RiskScout’s Post

Up next on the main stage, a presentation by Vivienne Artz OBE FCSI (Hon) CMgr CCMI AIGP of Global Coalition to Fight Financial Crime titled ‘Fighting Financial Crime & Protecting Data Privacy Through Responsible Data Sharing: A Path Forward’ Vivienne discussed the best methods to fight financial crime through the use of data #AMLTechForum24 #AML #RegTech

RUSI's Eliza Lockhart shared insight on the need for a UK whistleblower rewards program like the #SEC #Whistleblower Program to help fight financial crime in the UK https://lnkd.in/e3dmKNmg

Last month, the Financial Crimes Enforcement Network (FinCEN) added 16 new questions to the Beneficial Ownership Information (BOI) FAQs. Here’s what’s new, by category, sourced from fincen.gov. 👇 #beneficialownership #beneficialownershipinformation #fincen

Excited to kick off our Financial Crime Compliance for branches training! Understanding and combatting financial fraud is key to protect our organization and clients. Together, we're building a safer future. 💼💡 #FinancialCrime #TrainingDay

Join our upcoming webinar "Using Recent Enforcement Actions to Tune Your Compliance Program"! 📽️ 📅 April 25th, 2024 🕐 1pm ET / 6pm BST 🔗 https://lnkd.in/gc3SCyBn #AMLRightSource #AMLVoices #ComplianceWebinar #FinancialCrime #EnforcementActions #Webinar

🔍 Think Like a Criminal to Stay Ahead 🔍 At Malverde, we believe that to combat financial crime, you must understand how criminals can exploit your products to achieve their end💡 Our hands-on experience in identifying crime helps you utilize your fraud and financial crime technology to its fullest potential. Get in touch to discuss our approach! #FinancialCrime #FraudPrevention #Malverde #InnovationInCompliance #TechForGood

As we approach the end of Q1, remember that prevention is key in the fight against fraud. Stay vigilant and keep a close eye on your financial transactions. #FraudPrevention #StaySafe"

FinCEN issued four new FAQs today and the most important of these is that entities that dissolve during 2024 will need to file a BOI report. (See FAQ C.13). Many of his had reasoned that entities could dissolve before the end of 2024 to avoid the need to file. Today's new FAQ closes that door but raises many additional questions. Follow the developments on FinCEN Report.

Both watchlist and sanction screenings play vital roles in safeguarding financial systems. Each serves a unique purpose in detecting risks and ensuring compliance, working together to build a robust defense against financial crime. 🛡️ #AMLCompliance #RiskManagement #FinancialCrimePrevention

Get the most out of your financial crime technology by understanding how criminals will try to exploit your organisation! #financialcrime #aml #fraud #moneylaundering