Financial Crime

ACAMS: The latest on sanctions, enforcement actions & emerging trends

One of the most powerful agencies in the United States’ international fight against terrorism, drug trafficking, and money laundering is the U.S. Treasury’s Office of…

Tad Simons October 15, 2020

Understanding Bank Secrecy Act enforcement: New guidelines leave some uncertainty

This article was written by Michael Garcia, a partner in the Miami office of White & Case LLP, and Jeremy Kuester, of counsel in White…

Thomson Reuters Institute October 09, 2020

ACAMS: How financial institutions are using AI to improve Enhanced Due Diligence

At financial institutions, routine background checks on new customers, referred to as customer due diligence, are required as part of the industry’s standard know-your-customer protocols.…

Tad Simons October 08, 2020

How your bank can prevent commercial lending fraud in COVID-19 relief programs

Gina Jurva of Thomson Reuters contributed to this article. The impact of the COVID-19 pandemic on the nation’s health, economy, and even psyche has been…

Melissa D. Berry October 07, 2020

ACAMS: Analyzing Operation Stolen Promise

When Congress passed the $2.2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act in March, officials at the U.S. Department of Homeland Security and…

Tad Simons October 02, 2020

ACAMS: Compliance in the Era of COVID-19, with FinCEN director Kenneth Blanco

Before the COVID-19 pandemic hit, the federal government’s Financial Crimes Enforcement Network (FinCEN) already had its collective hands full investigating cyber-crime, identity theft, drug trafficking,…

Tad Simons September 30, 2020

Using AI and emerging tech to battle disinformation & protect digital identities

Digital communications have put a spotlight on the prevalence of disinformation, including deep fakes, and the possibility for political upheaval that they carry. Industries turning…

Aileen Schultz September 17, 2020

U.S. federal government recovers $2.6 billion in FY 2019 from healthcare fraud

The U.S. Department of Health and Human Services (HHS) and U.S. Department of Justice (DOJ) released their annual report to Congress related to stopping healthcare…

Melissa D. Berry August 21, 2020

The rising profile of the Corporate Security Executive

This blog post was written by Michael Gips, JD, CPP, CSyP, CAE, and principal of Global Insights in Professional Security; and A.J. Cook, who is…

Brooke Stokke July 24, 2020

Forum magazine: Boosting law firm business development by turning key clients into strategic accounts

This article was written by Silvia L. Coulter & Steve Bell, and originally appeared in the Spring 2020 issue of Forum magazine. This article is…

Thomson Reuters Institute June 22, 2020

Forum magazine: Georgetown undergrads aid the wrongfully convicted

This article originally appeared in the Spring 2020 issue of Forum magazine. Every other semester, a small class of undergraduate students at Georgetown University ventures far…

Chris O'Leary June 15, 2020

Unemployment insurance fraud soars during pandemic

With total jobless claims since mid-March exceeding 40 million, it is no surprise that criminals have moved quickly to exploit vulnerabilities in legacy systems in…

Melissa D. Berry June 12, 2020