19 Nov, 2024 Enhancing Corporate Fraud Prevention: Guidance on the Failure to Prevent Fraud Offence By Louise Hatton Emma Walker The final UK Government guidance on failure to prevent fraud has now been published Economic Crime and Corporate Transparency Act 2023:...
18 Nov, 2024 Quality Control Unveiled: Insights from Transaction Monitoring By K.C. Gingras Ensuring high-quality standards in any organization is an essential ingredient that must be rooted within a company’s Quality Management...
30 Sep, 2024 Identity Theft and How To Prevent It By Susan Phetmisy-Liwag Patricia Lewis Imagine sitting in your living room, enjoying a cup of your favorite morning coffee, and you open your mail to discover that you recently...
24 Sep, 2024 Is Internal Audit Falling Short? By Lee Hale Introduction Against the backdrop of the recent “Dear CEO” letter issued by the Financial Conduct Authority (FCA), and the number of...
06 Aug, 2024 Ethical Supply Chains: Responding to World Uyghur Congress v NCA By Jack Gibson Carl Brown Introduction In this article, we examine the potential impact on organisations managing global supply chains of the recent Court of...
25 Jul, 2024 Compass July 2024 By Ankura Consulting Our Anti-Financial Crime industry experts will guide you through the complex world of regulatory and compliance hurdles, providing...
21 May, 2024 AML Risk Assessments Revisited By Ankura Consulting The Bank Secrecy Act (BSA) does not explicitly state that money services businesses (MSBs) must conduct an anti-money laundering (AML)...
13 May, 2024 The Importance of KYC/CDD Review in Preparing for a BSA/AML Program Examination By Ankura Consulting The Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) regulations are fundamental components of the financial industry’s efforts to...
07 May, 2024 Financial Crime Risk Assessment: The Foundations for an Effective Financial Crime Program By Rick Somerset-Williams In the ever-evolving landscape of global finance, the spectre of financial crime looms large, presenting a multifaceted challenge to...
25 Apr, 2024 Crypto Asset Investigations: Key Considerations and Pitfalls By Andrew Sotak Mark Porter Crypto assets are some of the most rapidly evolving and increasingly adopted assets in the world. Decentralized Finance (DeFi) is...
24 Apr, 2024 Cash Continues To Move out of Mainland China By Peter Glanville This article is certainly consistent with what we are seeing! Money continues to flow out of Mainland China (significant volumes through...
24 Apr, 2024 Owning Up: What You Need To Know about FinCEN’s Ultimate Beneficial Ownership Reporting Rule By Jake Hines On September 30, 2022, FinCEN published the Ultimate Beneficial Ownership (UBO) Reporting Rulei (the Rule), which implements reporting...