Emerging threats and technologies facing AML practitioners in the world today
Listen now
Description
The task of complying with anti money laundering regulation has never been so complicated. The collection, analysis and management of client data to meet regulatory demands and find hidden risk has become an increasingly complex and laborious task. Automation will help to reduce some of the burden of the task, yet the growing role of technology in compliance brings is own set of challenges. Martin Wood, the Head of Financial Crime for Thomson Reuters, chats with Khaled Alhuneidi and Adrianus Schrool, both of whom are AML specialists and lawyers with Allen & Overy in Dubai, about the future of AML and the challenges of data management.
More Episodes
The increasing focus on trade based money laundering as a conduit of illicit financial flow follows years of ever tightening anti money laundering controls. Those seeking to move funds illicitly have had to innovate, and international trade offers many opportunities. Jesse Spiro, Global Head of...
Published 08/31/18
Financial inclusion is key to economic growth, yet many banks and financial institutions are choosing to de-risk by suspending services to entire sections of the business population. While there are many reasons for derisking, cost is undoubtedly a factor, yet de-risking potentially endangers the...
Published 06/15/18
The Financial Action Task Force (FATF) facilitates scheduled peer review evaluations that help governments to benchmark their anti money laundering efforts against a global standard. In the run up to an evaluation it is usual for government policy to be scrutinised and upgraded where necessary,...
Published 05/04/18