The AML Act of 2020 and FinCEN Notice of Proposed Rulemaking on Cryptocurrency
The AML Act of 2020 and FinCEN Notice of Proposed Rulemaking on Cryptocurrency

Our recent post highlighted areas to focus on as the Anti-Money Laundering (AML) Act of 2020 takes shape. One important provision of the Act deals with virtual currency and digital assets and could have potential far-reaching effects on the industry, …

The Corporate Transparency Act and Beneficial Ownership Requirements
The Corporate Transparency Act and Beneficial Ownership Requirements

Anonymous corporate structures designed to move and hide illicit wealth have long plagued the fight against money-laundering and counter-terrorist financing. Under the Bank Secrecy Act (BSA), enacted in 1970, financial institutions are required to report certain transaction activities and subjects …

Cape-less Crusaders
Getting to Know Daniel Polar, Ardent Defender of Financial Crime Compliance

Welcome to the second installment of our “Who We Are” series of interviews with the “cape-less crusaders” who arduously fight financial crime. This week we chat with Daniel Polar, Director, Financial Crime Compliance Consultants, here at LexisNexis® Risk Solutions. Dan …

Cape-less Crusaders
An Interview with Charles Thomas: Anti-Bribery and Corruption

Financial crime compliance professionals worldwide work diligently to prevent bad actors from wreaking havoc, whether the impact is local or on an international scale. These dedicated “cape-less crusaders” develop compliance strategies, implement effective anti-money laundering and anti-bribery and corruption programs, …

Online payments friction
Will Online Friction Throw a Wrench in Holiday Shopping?

Ending Friction in the Online Experience As a result of the 2020 pandemic many consumers have turned to online shopping for everything from purchasing groceries and household staples to buying a car from another private party. As a result, alternative …