The Institute Digest (Bank Holiday Edition) 29/8/22

The Institute AML and Financial Crime Digest #80 - Bank Holiday Edition - 29/8/22

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The Institute September Meeting - hosted by Womble Bond Dickinson (UK) LLP

https://bit.ly/3TsKNro

On 28/8, Financial Action Task Force (FATF) issued an updated schedule of all #AML/#CFT ratings - via Ray Todd and the excellent raytodd.blog:
https://bit.ly/3PRIGdD

UK regulatory fines slump after #pandemic logjam
https://bit.ly/3dXceJj

Matthew Poli provides some important updates on The Register of Overseas Entities
https://bit.ly/3RzP22D

Nigel Morris-Cotterill Comment on Kong v Gulf International Bank - internal audit compared with #whistleblowing
https://bit.ly/3PWfKRM

A #malware toolkit, known as #Pipedream, is perhaps the most versatile tool ever made to target critical infrastructure
https://bit.ly/3R1UlrI

Holistic #Fraud Case Management
https://bit.ly/3KvnQ2k

Niall Hearty details the conviction of an Investment Manager who orchestrated a £100 Million Fraud
https://bit.ly/3AWggLk

John Binns offers a practical guide to the complex nature of money laundering investigations...
https://bit.ly/3crfMTZ

...and also takes a look at the UK's new Overseas Entities Register: Will The Sledgehammer Crack The Nut?
https://bit.ly/3AWGXj2

An interview with Richard J. Witismann, Founder and CEO of Regulatory Compliance Associates (RCA)
https://bit.ly/3TjInLD

Uncovering #data relationships to better track Russian money: Neo4j’s Alicia Frame explains.
https://bit.ly/3pUfkR2

Institute supporter Lucinity has hired Cate Wright to strengthen its customer success team
https://bit.ly/3PXe0aO

How I used #deepfakes to bypass security verifications in a bank - Timur Yunusov
https://bit.ly/3e3S4xB

New Report Reveals the Potential Value of Bank Assured Identity
https://bit.ly/3KuuUwn

Project CRAAFT event: Reassessing the Financing of Terrorism in 2022 (RAFT22)
https://bit.ly/3Az3jFT

Stephen Sargeant provides some surprising details about the case of 3 men charged with defrauding Banks and Cryptocurrency exchanges of more than $4mn
https://bit.ly/3QZghUg

#Nuns from The Phillipines among 16 charged with terrorism financing
https://bit.ly/3crrZrL

#Germany comes up short in latest Financial Action Task Force (FATF) report...
https://bit.ly/3Q5M84w

...and sets out plans to start a new country-wide financial crime authority
https://bit.ly/3CMKDVw

Research: Financial inclusion washing
https://bit.ly/3PZACYd

The Institute Committee is:

Phil Coole | Daren Allen | Darren Woodburn | Tracey Stevenson | Leanard Phillip. MSc.FinReg/Comp. Mgt. DipAML | Hidee Fletcher | Meagan Birch | Dean Evans | Jacob Bettany

The Institute of Money Laundering Prevention Officers is supported by:

Guidehouse | Beyond | Lucinity | Complyport

#antimoneylaundering #moneylaundering #terrorismfinancing #financialcrime #fintech #compliance #lawenforcement #digitalassets #banking #regulation