The FinCrime Files – Q&A with Renata Hoes, Chief Compliance Officer at MFEX Luxembourg
Hi Renata, can you describe your role and a little of your career background? Currently the Chief Compliance Officer, MLRO and Data Protection Officer at MFEX Luxembourg, I have had a very successful career in the investment sector in numerous
Webinar Replay: AML Data Challenges & Perspectives with Dev Odedra
In our latest webinar, we interview AML expert Dev Odedra on pertinent issues that resulted from our AML/KYC Data Survey, in regards to anti-money laundering in the financial industry. In this half hour discussion, we look into such issues as
Covid-19, illegal wildlife trafficking and money laundering
The illegal wildlife trade may have been perceived as a relatively low-risk avenue of illicit funds by criminal organisations, but never has the detrimental impact of the illegal wildlife trade been more dire than against the backdrop of the
The FinCrime Files – Q&A with András Bácsfalvi, Chief Compliance Officer at MKB Bank
In the latest of our FinCrime Files interviews, we caught up with András Bácsfalvi, Chief Compliance Officer at MKB Bank. He discusses his view on releasing UBO registers in the EU, developments in AML since the cornonavirus outbreak and
AML during Covid-19: no room for complacency
Even common criminals and drug dealers are affected by Covid-19. As lockdowns and quarantines kept almost a third of the human population indoors, violent crime rates dropped drastically all over the world. Sadly, the same cannot be said about white
InsideArachnys – Q&A with Weichung Shaw, DevOps Engineer
Welcome to InsideArachnys, a series of interviews where we speak to the people behind the Arachnys platform. This month, we caught up with Weichung Shaw, one of our DevOps Engineers in London. Hi Weichung, can you tell us a little
The long road to achieving true perpetual KYC
In recent years there has been a lot of talk about perpetual (or continuous) KYC. It is a term used to indicate the industry objective of moving away from conducting painful and ineffective periodic review processes. Very few banks,
What does the future hold for AML and KYC data?
“There are some decades where nothing happens, and some weeks where decades happen” – Vladimir Il’yich Ulyanov (Lenin) Coronavirus has changed the world. But the changes it will accelerate have been brewing for years. Those of us who are working remotely
US financial crime spending lags behind European counterparts
While we see that the financial crime rate is on the increase due to the coronavirus pandemic, a report from LexisNexis has revealed the worldwide spread of spending in relation to financial crime compliance, finding that North American firms
The FinCrime Files – Q&A with Caroline Kennedy, Head of Financial Crime Control Operations at Santander UK
In the latest of our FinCrime Files interviews, we caught up with Caroline Kennedy, Head of Financial Crime Control Operation at Santander UK. She discusses the difficulties behind unstructured data for fighting financial crime, the key benefits of artificial