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]....
Money Laundering Fraud Acuminor Reports 05 Jul 2022 • 4 min read Liability for AML breaches: lessons from the regulatory landscape Last week, Switzerland’s top criminal court delivered a landmark verdict in the country’s first criminal trial against a major lender. The bank was found guilty of having failed to prevent money...
Money Laundering Terrorist Financing Blog post 20 Apr 2022 • 4 min read Financial and social inclusion at risk due to blanket de-risking On the 5th of January 2022 the European Banking Authority (EBA) published their opinion on de-risking (EBA/Op/2022/01). The EBA is taking a critical stance towards the de-risking strategies used by...
Money Laundering Counterfeiting Weekly Round-Up 24 Mar 2022 • 3 min read Weekly Round-Up, 21-25 March – 22 In the “Weekly Round-Up” we summarise and give extra reading suggestions for some of the past weeks financial crime news headlines, powered by Acuminor’s crime universe ThreatView® .
Money Laundering Environmental crime Acuminor Reports 15 Mar 2022 • 7 min read The Contextual Dilemma in Financial Crime How important is environmental crime in developing effective AML risk indicators and controls We don’t really care about the environment in the financial crime industry!
Money Laundering Compliance Terrorist Financing Blog post 13 Feb 2022 • 1 min read Pliance x Acuminor – Seminar Summary Before Christmas we hosted a seminar together with one of our partners, Pliance , at Norrsken House in Stockholm. The topic was “Financial crime regulations – cost or opportunity for FinTech’s in the...
Money Laundering Weekly Round-Up 02 Dec 2021 • 2 min read Weekly Round-Up, December 3 – 21 In the “Weekly Round-Up” we summarise and give extra reading suggestions for some of the past weeks financial crime news headlines, powered by Acuminor’s crime universe ThreatView® .
Money Laundering Fraud Weekly Round-Up 11 Nov 2021 • 2 min read Weekly Round-Up, 12 October – 21 In the “Weekly Round-Up” we summarise and give extra reading suggestions for some of the past weeks financial crime news headlines, powered by Acuminor’s crime universe ThreatView® .
Money Laundering Acuminor News 11 Oct 2021 • 1 min read TangoPay x Acuminor Acuminor is excited to announce a new relationship with TangoPay , a digital payments provider based in the United Kingdom.
Money Laundering Sanction Violations Cybercrime Weekly Round-Up 30 Sep 2021 • 2 min read Weekly Round-Up, 1 October – 21 In the “Weekly Round-Up” we summarise and give extra reading suggestions for some of the past weeks financial crime news headlines, powered by Acuminor’s crime universe ThreatView® .
Money Laundering Cybercrime Weekly Round-Up 23 Sep 2021 • 3 min read Weekly Round-Up, 24 September – 21 In the “Weekly Round-Up” we summarise and give extra reading suggestions for some of the past weeks financial crime news headlines, powered by Acuminor’s crime universe ThreatView® .
Money Laundering Latin America Weekly Round-Up 02 Sep 2021 • 2 min read Weekly Round-Up, 3 September – 21 In the “Weekly Round-Up” we summarise and give extra reading suggestions for some of the past weeks financial crime news headlines, powered by Acuminor’s crime universe ThreatView®.
Money Laundering Terrorist Financing Sanction Violations Blog post 02 Sep 2021 • 5 min read The rise and fall of the national risk assessment Let’s start with the summary: The 6th EU Anti-Money Laundering Directive poses a potential threat towards EU’s fight against money laundering, terrorist financing and sanction violations. Worrying?...
Money Laundering Compliance Terrorist Financing Sanction Violations Acuminor News 25 Aug 2021 • 2 min read Another tier 1 bank places its trust in Acuminor Acuminor is delighted to announce it has engaged in a new collaboration with another international financial institution to provide its financial crime threat intelligence database, ThreatView.
Money Laundering Terrorist Financing Sanction Violations Blog post 11 Aug 2021 • 4 min read We all know our high-risk countries, don’t we? North Korea. Iran. Myanmar. Because it’s easy – Just take the FATF grey list, the EU high-risk third countries and top up with Transparency International’s Corruption Perception Index and we’re home...
Money Laundering Terrorist Financing Sanction Violations Blog post 27 Jun 2021 • 5 min read The Map: How to create effective Business-wide financial crime risk assessments Imagine that you are in a vast forest. It’s getting darker and you have no idea how to find your way back home. Without a map you’ll probably end up even more lost. Best case, you’ll find your way...
Money Laundering Weekly Round-Up 17 Jun 2021 • 3 min read Weekly Round-Up, June 18, 2021 Summer is at the doorstep, and you may feel that the days soon will have a slower pace giving you time to catch your breath and charge your batteries. Crime, however, does not seem to slow down. This...
Money Laundering Weekly Round-Up 10 Jun 2021 • 1 min read Weekly Round-up June 11, 2021 Operation Trojan Shield This week has been fantastic! Working most of our time, as many do, remotely, we finally got a chance to meet up and hang out (in a secure configuration), an absolute joy! It...
Money Laundering Iran Sanctions Cryptocurrency Weekly Round-Up 27 May 2021 • 2 min read Weekly Round-Up May 28, 2021 Cryptocurrency and sanctions This week has contained quite a lot of cryptocurrency-related news and sanctions. The think tank, Rusi, released a commentary about central bank digital currencies...
Money Laundering United Kingdom Malta Sweden Italy Weekly Round-Up 20 May 2021 • 4 min read Weekly Round-Up May 21, 2021 Criminal infiltration of companies It is nearing the end of yet another fast-paced week. A Swedish story started the week, which connects to a reoccurring, growing, and worrying problem of organised...
Money Laundering Compliance Terrorist Financing Canada Netherlands Philippines Australia Sanction Violations Cybercrime USA Sweden Germany Weekly Round-Up 06 May 2021 • 4 min read Weekly Round-Up May 7, 2021 Child sexual abuse networks taken down by law enforcement On Monday, Europol came out with a press release about a joint police operation. Law enforcement in Germany, The Netherlands, Sweden,...
Money Laundering Compliance Terrorist Financing Spain Sanction Violations Sweden Weekly Round-Up 02 May 2021 • 3 min read Weekly Round-up May 3, 2021 The week has gone by fast. When doing a brief retrospect, we want to pass on a few pieces of information for your weekend reading. Our week started off with the OCCRPs article relating to the Italian...
Money Laundering Compliance Terrorist Financing Netherlands Denmark United Kingdom Norway Sanction Violations Weekly Round-Up 29 Apr 2021 • 3 min read Weekly Round-up April 30, 2021 To branch out a bit on our regular story reporting, we wanted to share a bit on what is happening @Acuminor. Things are moving fast!
Risk Assessment Money Laundering Compliance Terrorist Financing Acuminor News 25 Apr 2021 • 1 min read Leading global car leasing company signs agreement with Acuminor We are delighted to announce we have signed an agreement with one of the foremost global car leasing companies, who have partnered with us to help support their financial crime risk management.
Money Laundering Europe Weekly Round-Up 15 Apr 2021 • 3 min read Weekly Round Up April 16, 2021 During the week, a lot of attention has been related to the insights that Europol released with their strategic product, the Serious and Organised Crime Threat Assessment (SOCTA) 2021. Much has...
Money Laundering Acuminor News 07 Apr 2021 • 1 min read Increasing problem with money laundering through high-value dealers The Swedish public broadcasting network SVT had an exciting episode on money laundering, describing how criminals use high-value dealers to launder criminal proceeds in cash. Sweden is a cash-less...
