Archive for ‘BSA, AML, & OFAC

August 1st, 2014

Russian Sanctions, A Panel Discussion

Russian Sanctions, A Panel Discussion Link to posted discussion http://www.blogtalkradio.com/bekkercompliancechat/2014/07/30/useu-sanctions-v-russia-global-impact-on-the-financial-services-industry This is a link to a very current discussion on Russian Sanctions hosted by Carrie Bekker, Leona Krasner,MariyaDekhtyar, with Ken […]

July 1st, 2014

Iraqi Dinar

Iraqi Dinar I have watched this rube of an investment idea for years. The heart of the rube assumptions is that the Iraqi dinar will be revalued upward. At 1,168 […]

June 1st, 2014

BNP Paribas

BNP Paribas BNP Paribas is going to get a mighty big fine.  The street estimates are in the range of 5 to 10 billion dollars.  The bankers are riled up […]

May 1st, 2014

Poaching, the Animal Trade and Money Laundering

Poaching, the Animal Trade and Money Laundering The video is an effort to share with our readers a bit more about the illegal trade in poached animals in East Africa […]

April 1st, 2014

AML and OFAC Applies to State Governments

AML and OFAC Applies to State Governments I had a short conversation, off the record, with several investigators that work for state unemployment agencies. The common complaint was the inertia […]

March 1st, 2014

Simple Lesson on Bribery

Simple Lesson on Bribery So, we campaign loudly against bribery.  Yet some say – ah yes, but when does a gift between friends become a bride?  The answer is when […]

February 1st, 2014

Continuous Risk Management for Financial Institutions

Continuous Risk Management for Financial Institutions CRM (Continuous Risk Management) is a discipline that runs through a step-by-step cycle of ‘Identify, Analyze, Plan, Track, Control’ – back to Identify and […]

December 1st, 2013

Memberships

Memberships A new form of money laundering is upon us.  A small drug operation was busted where all of the payments for the drugs were via credit card and PayPal. […]

November 1st, 2013

Policy Manuals

Policy Manuals Here are a couple of thoughts regarding policy manuals in general All policy manuals are  really just  documents copied from somewhere else.  The copies bring with them all […]

October 1st, 2013

The Trap Of Perverse Incentives

The Trap Of Perverse Incentives An audit was performed on a regional bank in Asia who was doing a great job on big issues.  Compliance was a priority – blocking […]