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Special ACFCS/S2FIS Webinar Series Preview and Financial Crimecast: To conquer compliance, take a hybrid threat finance approach, switch focus from actions to actors

Posted by Brian Monroe - bmonroe@acfcs.org 10/02/2020

Man holding a tablet with a digital threat assessment user panel

The skinny:

  • In this ACFCS Financial Crimecast we preview a special six-week webinar series and course on the transformative power of taking a hybrid threat finance approach to implementing anti-money laundering (AML) programs.
  • The argument: by switching the focus from broad actions and pre-determined scenarios to responding to the actual transactional DNA of threat actors, banks have the chance create timely intelligence with a “high degree of usefulness” to law enforcement.
  • In this chat, we speak to the intense, informed and ever-focused Joshua Fruth, who for the past decade has devoted himself to learning about how criminal networks of all sizes fund and launder funds to keep their illicit enterprises running – akin to how a legitimate corporation operates.
  • Fruth and longtime financial crime compliance thought leader Debra Geister, the head of Section 2 Financial Intelligence Services are also the architects of the Section 2/ACFCS Hybrid Threat Finance Virtual Training Series, a six-week course starting Oct. 14. To learn more about the series and sign up, click here.
  • The training webinar series has collected many of the biggest names and respected professionals across the fields of AML, investigations, intelligence, terror finance, organized crime, money laundering and other disciplines to teach how the savviest illicit groups cleanse their ill-gotten gains.

In this ACFCS Financial Crimecast we preview a special six-week webinar series and course on the transformative power of taking a hybrid threat finance approach to implementing anti-money laundering (AML) programs.

The argument: by switching the focus from broad actions and transaction monitoring systems alerting on red flags, pre-determined scenarios and monetary thresholds to responding to the actual transactional DNA of threat actors, banks have the chance to bolster efficiency, effectiveness and create timely intelligence with a “high degree of usefulness” to law enforcement.

In this chat, we speak to the intense, informed and ever-focused Joshua Fruth, who for the past decade has devoted himself to learning about how criminal networks of all sizes fund and launder funds to keep their illicit enterprises running – akin to how a legitimate corporation operates.

Fruth and longtime financial crime compliance thought leader Debra Geister, the head of Section 2 Financial Intelligence are also the architects of the Section 2/ACFCS Hybrid Threat Finance Virtual Training Series, a six-week course starting Oct. 14.

To learn more about the series and sign up, click here.

The training webinar series has collected many of the biggest names and respected professionals across the fields of AML, investigations, intelligence, terror finance, organized crime, money laundering and other disciplines to teach how the most savvy illicit groups cleanse their ill-gotten gains.

The series will include case studies and real-life examples with practical takeaway for AML analysts, public and private sector investigators, regulators and auditors.

Here is a snapshot of S2’s Threat Finance Academy (TFA), including speaker lineup and topics for Hybrid Threat Finance Series One: