Four recommendations to improve operational compliance – lessons from downunder
June 29, 2021
For this Trend Letter I’ve found 2 articles with a link to Australia. The first is about the never-ending ingenuity of money launderers and the phenomenon of cuckoo smurfing…
CDD analysts: they ‘look’ but what does it take to make them ‘see’?
June 29, 2021
Edwin Hers – June 2021 Authorities are showing their teeth. Multiple financial institutions have settled with the authorities over the last couple of years related to inadequacies in their KYC…
MONEYVAL 2020 Annual Report
June 29, 2021
With its 36 member-states and territories MONEYVAL is the largest of eight FATF-style regional bodies. It is the monitoring body of the Council of Europe entrusted with the task of assessing…