The public and private sectors must work together more closely to restore trust and stability across international institutions and to enable them to respond more quickly to major risk events, a leading compliance expert has said.
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Dirty money’s dirty secret: We’ve all been deceived – there is no ‘war on drugs’
In this article former U.S. undercover agent, Robert Mazur confesses that he, his fellow law enforcement agents on the front lines, the U.S. public and the world’s communities have been deceived. A small band of the politically powerful have, time and time again, undermined the integrity of “the war on drugs”. It’s not a war; it’s a lie, he writes.
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New Zealand’s central bank takes on first major money laundering investigations
New Zealand’s central bank is well advanced in its first major investigations into anti-money laundering and counter financing of terrorism (AML/CFT) compliance failures, as it ramps up its financial crime compliance enforcement presence.
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How Powerful are ASIC and AFCA? Federal Court Sheds Light
Each time a challenger takes ASIC or AFCA to court, it is always telling to see how it plays out. Essentially, we get to learn more about the reach of their powers.
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FinCEN leaks highlight need for “radical” approach to tackling financial crime
Governments need to consider taking more “radical” measures to tackle financial crime threats in the wake of the FinCEN Files, even if there is a risk of “intelligence leakage”, an industry poll has found.
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Geopolitical impacts on global supply chains
Most of the time, supply chains work seamlessly. That is, until a geopolitical stressor exposes the weaknesses of a system with too much efficiency and not enough resilience.
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Regulation of Auditing: Senate Committee report tabled
The Parliamentary Joint Committee on Corporations and Financial Services has tabled its final report into the Regulation of Auditing in Australia.
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Tranche too hard: Australia edges forward with glacial AML/CTF law reform agenda
Australia has revived its sclerotic anti-money laundering (AML) law reform program with the long-awaited “Phase 1.5” legislation moving through the federal Lower House.
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Cost of Compliance Report 2020: COVID-19 Update
Thomson Reuters has released its Cost of Compliance 2020: COVID-19 Update, in addition to its unparalleled 11th Regulatory Intelligence Cost of Compliance Report.
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WEBINAR: Beyond the FinCEN files: Building a better framework for financial intelligence
Beyond the FinCEN files: Building a better framework for financial intelligence. Hear from global experts on the future agenda for AML/CTF compliance.
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