Institute for Financial Integrity

𝗝𝗼𝗶𝗻 𝘂𝘀 𝗳𝗼𝗿 𝗮𝗻 𝗲𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝘄𝗲𝗯𝗶𝗻𝗮𝗿 𝗳𝗼𝗰𝘂𝘀𝗲𝗱 𝗼𝗻 𝗰𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗻𝗲𝘄 𝗯𝗲𝗻𝗲𝗳𝗶𝗰𝗶𝗮𝗹 𝗼𝘄𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝗿𝘂𝗹𝗲𝘀 𝗮𝗻𝗱 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀. 🔗 Register and Explore the Agenda: https://lnkd.in/eEu57jwk 💡 𝗕𝗲𝗻𝗲𝗳𝗶𝗰𝗶𝗮𝗹 𝗢𝘄𝗻𝗲𝗿𝘀𝗵𝗶𝗽 – 𝗗𝗼𝘀, 𝗗𝗼𝗻’𝘁𝘀, & 𝗘𝘅𝗽𝗲𝗿𝘁 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 📅 Thursday December 5 ⏰ 12:00 – 1:00 PM EST New beneficial ownership information reporting requirements came into effect this year, mandated by the Corporate Transparency Act passed by Congress. The effort aims to make hiding or benefitting from ill-gotten gains through the use of anonymous shell companies and other opaque ownership structures more difficult for illicit actors. The beneficial ownership information database that will be administered by FinCEN is part of this effort. Led by regulatory, anticorruption, and industry experts, this webinar will: 🔎 Explore the nuances of the new beneficial ownership reporting requirements 🛡 Address concerns about privacy, security, and access 🧠 Equip your organization with strategies you can use to research beneficial ownership and reduce your exposure to financial crime risk

🚩 Global regulators are highlighting the growing threat of Chinese money laundering organizations that help transnational criminal organizations—particularly drug cartels—access and move assets through the global financial system. Learn more in our recent article: https://lnkd.in/gXTJm2hf Global financial institutions must enhance their due diligence efforts, given the growing scope of the problem and the increasingly sophisticated methods used to launder drug proceeds. 

✨ 𝗡𝗲𝘄 𝗔𝗜 𝗖𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲 𝗔𝘀𝘀𝗶𝘀𝘁𝗮𝗻𝘁 ✨ We’re excited to announce the Beta release of IFI’s revolutionary AI-powered compliance tool! Whether employees need information on a specific sanctions program or are curious about regulatory developments in digital assets, they can simply AskFIN! Learn more at 👉 https://lnkd.in/eDWYCpkW ⚡ 𝗣𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝘃𝗶𝘁𝘆 𝗕𝗼𝗼𝘀𝘁: Built to support today’s financial professionals, AskFIN offers just-in-time knowledge by providing fast, accurate responses on the latest regulatory developments and compliance requirements. 🔒 𝗧𝗿𝘂𝘀𝘁𝗲𝗱 𝗦𝗼𝘂𝗿𝗰𝗲𝘀: Unlike gen AI platforms that rely on public sources and unverified websites, AskFIN offers well-searched information based on DOLFIN, the largest and most trusted library of financial integrity resources. 🌏 𝗠𝘂𝗹𝘁𝗶-𝗟𝗶𝗻𝗴𝘂𝗮𝗹: Built to support international organizations, AskFIN enables global employees to ask questions, in any language, and receive localized answers.

𝗧𝗗 𝗕𝗮𝗻𝗸’𝘀 𝗿𝗲𝗰𝗲𝗻𝘁 $𝟯 𝗯𝗶𝗹𝗹𝗶𝗼𝗻+ 𝗽𝗲𝗻𝗮𝗹𝘁𝘆 𝗶𝘀𝗻’𝘁 𝗷𝘂𝘀𝘁 𝗮 𝗵𝗲𝗮𝗱𝗹𝗶𝗻𝗲—𝗶𝘁’𝘀 𝗮 𝘄𝗮𝗿𝗻𝗶𝗻𝗴. In today’s article, we explore why fines are skyrocketing and how a strong AML/CFT program is essential to stay ahead of regulatory expectations. 👉 https://lnkd.in/ewt89Tn6 Don’t let your institution be the next case study in non-compliance. Learn from TD Bank’s costly mistakes and see how the right training and policies can make all the difference. Read the full article to discover how proactive compliance can protect your institution. #AML #Compliance #Training #RiskManagement 

📣 𝗠𝗲𝗲𝘁 𝘁𝗵𝗲 𝗽𝗮𝗻𝗲𝗹𝗶𝘀𝘁𝘀! We're thrilled to announce an all-star panel of industry experts for our upcoming webinar. 🔹David K., Guidance and Outreach Director for Beneficial Ownership, Financial Crimes Enforcement Network, US Treasury 🔹Gary Kalman, Executive Director, Transparency International 🔹Debra LaPrevotte, International Investigator and Former FBI 🔹Jim Richards, Principal and Founder, RegTech Consulting 🔹Nicki K., Associate Managing Director, Institute for Financial Integrity 𝗝𝗼𝗶𝗻 𝘂𝘀 𝗳𝗼𝗿 𝗮𝗻 𝗲𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝘄𝗲𝗯𝗶𝗻𝗮𝗿 𝗳𝗼𝗰𝘂𝘀𝗲𝗱 𝗼𝗻 𝗰𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗻𝗲𝘄 𝗯𝗲𝗻𝗲𝗳𝗶𝗰𝗶𝗮𝗹 𝗼𝘄𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝗿𝘂𝗹𝗲𝘀 𝗮𝗻𝗱 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀. 🔗 Register and explore the Agenda: https://lnkd.in/eEu57jwk

New digital solutions in money laundering and underground banking have facilitated the expansion of the criminal business environment in East and Southeast Asia, integrate billions of criminal proceeds into the formal financial system and enabling the growth of new criminal organizations. In today’s article: 🔗 https://lnkd.in/eH4VhgGH 🌐 Find out how 𝗔𝘀𝗶𝗮𝗻 𝗰𝗿𝗶𝗺𝗲 𝘀𝘆𝗻𝗱𝗶𝗰𝗮𝘁𝗲𝘀 𝗵𝗮𝘃𝗲 𝗶𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗲𝗱 𝗻𝗲𝘄 𝘀𝗲𝗿𝘃𝗶𝗰𝗲-𝗯𝗮𝘀𝗲𝗱 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗺𝗼𝗱𝗲𝗹𝘀 𝗮𝗻𝗱 𝘁𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝗶𝗲𝘀 𝗶𝗻𝘁𝗼 𝘁𝗵𝗲𝗶𝗿 𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝘀 while opening new underground markets and cryptocurrency solutions for their money laundering needs 🕵️ Discover what kind of 𝘁𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝗶𝗲𝘀 𝘁𝗵𝗲𝘀𝗲 𝘀𝘆𝗻𝗱𝗶𝗰𝗮𝘁𝗲𝘀 𝘂𝘀𝗲 𝘁𝗼 𝗰𝗼𝗺𝗺𝗶𝘁 𝗰𝗿𝗶𝗺𝗲𝘀 🚩 Explore 𝗿𝗲𝗱 𝗳𝗹𝗮𝗴 𝗶𝗻𝗱𝗶𝗰𝗮𝘁𝗼𝗿𝘀 that can help financial institutions detect and deter these crimes

Explore the challenges of identifying and monitoring PEPs in today's article: 👉 https://lnkd.in/emcykFpn

In today’s interconnected economy, 𝗣𝗼𝗹𝗶𝘁𝗶𝗰𝗮𝗹𝗹𝘆 𝗘𝘅𝗽𝗼𝘀𝗲𝗱 𝗣𝗲𝗿𝘀𝗼𝗻𝘀 (𝗣𝗘𝗣𝘀) 𝗽𝗼𝘀𝗲 𝘂𝗻𝗶𝗾𝘂𝗲 𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 for financial institutions, amplifying the risks of money laundering and corruption. Read today's article to learn more: https://lnkd.in/emcykFpn 💡 𝗪𝗵𝗼 𝗮𝗿𝗲 𝗣𝗘𝗣𝘀? Learn about the concept of PEPs and the risks they may pose to financial institutions globally. 📈 𝗘𝘃𝗼𝗹𝘃𝗶𝗻𝗴 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀: Read about how recent illicit activity involving PEPs around the world has led to evolving regulatory and compliance frameworks. ⚖️ 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀: Examine how institutions may balance regulatory obligations with client relationships, risking reputational challenges and regulatory penalties if not managed carefully.

IFI's Danny McGlynn sat down with Financial Technologies Forum (FTF) for a chat ahead of the upcoming sanctions webinar. Read the Q&A featured on the FTF BullRun Blog: 🔗 https://lnkd.in/g7fjN3p4

Explore what went wrong at TD Bank in today's article 👉 https://lnkd.in/dneEzqK3