Fatima Elouahli’s Post

Interesting piece on a theme I have covered in my posts - compliance through enforcement. FinCEN Director Andrea Gacki highlighted this point in the referenced article from Compliance Week and noted the agency has been increasingly active lately. She attributed the agency's success with enforcement actions to its AML and sanctions whistleblower program, which she said has received 240 unique tips. Read more in the referenced piece. #fincen #aml #amlcompliance #regulatorycompliance

AML/CFTP Governance - Focusing on Board and Senior Management Oversight In our ongoing series on Anti-Money Laundering and Countering the Financing of Terrorism and Proliferation (AML/CFTP) insights, this week, we look at the critical roles of the board of directors, and senior management in ensuring effective governance. Robust oversight is essential to ensure compliance with local regulations, international standards such as those set by the Financial Action Task Force (FATF), and safeguarding financial institutions against financial crimes. Attached is this weeks article. Happy reading >>>> #AML #CFTP #Insights #Compliance #Governance

🌟 Join the Fight Against Money Laundering in Asia Regulation Asia invites all AML practitioners, compliance officers, and risk managers to shape the future of financial crime prevention through our Financial Crime Barometer 2025. 🔍 Why Join: This multi-year study tracks critical trends, threats and priorities across APAC. Participants will gain early and exclusive access to actionable insights, equipping them to stay ahead in the fight against financial crime. 💡 Your Impact: Your insights help combat real-world threats like human trafficking and terrorism funding. Don’t miss your chance to contribute to this vital research. 👉 Complete the Survey Today: https://lnkd.in/dPDJ3wV8 #AML #FinancialCrime #RegulationAsia #Survey #Barometer #MoneyLaundering

Understanding the latest developments from Financial Action Task Force (FATF) underscores the critical importance of robust compliance systems in combating financial crime globally. Jurisdictions under increased monitoring are actively addressing strategic deficiencies in their AML/CFT regimes, highlighting the necessity for organizations to have effective systems like Reputell™️. These systems not only ensure regulatory adherence but also safeguard against risks associated with money laundering, terrorist financing, and proliferation financing. Stay informed and proactive in enhancing your compliance measures to maintain integrity and trust in your operations. https://lnkd.in/dHVY5Pgy #ComplianceExcellence #AML #CFT #FinancialSecurity #RiskMitigation #GlobalRegulations

Welcome to Weekly Words of Wisdom with Stephen (Steve) Hancock FICA Dip (AML), director and co-founder of AML Analytics. This week Steve discusses the key outcomes of the FATF Plenary which took place in Paris last week. Find out what countries were congratulated for making significant progress in addressing the strategic AML/CFT deficiencies previously identified during mutual evaluations. #fatf #terroristfinancing #aml #proliferationfinancing #moneylaundering #followthemoney #terrorismfinancing

🌟 Join the Fight Against Money Laundering in Asia    Regulation Asia invites all AML practitioners, compliance officers, and risk managers to shape the future of financial crime prevention through our Financial Crime Barometer 2025.    🔍 Why Join: This multi-year study tracks critical trends, threats and priorities across APAC. Participants will gain early and exclusive access to actionable insights, equipping them to stay ahead in the fight against financial crime.    💡 Your Impact: Your insights help combat real-world threats like human trafficking and terrorism funding. Don’t miss your chance to contribute to this vital research. 👉 Complete the Survey Today: https://lnkd.in/dPDJ3wV8 #AML #FinancialCrime #RegulationAsia #Survey #Barometer

It is a new day, a new week, a new dawn! This week, I will be sensitizing Designated Non-Financial Businesses and Professions on their AML/CFT obligations and penalties attached to Non-Compliance with provisions of the Money Laundering (Prevention and Prohibition)Act 2022, EFCC Regulations 2022 and the Terrorism (Prevention) Act, 2013. We all need to get it right! #AML#CFT#Compliance.

Last month major financial regulators proposed significant amendments to the anti-money laundering (AML) and countering the financing of terrorism (CFT) rules. Walter J. Mix III and David Abshier summarize the changes, which underscore a shift toward more rigorous and standardized AML/CFT practices. Financial institutions should prepare for these updates by reviewing their risk assessment processes and ensuring their AML/CFT programs align with the new requirements. Read the article 📖 ➡ https://lnkd.in/e-KrVCkR #financialadvisory #AML #CFT

🌟 Join the Fight Against Money Laundering in Asia Regulation Asia invites all AML practitioners, compliance officers, and risk managers to shape the future of financial crime prevention through our Financial Crime Barometer 2025. 🔍 Why Join: This multi-year study tracks critical trends, threats and priorities across APAC. Participants will gain early and exclusive access to actionable insights, equipping them to stay ahead in the fight against financial crime. 💡 Your Impact: Your insights help combat real-world threats like human trafficking and terrorism funding. Don’t miss your chance to contribute to this vital research. 👉 Complete the Survey Today: https://lnkd.in/dPDJ3wV8 #AML #FinancialCrime #RegulationAsia #Survey #Barometer #MoneyLaundering

Financial Conduct Authority's May 2024 handbook ( release no.36 ) "Financial Crime Guide" handbook covering 8 critical areas including financial crime, money laundering, terrorist financing, fraud, data security, bribery and corruption, sanctions, insider dealing, and market reputation. Highly recommend read for fraud risk and financial crime management professionals . Each topic is covered with self assessment questions and future guidance . #financialcrime #moneylaundering #terroristfinancing #fraudprevention #datasecurity #briberyandcorrpution #sanctions #insidertrading #regulatorycompliance #financialrisk https://lnkd.in/gzpFza3