Sanctions Pulse Ep.1: Russian Credit Cards, Location Spoofing and the Rise of Crypto 

In this special series, AML expert, Kat Pranjic, reports on the changing sanctions landscape and uses intelligence from the LexisNexis® Digital Identity Network to throw light on the tactics being deployed to circumvent them.  In Episode One – Consumer Behaviour, …

News round-up: Sanction evasions, regulatory updates and cryptocurrency conundrums

Naturally, recent financial crime news has been dominated by the shocking invasion of Ukraine by Russian. Compliance teams in all sectors are now wading through the highly complex task of implementing extensive new sanctions measures imposed by the UK, EU, …

FinCEN Issues Alert on Russian Sanctions Evasion
FinCEN Issues Alert on Russian Sanctions Evasion

Are You Leveraging Innovative Tools that Detect Location-Based Sanctions Evasion? Russia’s invasion of the Ukraine has prompted a flurry of sanctions activity in the past few weeks. On March 7th, the Financial Crimes Enforcement Network (FinCEN) issued an alert advising …

Sanctions screening in 2022
Effective sanctions screening is more important than ever

Since the beginning of the current conflict in Ukraine, there have been unprecedented global sanctions imposed on Russia by countries across the world, including the UK. Updates are being issued on an almost hourly basis, making it more important than …

Trade compliance: Staying out of trouble with the Bureau of Industry and Security
Trade Compliance: Staying Out of Trouble With the Bureau of Industry and Security

How does the Bureau of Industry and Security (BIS) enforce U.S. export controls? And what are the ‘red flags’ exporters should look out for? At the 12th annual ACAMS MENA event, we spoke to Craig Phildius, BIS Regional Export Control …