Posts Tagged ‘AML

December 1st, 2014

Over Reporting

Over Reporting A new hot topic is AML and SAR over reporting. Bankers and financial managers are both so spooked about not filing SAR’s and have such little knowledge of […]

November 1st, 2014

FinCEN wants Natural Persons

FinCEN wants Natural Persons The Financial Crimes Enforcement Network (FinCEN), has proposing rules under the Bank Secrecy Act to clarify and strengthen customer due diligence requirements for: (i) banks; (ii) […]

November 1st, 2014

Laundering Money with a Hedge Fund

Laundering Money with a Hedge Fund Today most retail banks have become very good and I do mean very good at spotting money laundering. They have been doing it for […]

October 1st, 2014

Issues For Custodians

Issues For Custodians Proper funds, trustees, and escrow companies all use the services of a custodian. A custodian is an independent entity that holds on to an asset, or the […]

September 1st, 2014

Exempt Entities

Exempt Entities There are a number of exempt entities from the BSA and AML requirements. Chief amongst these are government and quasi-government accounts. This is a surprise to many, but […]

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 […]

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 29th, 2014

International Associations of Financial Management

International Associations of Financial Management Athens, Greece Anti Money Laundering and Compliance June 10th – 13th, 2014 http://www.Interfima.org

April 29th, 2014

Money Laundering and Anti-Money Laundering (AML) Compliance

Money Laundering and Anti-Money Laundering (AML) Compliance Club Quarters Hotel, Manhattan June 4th – 5th, 2014, New York City http://fmwonline.squarespace.com/anti-money-laundering