AML Conversations

In this episode of AML Conversations, John Byrne sits down with Amit Sharma, CEO of Finclusive to discuss the global problem of financial access from the standpoint of using technology as a tool to give support to the underbanked and underserved. The two review the strategies of tackling access limitations as well as a project (The Rulebook) that will be a welcomed tool for those looking for enhanced compliance advice. Sit back and enjoy AML Conversations.

The US Government has used economic sanctions for over 200 years to exert pressure on foreign countries and others to implement its foreign policies. In recent times, the US has used sanctions against numerous foreign governments, including Iran, North Korea and Venezuela. The sanctions programs relating to Iran have a particularly complex and tortured past. In this edition of AML Conversations, Elliot Berman and Tim White of AML RightSource, discuss the history of these programs from their inception in 1979 to their current state.

In this edition of AML Conversations, John Byrne sits down with Thomas Durkin, the Education Program Director of the James W. Foley Legacy Foundation. Tom takes you through an emotional discussion of the impact his friend and photojournalist, Jim Foley, has had on hostage advocacy and the security needs of journalists everywhere. In 2014, Jim was captured and later murdered by ISIS. Jim's death prompted the creation of the Foundation whose vision is that all American hostages will return home and conflict journalists who bring truth to light, like Jim, will be protected.

In this edition of AML Conversations, John Byrne, Vice Chairman at AML RightSource sits down with Andy Price of World Council of Credit Unions on AML challenges for credit unions worldwide particularly as it applies to financial inclusion. The Council, among other things, supports financial markets in growing economies, along with global partners, such as USAID, the UN, and the World Bank by promoting financial inclusion, strengthening institutions as well as providing policy and regulatory support.

In this edition of AML Conversations, Elliot Berman, Marketing Advisor at AML RightSource sits down with Steven Cohen, Executive Vice President, Chief Operating Officer and Co-Founder of Basis Technology. The company is engineering a safer & more productive world by building proven Artificial Intelligence solutions for analyzing text, connecting data silos, and discovering digital evidence. The conversation focuses on how various elements of AI are influencing the effectiveness of transaction monitoring in the financial services space and what AML compliance professionals need to know about AI as it plays and increasing role in our interdiction activities.

In this edition of AML Conversations, John sits down with Kent Belasco, Director of the Commercial Banking program at Marquette University, one of only two undergraduate programs dedicated to banking in the United States. As the AML community continues to figure out the variety of skill sets needed by financial crimes professionals, having a potential workforce with actual banking backgrounds can certainly assist with understanding the risk challenges with certain products and services.

With the horrific shootings in Gilroy, El Paso and Dayton, AML Conversations asked former FBI TFOS head Dennis Lormel how the AML community can further assist law enforcement in dealing with white supremacists.

AML RightSource is launching a quarterly webinar series, "AML RightSource Voices". The first installment will be broadcast live on July 23rd, 2019 beginning at 12:30 pm ET, with this edition focusing on AML Hot Topics. The discussion will include insights into the intersection of AML compliance and the art and antiquities markets, how to ensure your compliance program supports working effectively with charities, the recently published Framework for OFAC Compliance Commitments, updates on sanctions relating to Iran and North Korea, high risk customers, customer due diligence, and the pending AML legislation in the House and the Senate. Participating in the broadcast will be AML RightSource staff members, John Byrne, Vice Chairman, Chuck Taylor, Executive VP, Head of Financial Crimes Advisory, and Tim White, Vice President, Business Development and Sanctions; as well as Rick Small, Executive Vice President, Director Financial Crimes, at BB&T and a member of the AML RightSource Advisory Board. The webinar will be moderated by Elliot Berman, Marketing Advisor at AML RightSource. Register on the AML RightSource website today!

In this special advisory board edition, AML RightSource Vice Chairman John Byrne interviews Marilu Jimenez, who recently joined the AML RightSource Advisory Board in early April. Marilu has extensive legal and compliance experience in both the United States and internationally. She runs her own advisory practice and shares her views on the regulatory environment in Latin America, as well as her dedication to training and other interesting aspects of the AML challenges we all face. Now sit back and enjoy AML conversations.

In this edition of AML Conversations, we dig deep into how prosecutors in the Commonwealth of Virginia get trained on many areas of law, including financial crime. Vice Chairman John Byrne’s guest, Elliott Casey, a former prosecutor himself, now trains law enforcement officials (prosecutors and investigators alike) on such disparate issues like digital evidence, forfeiture and complex financial crime. Casey also shares his views on the civil safe harbor, an extremely useful protection for financial institutions.