Compliance Best Practices

Delve into expert strategies and global guidelines for enhancing compliance programs, risk management, and organizational integrity within the financial sector.

Following the Illicit Funds

As crypto grows, so does regulatory oversight. From SARs and CTRs to MSB registration and potential FBAR requirements, crypto businesses are now firmly within the scope of financial regulations.

Blind Spots in the System

When transaction monitoring fails, the cost goes far beyond fines. This article explores why many programs still miss critical red flags and how effective training helps teams to strengthen detection, calibration, and oversight where it matters most.

Top 10: Cartel Finance & Chinese Money Laundering Networks

The Institute for Financial Integrity has identified the “Top 10” list of actionable resources for financial institutions to use to detect and respond to cartel finance and CMLNs. These can inform policies, processes, systems, controls, and training programs.

Synthetic Identities

Fraud generates billions in proceeds every year, and the use of AI significantly increases the speed, scale, and likelihood of success. Synthetic identities are already leveraged to open accounts used to commit fraud and launder money. Explore red flags and actions financial institutions must take to detect and respond to AI-enabled synthetic identities.

When Holiday Cheer Meets Fraud Pressure

This article breaks down the key scam patterns emerging this season, why December has become a true test of institutional readiness, and the steps teams can take to reduce losses and respond with confidence.

Where Boards and Senior Management Fall Short on Compliance Oversight

From passive oversight and overreliance on compliance officers to blind spots in risk awareness and a check-the-box only training culture, senior management often stumbles in ways that invite regulatory scrutiny. This article explores the most common pitfalls and how leaders can avoid them to strengthen accountability at the top.

OFAC’s 50 Percent Rule

This article delves into OFAC’s 50 Percent Rule, common pitfalls, and best practices for avoiding costly mistakes.

Phantom Risks

As financial crime compliance teams rely increasingly on automation, unseen vulnerabilities often hide in plain sight. This article examines the “phantom risks” modern CCOs face—from AI-driven fraud to overlooked vendor gaps—and how to bring them into the light before they strike.

The Illusion of Preparedness

High training completion rates may look good on paper, but they don’t always mean teams are ready for real-world threats. Explore why even well-trained staff can miss critical red flags—and what leaders can do to turn perceived readiness into proven preparedness.

Operation Mouse

Synthetic identities are increasingly used to perpetrate fraud. Delve into real-life examples of synthetic identity fraud in Canada, along with the actions financial institutions can take in response, in this article.