean, focusing on growth and wearing many hats is […]
Fincrime Briefing: To truly fight financial crime, FinCEN needs more authority, better technology, higher budget – Special GFI report
The Skinny: A top transparency watchdog is pushing for a bevy of updates to the chief U.S. agency responsible for crafting and implementing the country’s financial crime compliance defenses in a bid to better keep pace with illicit and ignoble groups laundering trillions of dollars annually. After months of engagement with current and former public […]
Regional Report: As EU works to bolster AML across bloc in compliance offensive, gets defensive on blacklists, overlapping directives
The Skinny: European authorities are starting 2021 with a naming and shaming offensive against member countries not transposing compliance directives quickly enough, while at the same time getting defensive about the politics and methodologies for listing regions outside the bloc for perceived fincrime failings. The European Union Commission in its latest Infringements Package is again […]