COMPLIANCE NOTES

Does your organization have a defined risk appetite? If not, current changes to the business landscape, resulting from the global COVID-19

The European Commission adopted a new regulation in regard to third countries having strategic deficiencies in their AML/CFT regimes.

On April 15, 2020, the FFIEC announced its release of several updates to the Exam Manual, which was originally released in 2005.

In March LexisNexis Risk Solutions published a report titled, The True Cost of Financial Crime Compliance.

FinCEN urged financial institutions to file SARs on suspicious activity involving COVID-19 and to note “COVID19” on the SAR form.

The coronavirus, also known as COVID-19, has sparked a global health emergency and drastically disrupted business, markets, and the movement

March is Women's History Month. What better way to commemorate it than to take a look at the 19th Amendment to the U.S. Constitution?

In honor of National Grammar Day, below are three common grammar errors, along with examples of their grammatically correct counterparts.

Recognizing the potential risks and knowing how to protect yourself, your company, and your clients from cyberthreats is half the battle.

Today, the Tax Justice Network, an independent international network, released its sixth and latest edition of the Financial Secrecy Index.

Understanding the risks posed by anonymous shell companies is key to the effective management of a BSA/AML compliance program.

The CPI was first released in 1995 and has become the leading global indicator of public sector corruption. Each country is assigned a score

Human trafficking involves the illegal smuggling and trading of people and is a form of modern day slavery.

Now in its fifth iteration, the 5th Anti-Money Laundering Directive (AMLD5) is part of an action plan to strengthen EU rules.

According to this new Policy, absent any aggravating factors, there is a presumption that a company will receive a non-prosecution agreement

2019 was an active year in Bank Secrecy Act/anti-money laundering (BSA/AML) and sanctions compliance enforcement.

Wishing everyone a happy, healthy, meaningful, and prosperous new year! 2020!

COSO published new guidance addressing how companies can use COSO's Enterprise Risk Management (ERM) Framework to assess cyber risk.

FinCEN Director, Kenneth Blanco, highlighted efficacy of BSA data and the crucial need for greater transparency around beneficial ownership.

To promote awareness about corruption, the United Nations General Assembly designated December 9th as International Anti-Corruption Day.