Insights

Risk Assessment

Money Laundering

Terrorist Financing

Blog post

31 Jul 2023 • 10 min read

How competent authorities can enhance their risk assessments

Background and Purpose The European Banking Authority (EBA) have recently published a report assessing the AML/CFT supervision approach of twelve Competent Authorities (CAs) [EBA/REP/2023/20]. Acuminor have analysed this report with a focus on the risk assessment findings.

Risk Assessment

United Kingdom

23 Jan 2024 • 9 min read

Regulatory penalties in 2023: common compliance challenges

Preventing the use of the legitimate financial system to launder the proceeds of crime continues to be a priority area for the UK’s Financial Conduct Authority (FCA).1 As an authorized firm, you’re expected to implement proportionate and effective systems and controls to identify and mitigate the...

Risk Assessment

Blog post

08 Nov 2023
5 min read

The business-wide risk assessment's ability to orchestrate soloists and harmonise risk management

Introduction

In the world of risk management and financial crime prevention, orchestrating an...

Risk Assessment

16 Oct 2023
9 min read

Diagnosing the state of financial crime effectiveness, identifying the vitamins needed

In this blog I discuss the hangovers experienced by financial crime professionals; the drivers...

Risk Assessment

Money Laundering

Terrorist Financing

Blog post

31 Jul 2023
10 min read

How competent authorities can enhance their risk assessments

Background and Purpose

The European Banking Authority (EBA) have recently published a report...

How to build board confidence in your financial crime framework

27 Feb 2024
10 min read

How to build board confidence in your financial crime framework

Amidst the geopolitical turmoil and increasing instability of 2024, a raft of new laws and...

Read the article

Financial crime in a post-pandemic era: major themes and typologies

20 Feb 2024
7 min read

Financial crime in a post-pandemic era: major themes and typologies

Suspicious activity reports (SARs) are an essential component in global efforts to uncover and...

Read the article

Regulatory penalties in 2023: common compliance challenges

Risk Assessment

United Kingdom

23 Jan 2024
9 min read

Regulatory penalties in 2023: common compliance challenges

Preventing the use of the legitimate financial system to launder the proceeds of crime continues to...

Read the article

Insights Archive

View all articles