The final version of FinCEN’s CDD requirements for financial institutions have now been issued, and they are already the subject of much discussion among AML/KYC practitioners. Much of this discussion has to date been devoted to risk models and risk-containment procedures that implement these models. Largely overlooked in the rush …
Happy to see that Onomastics made the list of New AML Bloggers by TransparINT. We are in very good company with the industry insiders on the list who are actively sharing their expertise about the practicalities that AML and KYC professionals faced daily. We look forward to sharing ideas and expanding the …
There’s no substitute for knowing… In previous posts, I’ve attempted to convey some sense of the linguistic and cultural diversity that personal names exhibit, especially when these names are converted from other writing systems and social contexts into the Roman (A-Z) alphabet and the naming system that predominates in the …
Breaking News That You Can Use Recently, all the major news channels carried a high-profile story about a Chinese businessman, Ng Lap Seng, who was arrested by the FBI for financial crimes, on the very same day that the Chinese President, Xi Jinping, arrived in Seattle, to begin his U.S. …
The Helpful (and Thrifty) Fisherman Indulge me for a little bit, and let me stay with my fish story. So, you’ve headed to a hidden-away little lake in the deep north woods where pals have told you there are some trophy-sized bass to be caught. When you get there, you …
