According to The International Labor Organization, nearly 50 million people are trapped in modern slavery, generating over $236 billion in illegal profits each year. The… Read More »Human trafficking: The scale, exploitation, and financial trails behind it
I sat through FATF’s launch of its 2026-2028 agenda earlier this month. $1 trillion is the number FATF opened with. That’s what scams cost globally… Read More »Gold laundering, FATF, and UNODC: the 2026 AML agenda for banks
Key takeaways from this article: FinCEN’s proposed AML rule sets one standard: demonstrate that your program is genuinely effective. Process-based compliance is no longer enough.… Read More »FinCEN’s 2026 NPRM: The AML collaboration imperative?
In early 2024, a finance worker joined what appeared to be a routine video call with the CFO and several senior colleagues. Every participant except… Read More »Generative AI and financial crime: When deception outpaces control design
Chinese money laundering networks (CMLNs) are already well understood across the industry. Their role in supporting drug trafficking, fraud, and other criminal activity is well… Read More »Why Chinese money laundering networks still evade AML detection. What banks are missing
Cross-border financial crime between the United States and Mexico sits at the center of one of the most active financial corridors in the world. More… Read More »The Mexico–U.S. corridor: From fragmented intelligence to risk mitigation
AML regulation is undergoing significant changes. Across jurisdictions, regulators are moving away from assessing whether institutions have appropriate controls in place, toward a more demanding… Read More »The conformity trap: How AML standardization is giving financial crime somewhere to hide
Wildlife trafficking is often framed as a conservation issue. In reality, it operates as a global criminal market estimated to generate between $7 billion and… Read More »Wildlife trafficking doesn’t need to hide. The disguise is ready to wear.
Organized scams have evolved into a structured, cross-border industry that extracts billions from the US economy each year. What once looked like isolated fraud cases… Read More »Scams at scale: Cybercrime, state actors, and the financial system
This is a difficult topic, but an important one. One that is rarely addressed directly in our industry. Its purpose of this piece is to… Read More »AML and the money behind child exploitation: An industry imperative
