Anti-Money Laundering
103 posts
DSA president, Alison Jimenez, was quoted on foreign corruption in a moneylaundering.com article by Valentina […]
A recent VICE article on human smuggling and migrant kidnapping quotes DSA president, Alison Jimenez.
Dynamic Securities Analytics' 2020 SAR Insights focuses on the interplay between COVID-19 and Suspicious Activity Reports filed by Depository Institutions.
Several key threats including Drug Trafficking, Organized Crime and Tax Evasion do not have SAR category checkboxes. SAR data is only "useful" to government authorities inasmuch as it is discoverable. Structured data is more easily searchable and will lead to improved AML effectiveness.
DSA's SAR analysis was cited by NBC in "Secret documents reveal potential dark side of pre-paid debit cards."
Broker-dealers look to enforcement actions to understand Finra's AML priorities. BDs may end up scouring their customer records to see if they have similar documentary issues … and that could draw funds and attention away from priorities identified in the National Strategy for Combatting Terrorist and Other Illicit Financing.
Alison Jimenez, president of Dynamic Securities Analytics, authored “Healthcare Fraud During a Pandemic: Fast Facts […]
The overwhelming majority of laundered funds originate from income tax evasion, yet there is no corresponding SAR category.