Compliance Best Practices

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

Professional Crypto Laundering

The indictment of Venezuelan national Jorge Figueira in 2026 reveals a highly advanced professional laundering network using cash, crypto, OTC brokerages registered in the UK and U.S., and shell companies with accounts at regulated financial institutions. This article assesses the methodology used, red flags, and actions for financial institutions.

KYC Is Not Just Onboarding, It’s a Living Risk Assessment

When customer profiles become outdated or incomplete, the controls that rely on them, including transaction monitoring and investigations, begin to weaken. This article explores why effective KYC programs must extend beyond onboarding and how stronger customer due diligence supports more accurate risk assessments and more effective financial crime controls.

Compliance Training as a Strategic Control

When training reflects how an institution actually operates, its value extends beyond compliance. This article examines the business case for custom compliance training and why it plays a critical role in managing risk and protecting institutional credibility.

What Effective Compliance Training Looks Like

Custom compliance training is often misunderstood as light tailoring. This article explains what real customization looks like in practice, from risk-aligned content and role-specific learning to training built around real decisions, controls, and regulatory expectations.

Why and How Standardized Training Falls Short

Today’s financial institutions operate across different products, jurisdictions, and threat environments. This article examines why standardized training falls short and where generic programs consistently break down in practice.

Wynn or Lose

Casinos have long been associated with money laundering and organized crime. Explore the recent Wynn Las Vegas $130 million forfeiture as a case study, including threats such as Chinese Money Laundering Networks, mirror transfers, proxy gambling, and the use of shell companies.

Electronic Fund Transfer Consumer Protection

The Electronic Fund Transfer Act (EFTA) was established to protect consumers using electronic fund transfers. Explore what is considered in scope and the changes proposed to include crypto.

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.