The economic sanctions landscape is changing daily. But how can organizations keep pace? This was the central question of a mid-morning panel discussion today at the ACAMS Conference in Las Vegas, “Is This the Year That Sanctions, AML, and Cybersecurity in Correspondent Banking Converge?” As the panel noted, much of this began with the Obama …
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Thomson Reuters Expands CLEAR ID Confirm With Business Data
Thomson Reuters has expanded its identity verification process — CLEAR ID Confirm — to include business and organizational data. As part of the CLEAR online investigations suite, CLEAR ID Confirm leverages comprehensive, up-to-date public and proprietary data to enable organizations to complete identity verification tasks, including risk evaluation and business vetting. The product is tailored …
ACAMS 2017 Conference Preview
Next week (9/25-9/27), the ACAMS (Association of Certified Anti-Money Laundering Specialists) 16th Annual AML & Financial Crimes Conference will kick-off at the Aria Resort & Casino in Las Vegas. Some 2,500 public and private sector professionals will gather to discuss a range of topics across the anti-money laundering landscape, including experts from Thomson Reuters. Legal …
Thomson Reuters Launches CLEAR ID Confirm
Thomson Reuters has launched a new solution to streamline the identity verification process – CLEAR ID Confirm. As part of the CLEAR online investigations suite, CLEAR ID Confirm leverages comprehensive, up-to-date public and proprietary data to enable organizations to verify an individual’s online identity, payee identity and customer identity. CLEAR ID Confirm is designed for …
Managing Risk During Risky Times — ACAMS 2016 Day 3 Keynote with Comptroller of the Currency
“We can’t let our guard down because the stakes are too high.” This was the strong reminder from Thomas J. Curry, Office of the Comptroller of the Currency, during his day three keynote at ACAMS 2016. With the event wrapping-up today at the Aria Resort & Casino in Las Vegas, his speech acknowledged the challenging …
Partnering with Law Enforcement to Leverage Investigative Resources – ACAMS 2016 Panel
Partnerships between the private and public sector are often touted as the answer to confront illicit finance. But how do professionals from two distinctly different types of organizations work together if they don’t “speak the same language?” Solving this issue was the focus of a day two session at ACAMS 2016, “Partnering with Law Enforcement …
Rearming Compliance Policies to Fight New Forms of Threat Finance – ACAMS 2016 Day Two Keynote
“We see our adversaries as a business. It’s a business that produces fear, discord and chaos.” Lt. Col. Joshua Potter, U.S. Special Operations Command (SOCOM), says that perspective is key to developing the interagency strategies needed to confront the growing threat of home-grown terrorism. Today’s ACAMS opening session, “Rearming Compliance Policies to Fight New Forms …
Man vs. Machine: Balancing Automation and Manual Reviews to Strengthen Risk Monitoring – ACAMS 2016 Panel
The intersection of man and machine – and which shoulders more of the work going into the future – is not just a concern for the legal professional, but also those in anti-money laundering (AML). As Markus Schulz, global head of FCC Controls, Group Financial Crime Compliance, Standard Chartered, noted, AML professionals ask the very same …
Developing and Maintaining AML Regimes for Gaming Institutions of All Sizes – ACAMS 2016 Panel
Las Vegas is a city defined by its casinos. But the tall towers, sprawling properties and seemingly unlimited stream of income are far from the norm in the gaming industry, particularly when tribal gaming and small independent casino operators enter the conversation. And by that same note, anti-money laundering (AML) regimes differ from casino to …
Managing the Risks of Risk Management – ACAMS 2016 Panel
Law enforcement organizations are often burdened with a lack of resources for investigating financial crimes, as Sheriff Joseph Lombardo, Office of the Sheriff, Las Vegas Metropolitan Police Department, noted during his ACAMS 2016 keynote this morning, But as the panelists during the “Managing the Risks of Risk Management” session later that day noted, financial institutions …
