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 …

Transforming compliance to keep pace with accelerating digital commerce
Transforming Compliance To Keep Pace With Accelerating Digital Commerce

A new era of commerce is here Digital transactions grew 44% YOY to $861B USD in 2020 as growing consumer shifts toward digital commerce were significantly and rapidly accelerated by the COVID-19 pandemic, according to digitalcommerce360.com. An American Bankers Association …

Evaluating Effectiveness: Setting Priorities Around the AMLA Act of 2020
Evaluating Effectiveness: Setting Priorities Around the AMLA Act of 2020

The Anti-Money Laundering Act of 2020 (AMLA) continues to evolve as 2021 progresses. This blog provides highlights from our recent webinar “The AML Act of 2020: Where Effectiveness Meets Efficiency.” Read on for considerations for setting priorities to optimize compliance …

Ask the Expert: Q&A with the UK’s OFSI Director Giles Thomson

The Office of Financial Sanctions Implementation (OFSI) helps to ensure that financial sanctions are properly understood, implemented and enforced in the United Kingdom. As part of our ‘Ask the Expert’ series, we ask Giles Thomson, Director of OFSI, about the …