As we start off another year, let’s revisit my 2021 AML predictions to see how they held up, and explore what 2022 may hold.
Adam McLaughlin possesses several years of operational experience identifying, investigating and mitigating financial crime risks. He previously worked as an AML compliance manager for J.P. Morgan and before that spent nearly 10 years as a Police Detective in the UK. Part of this was managing a financial crime investigation team in the City of London Police, the UK’s national lead force for economic crime.
Adam was also an operational member of the UK Joint Money Laundering Intelligence Taskforce (JMLIT). The JMLIT is a joint public and private partnership whose aim is to work together to share intelligence and information to fight financial crime and identify new threats.
FCA Increases Regulatory Pressure to Strengthen AML Controls for Trade Finance
On September 9, 2021, the FCA sent a ‘Dear CEO’ letter to firms carrying out trade finance businesses. The letter informed firms of their
Cryptocurrency: Top Frequently Asked Questions for Financial Crime Prevention Professionals
In a recent webinar series with NICE Actimize and CipherTrace, Digital Currencies: Understanding Expectations and Managing Your Risk, the team had a great discussion
The Future of Information Sharing Across the Financial Crime Landscape – Is Your Organization Ready?
It’s no secret that the way the financial industry is sharing information today is outdated. Our organizations’ AML and fraud systems are siloed and
Fighting Financial Crime Effectively – Are we getting it wrong?
Over the span of the last decade, there has been a seemingly unstoppable growth in financial crime and the predicate crimes that feed it.