ACFE UK Chapter Annual Fraud Conference 2014

The Association of Certified Fraud Examiners (ACFE) UK Chapter will be holding their 4th Annual Fraud Conference in London on October 1st. The theme for this hugely popular event will be “The future of fighting fraud.” You will hear from a diverse range of speakers, from the Financial Services, Law Enforcement, […] Continue Reading »

Money Laundering in Canada 2014 – September 28 -30 Conference

Anti‐Money Laundering / Counter Terrorist Financing Compliance: Bringing Risk to the Forefront The Money Laundering in Canada 2014 Conference agenda will examine ML/TF risk from a variety of perspectives, including: sector-specific risk typologies; risk measurement practices; both current and new risk management tools and services; testing effectiveness; and regulatory expectations and standards […] Continue Reading »

14th Annual FIBA AML Compliance Conference – February 20-21, 2014 – Miami

  Does your financial institution have a well-defined culture of compliance? What does that even mean in terms of policies and procedures, controls, audit, hiring and training? These are questions compliance personnel should consider in the current enforcement environment. Financial institutions are being subjected to heightened scrutiny as a result […] Continue Reading »

BBA Anti-Money Laundering Induction Workshop – Jan 24 2014

This induction workshop is an essential primer for all Officers assuming responsibilities for AML issues. The workshop explores and critiques the main concepts of the UK’s legal framework, POCA and reporting suspicions, Money Laundering Regulations, FCA requirements and industry guidance – key compliance obligations. Date: 24/01/2014  Venue: Pinners Hall, 105-108 Old […] Continue Reading »

Kyrgyzstan – Know Your Customer (KYC) Rules

  The Kyrgyz Republic (Kyrgyzstan) operates largely on a cash economy and with decentralized accounting systems, which makes money laundering difficult to detect. The banking sector is small and the Kyrgyz Republic is not a regional financial center. A significant percentage of the country‘s GDP comes from remittances from abroad, posing […] Continue Reading »

Tajikistan – Know Your Customer (KYC) Rules

  Tajikistan operates largely on a cash economy and with decentralized accounting systems, which makes money laundering difficult to detect. Furthermore, deficiencies in Tajikistan‘s recently enacted AML/CFT law increase Tajikistan‘s vulnerability to money laundering and terrorism financing. Criminal proceeds laundered in Tajikistan derive from both foreign and domestic criminal activities […] Continue Reading »

Uzbekistan – Know Your Customer (KYC) Rules

  Uzbekistan operates largely on a cash economy and with decentralized accounting systems, which makes money laundering difficult to detect. Furthermore, deficiencies in Uzbekistan‘s recently-enacted AML/CFT law pose significant risks of money laundering and terrorism financing. Uzbekistan is not an important regional financial center and does not have a well-developed […] Continue Reading »

Turkmenistan – Know Your Customer (KYC) Rules

  Turkmenistan is not an important regional financial center. There are only five international banks and a small, underdeveloped domestic financial sector. Foreign companies operate three casinos in Turkmenistan, which under certain conditions could become vulnerable to financial fraud and money laundering. Given Turkmenistan‘s shared border with Afghanistan, money laundering […] Continue Reading »

Brunei – Know Your Customer (KYC) Rules

  Brunei is not a regional financial center and does not have free trade zones. Brunei has a small offshore financial center and its proximity to high crime regions, along with its large foreign worker population and limited anti-money laundering/counter-terrorist financing (AML/CFT) institutional capacity, make it vulnerable to cross-border criminal […] Continue Reading »

Malaysia – Know Your Customer (KYC) Rules

  Malaysia is a growing regional financial center and has a well-developed anti-money laundering/counter-terrorist financing (AML/CFT) framework. Malaysia‘s long porous land and sea borders and its strategic geographic position increase its vulnerability to transnational criminal activity, including money laundering and terrorist financing. Malaysia is primarily used as a transit country […] Continue Reading »