AML Conversations

Understanding who truly owns and controls a third party is becoming increasingly important for organizations managing risk, compliance, and due diligence obligations. In this episode of Third Party Risk Perspectives, Elliot Berman of AML RightSource is joined by Christopher Sindik and Sudip Iyer from Blue Umbrella to discuss the growing role of Ultimate Beneficial Ownership (UBO) intelligence in third-party risk management. The conversation explores why ownership transparency matters, how hidden ownership structures can conceal sanctions exposure, corruption risk, connections to organized crime, or other reputational concerns, and why understanding ownership is about much more than simply identifying a legal entity. Chris and Sudip explain the challenges organizations face when gathering UBO data across jurisdictions with differing disclosure requirements, the impact of evolving regulations, and the practical realities of using corporate registries, commercial databases, and investigative research to uncover ownership structures. The discussion also examines how organizations can integrate UBO intelligence into broader third-party risk management programs by combining ownership analysis with sanctions screening, adverse media monitoring, and risk-based decision-making. Whether you're navigating new markets or strengthening your compliance framework, this episode offers practical insights to help you stay ahead of emerging third-party risks.

This week on This Week in AML, John Byrne and Elliot Berman examine several significant developments shaping the financial crime compliance landscape. The episode highlights FATF's upcoming consultation on information sharing, a topic with major implications for public-private partnerships, cross-border collaboration, and the future effectiveness of AML programs. The hosts also discuss reports of a proposed U.S.-Russia diesel fuel arrangement, new concerns involving Iran, and the broader sanctions implications for compliance professionals. Additional topics include the FCA's estimate that fraud in the UK exceeded £220 billion, forthcoming crypto registration requirements, new AI risk management guidance from the Monetary Authority of Singapore, and congressional questions surrounding FinCEN's AML/CFT priorities and the Corporate Transparency Act rollback. The episode concludes with breaking news: a record enforcement action against Bank of America, including a reported $1.21 billion penalty involving BSA/AML, sanctions, and suspicious activity reporting failures.

This week on This Week in AML, John Byrne and Elliot Berman unpack a wide-ranging set of developments affecting compliance, sanctions, financial crime prevention, and regulatory oversight. From geopolitical controversies surrounding Russia sanctions and international enforcement efforts to the OCC's latest report on so-called "de-banking," the discussion examines what these developments mean for financial institutions trying to maintain a risk-based approach in an increasingly politicized environment. The conversation explores the OCC's recommendations on customer access to banking services, concerns about regulatory whipsawing between administrations, and the potential implications for AML officers, boards, and senior management. John and Elliot also review New York's $33 million enforcement action against SEB, highlighting the continued importance of state-level AML enforcement. Additional topics include FinCEN's alert regarding Iranian abuse of religious charity networks and newly identified suspicious activity tied to student aid fraud.

In this monthly regulatory roundup, John Byrne sits down with Sarah Beth Felix of Palmero Consulting to examine some of the most important AML, CTF, and sanctions developments from the past month. The conversation begins with a reflection on the 40th anniversary of the Money Laundering Control Act and its lasting impact on the compliance profession. Sarah breaks down the recent American Express enforcement action, highlighting overlooked risks in lending products, the connection between culture and compliance effectiveness, and why every element of a BSA/AML program ultimately supports suspicious activity reporting. The discussion also explores board oversight, indicators of effectiveness, and lessons financial institutions can take from major consent orders. The episode then turns to FINRA's latest enforcement action against Revere Securities, and FinCEN's decision to withdraw proposed cryptocurrency-related rules. The episode concludes with a candid conversation about artificial intelligence in AML compliance, including the promises, pitfalls, governance concerns, and the questions institutions should ask before relying on AI-driven monitoring and alert dispositioning.

In this week's episode of This Week in AML, John Byrne is joined by Joe McNamara, filling in for Elliot Berman, to flag a wide range of global and domestic developments. They open with OCCRP reporting on an Uzbek security official who secretly acquired Emirati citizenship and millions in Dubai real estate, then turn to New York Times reporting on conflict of interest questions in U.S.-Russia talks on Ukraine. The conversation then shifts to FinCEN's unusual withdrawal of two proposed rules targeting unhosted wallet transactions and convertible virtual currency mixing, and what that means for institutions with crypto exposure whose SAR obligations remain unchanged. Additional topics include the Comptroller of the Currency's fraud roundtable with community bankers in Minneapolis, the Department of Justice's new memorandum on corporate fraud enforcement, and the first reported AI agent-powered intrusion into major South Korean banks. The episode closes with a preview of the October 22nd webinar on best practices in managing high-risk customers. Resources Referenced in This Episode: OCCRP: The Uzbek President's Son-In-Law Secretly Acquired a UAE Passport While Serving as a Top Security Chief The New York Times: U.S.-Russia Talks on Ukraine and the Kushner and Witkoff Oil Deal Federal Register: Proposal of Special Measure Regarding Convertible Virtual Currency Mixing, as a Class of Transactions of Primary Money Laundering Concern; Withdrawal Federal Register: Requirements for Certain Transactions Involving Convertible Virtual Currency or Digital Assets; Withdrawal OCC: Comptroller Gould Community Bank Fraud Roundtable in Minneapolis https://www.occ.gov/news-issuances/news-releases/2026/nr-occ-2026-86.html U.S. Department of Justice: Directive 26-12, Corporate Enforcement in the Fight Against Fraud https://www.justice.gov/opa/media/1463571/dl?inline The Wall Street Journal: Hackers Use Chinese AI Tool to Hit South Korean Banks, Exposing New Risk Marquette University Center for Peacemaking: AI and Ethics with Dr. Michael Zimmer AML RightSource: AML Voices Webinar: Best Practices in Managing Your High-Risk Customers

In this week's episode of This Week in AML, John Byrne and Elliot Berman examine Canada's newly released FATF mutual evaluation and what it may signal as the AML community awaits the upcoming U.S. assessment. They discuss FinCEN's plans to amend customer due diligence requirements related to immigration status verification, highlighting the operational and compliance challenges that institutions may face. The conversation also explores escalating concerns surrounding artificial intelligence, including congressional calls for stronger oversight, emerging state-level initiatives, and recent reports of AI-enabled fraud targeting financial institutions. Additional topics include proposed stablecoin regulations under the GENIUS Act, new tools for measuring corruption, sanctions targeting criminal organizations, cybersecurity lessons from the reported FBI data breach, and outgoing SEC Commissioner Hester Peirce's critique of AML and KYC frameworks.

In this week's episode of This Week in AML, Elliot Berman and John Byrne examine how workforce reductions at the OCC could affect bank supervision at a time when new national bank charters are on the rise. They also discuss the OCC's updated cybersecurity supervision framework and its implications for financial institutions. The conversation then turns global, highlighting a new Egmont Group report on strategic intelligence, the role of Financial Intelligence Units in combating money laundering and terrorist financing, and lessons organizations can apply to their own compliance programs. Additional topics include emerging state-level AI regulation in New York and California, and allegations that a Kremlin-linked fintech network used forged documentation to move billions through the global financial system.

In this episode of AML Conversations, host John Byrne sits down with former federal prosecutor, 9/11 Commission staff member, and former Department of Homeland Security Inspector General John Roth to discuss the evolution of terrorist financing controls, the challenges facing anti-money laundering professionals, and the critical role inspectors general play in promoting accountability across government. Drawing on his work co-authoring the 9/11 Commission’s terrorist financing monograph and his experience at DHS, Roth reflects on how AML and CTF frameworks have changed since 9/11, why financial institutions have made significant progress, and why emerging threats such as cryptocurrency, prediction markets, and changes to beneficial ownership transparency continue to present challenges. The conversation then turns to government oversight and Roth’s recent work on restoring the independence of inspectors general. He explains why independent watchdogs are essential to uncovering waste, fraud, abuse, and misconduct, and shares his concerns about the removal of inspectors general, reduced oversight capacity, and the importance of congressional engagement and public awareness.

Joe McNamara sits in for Elliot Berman this week alongside John Byrne. Joe and John discuss the Senate vote that failed to advance the Clarity Act, the interagency proposal to rescind and replace third-party risk management guidance, and the CJEU ruling on Latvia's public shareholder disclosure law and what it signals for beneficial ownership transparency. They also cover the DOJ indictment of a Russian intelligence services network, the Manhattan DA's seizure of 12 deepfake websites and the payment infrastructure behind them, Transparency International's analysis of seven years of EU rule of law reporting, and OFAC's designation of VTB Bank under Operation Economic Outcast. They close with CSIS's look at the terrorism landscape 25 years after 9/11, the shift toward lone actor threats, and the underused potential of 314(a) and 314(b) information sharing. Resources mentioned in this episode: Senate cloture vote on the Clarity Act: https://www.cnbc.com/2026/09/15/senate-cloture-vote-on-clarity-act-fails-dealing-regulatory-setback-... Proposed interagency third-party risk management guidance: https://www.federalregister.gov/documents/2026/09/15/2026-18859/proposed-third-party-risk-management... CJEU ruling on Latvian shareholder disclosure (Case C-798/24): https://cyprus-mail.com/2026/09/13/european-court-decides-on-public-access-to-shareholder-informatio... DOJ release on the Russian intelligence services network indictment: https://www.justice.gov/opa/pr/members-russian-intelligence-services-network-charged-conspiring-fina... Manhattan DA seizure of 12 deepfake websites: https://manhattanda.org/manhattan-d-a-s-office-seizes-domains-of-12-illegal-websites-selling-ai-gene... Transparency International, Anti-Corruption Gaps Are Leaving Democracy in Europe Exposed: https://www.transparency.org/en/news/anti-corruption-gaps-leaving-democracy-europe-exposed Treasury designation of VTB Bank under Operation Economic Outcast: https://home.treasury.gov/news/press-releases/sb0629/ Riley McCabe, CSIS, Adapting to the New Terrorism Landscape 25 Years After 9/11: https://www.csis.org/analysis/adapting-new-terrorism-landscape-25-years-after-911 ProPublica reporting on the Trump Jr. wedding financing: https://www.propublica.org/article/donald-trump-jr-wedding-bankrolled-russian-oligarch-umar-kremlev-...

This week, John Byrne and Elliot Berman examine a wave of regulatory and enforcement developments shaping the AML landscape. Topics include new U.S. Treasury sanctions targeting Iran's aviation sector, FinCEN's renewal of Southwest Border Geographic Targeting Orders, guidance on SAR confidentiality, and growing concerns over digital asset scams and cryptocurrency regulation. They also discuss FATF's latest reports on underground banking networks, money-laundering risks in the gambling sector, and AUSTRAC's enforcement actions against remittance and crypto firms. In recognition of the 25th anniversary of 9/11, the conversation turns to the lasting impact the attacks had on anti-money laundering, counter-terrorist financing, and public-private partnerships. John and Elliot reflect on how the Patriot Act transformed financial crime prevention, why collaboration between financial institutions and law enforcement remains essential, and the importance of ensuring future generations understand the role AML professionals play in protecting the financial system.

Twenty-five years after the attacks of September 11, 2001, John Byrne sits down with Dennis Lormel, who led the FBI's Financial Crimes Program on 9/11 and stood up the Bureau's first Terrorist Financing Operations Section (TFOS) in its aftermath. Dennis shares his firsthand account from inside FBI headquarters that morning, the plan he wrote that night for a centralized financial investigation, and the unprecedented cooperation from banks and government agencies that followed. The conversation covers the warning signs that preceded the attacks, the three-week passage of the PATRIOT Act, the findings of the 9/11 Commission and its terrorist financing monograph, FATF's special recommendations, and the unintended consequences for charities. Dennis closes with an assessment of the threat landscape in 2026 and a call for the proactive, imaginative use of financial intelligence. As this episode marks both the 25th anniversary of 9/11 and the 25th anniversary of counter-terrorist financing, one theme carries throughout: never forget.

John Byrne and Elliot Berman discuss a busy week in the AML, sanctions, and compliance landscape. Topics include AUSTRAC's enforcement push under Australia's new AML laws and its investigation into Western Union, fresh guidance on politically exposed persons from the Hong Kong Monetary Authority, and the FBI's Art Crime Team's recovery of Egyptian cultural artifacts. They also examine growing concerns surrounding prediction markets, conflicting federal court rulings involving Kalshi and Polymarket, new Treasury sanctions and proposed Section 311 action against a UAE-based bank, and the OCC and FDIC's significant changes to bank examination standards.

In this episode of AML Conversations, Brad Breslin, President and General Manager, Compliance Solutions at AML RightSource, sits down with Jeff Schlanger, former Manhattan prosecutor, institutional reformer, and author of "Doing Right: From Prosecutor to Reformer — A Journey Through Crime, Corruption, Complacency, and Change." Jeff's career spans four decades on the front lines of accountability. He prosecuted the Westies and helped build the case against John Gotti. He served as the federal monitor overseeing the LAPD consent decree after the Rampart scandal. He later became the NYPD's first Deputy Commissioner for Risk Management, and he founded IntegrAssure to bring collaborative oversight to police departments nationwide, including the Aurora, Colorado consent decree. The conversation explores what happens when institutions designed to do good drift off course, and what it takes to bring them back. Jeff shares the moment he discovered the FBI withheld knowledge of jury tampering during the Gotti trial, why he published his NYPD resignation letter, and how the Mickey Featherstone case taught him that doing right often means acting against your own interests. For financial crime compliance and risk professionals, the lessons translate directly. Jeff draws the line from police reform to the HSBC monitorship, where he and Brad worked together, showing that the methodology of oversight, accountability, and continuous improvement is the same whether the rulebook is an LAPD procedures manual or the FFIEC guidelines. Link to Jeff's book: https://doingright.integrassure.com/doing-right-homepage.html

Investigative journalist Zack Kopplin of the Organized Crime and Corruption Reporting Project (OCCRP) joins AML Conversations to discuss his reporting on a Pentagon fuel subcontractor linked to individuals connected to U.S. sanctions targets. He explains how questionable contractors can remain embedded in government supply chains, why subcontractor vetting remains a persistent challenge, and what his investigation uncovered in Iraq and Lebanon. Kopplin also explores the broader fight against corruption and financial crime, including beneficial ownership transparency, anonymous shell companies, defense contracting oversight, and the growing use of "golden passports" by sanctioned actors, fraudsters, and other high-risk individuals seeking to obscure their identities. From tracing hidden ownership structures to uncovering international money laundering networks, this conversation offers a firsthand look at how investigative journalists expose corruption and why transparency remains critical to effective AML, sanctions, and compliance efforts.

In this week's episode of This Week in AML, John Byrne and Elliot Berman break down Treasury's renewed sanctions campaign against Iran and discuss what it could mean for global trade, enforcement efforts, and China's role in the sanctions landscape. They also examine the U.S. decision to remove Syria from its State Sponsors of Terrorism list, a move that could pave the way for reintegration into the global financial system and future engagement with FATF standards. Additional topics include Singapore's new Social Media Code of Practice aimed at reducing financial scams on major platforms, Europol's warning about increasingly violent museum heists, updates from OCCRP on corruption and money laundering investigations, and the FDIC's efforts to streamline the deposit insurance application process for new banks. Plus, a look at recent anti-corruption research from the Basel Institute on Governance and upcoming AML-focused educational events.

In this episode of This Week In AML, Joe McNamara fills in for Elliot Berman and joins John Byrne for a packed week of AML news on both sides of the Atlantic. The conversation opens with the fallout from Treasury and FinCEN's final rule eliminating domestic beneficial ownership reporting under the Corporate Transparency Act, then moves to Transparency International's guidance for EU member states that have not yet published a national anti-corruption strategy. Ireland, one of the six late adopters named in that report, has now released its first national AML/CFT/CPF strategy, and John walks through its five strategic goals and three pillars ahead of AMLA supervision and FATF evaluation. The hosts also cover the UN Security Council's 38th Monitoring Team report on ISIL, AMLA's warning that money laundering in the EU property sector could deepen the housing crisis, and the OCC's conditional approval of a national trust bank charter for World Liberty Trust Company, along with the sharp objections raised by Senator Elizabeth Warren and others over conflicts of interest. Stateside, they close on Treasury: an unreleased internal report on the risks of an AI bubble, and the department's public request for comment on GENIUS Act implementation. John rounds out the episode with a $165 million crypto Ponzi indictment reported by OCCRP. Links Referenced Transparency International, Good Practices for National Anti-Corruption Strategies in EU Member States: https://knowledgehub.transparency.org/helpdesk/good-practices-for-national-anti-corruption-strategie... Ireland Department of Finance, Ireland's First National Anti-Money Laundering Strategy: https://www.gov.ie/en/department-of-finance/press-releases/t%C3%A1naiste-and-minister-for-finance-si... UN Security Council, 38th Report of the Analytical Support and Sanctions Monitoring Team (S/2026/651): https://docs.un.org/en/S/2026/651 AML Intelligence, AMLA Urges Crackdown on Money Laundering in EU Property Sector: https://www.amlintelligence.com/2026/08/news-amla-urges-crackdown-on-money-laundering-in-eu-property... OCC, Conditional Approval for World Liberty Trust Company (CD 1385): https://www.occ.gov/topics/charters-and-licensing/interpretations-and-decisions/2026/cd1385.pdf NOTUS, Treasury Internal Report Warns of the Dangers of an AI Bubble: https://www.notus.org/economy/treasury-internal-report-warning-dangers-ai-bubble?utm_source=content_... U.S. Treasury, Request for Public Comment on GENIUS Act Implementation: https://home.treasury.gov/news/press-releases/sb0605

John Byrne is joined by Sarah Beth Felix, author of Dirty Money Weekly, for their monthly conversation on financial crime developments. They start with FinCEN's final rule ending Corporate Transparency Act reporting and what it means in practice: the detection burden for shell companies shifts back to financial institutions, the CDD rule remains in force, and beneficial ownership data belongs in SAR backup documentation to support law enforcement. Sarah Beth shares practical red flags for spotting shell companies, from formation mill documents to companies with no online presence and unexplained revenue. The conversation then turns to the Wise enforcement action and why a clean exam history is the wrong benchmark for a compliance program, including the OCC's pointed finding that leadership lacked financial crime expertise at the board level. They also discuss the Capital One litigation and the safety risks of demands to identify individual investigators, and close on the operational obstacles AML teams face in responding to the executive order on credit risk and illegal immigration, where citizenship indicators are buried across lending and deposit systems that financial crime teams rarely see.

In this episode of This Week in AML, Elliot Berman and John Byrne break down FinCEN's final rule eliminating beneficial ownership reporting requirements for millions of small businesses and discuss what the move means for AML compliance, transparency, and financial crime prevention. The conversation also explores the renewal of FinCEN's Minnesota Geographic Targeting Order and the growing debate over whether the U.S. is experiencing a true fraud crisis, including insights from Jonathan Rusch's recent analysis of federal fraud enforcement efforts. Beyond the U.S., the hosts examine OCC concerns that led to the rejection of a European fintech's national bank charter application, the Luxembourg FIU's new authority to freeze fraud-linked payments, developments surrounding European beneficial ownership registries, Russia's reported sanctions-evasion payment network, and Australia's enforcement action against a major cryptocurrency ATM operator. The episode concludes with a discussion of a new de-risking resource for nonprofits.

This week on This Week in AML, John Byrne and Elliot Berman examine FinCEN's record-setting $125 million enforcement action against UBS, the largest civil money penalty ever imposed against a broker-dealer for Bank Secrecy Act violations. They discuss what made the case significant, the consequences of repeated compliance failures, and the lessons financial institutions should take from the enforcement action. The conversation also covers FinCEN Director Andrea Gacki's departure for Citibank and what the appointment of Acting Director Jenna Casanova could mean for future enforcement priorities. John and Elliot then explore Senator Ron Wyden's report on financial institutions' handling of Jeffrey Epstein-related accounts, including proposed changes to suspicious activity reporting requirements and concerns about SAR confidentiality. They also review Capital One's defense of account closures tied to AML obligations and the broader debate surrounding claims of "debanking." Internationally, the hosts discuss the FCA's planned overhaul of transaction reporting requirements in the UK, ongoing challenges in accessing beneficial ownership registries across the European Union, and Transparency International's push for stronger global anti-corruption measures.

In this episode of This Week in AML, John Byrne and Elliot Berman unpack several significant developments across the AML, sanctions, fraud, and compliance landscape. They begin with the U.S. Senate's overwhelming bipartisan vote to advance new Russia and Iran sanctions legislation, then turn to FinCEN Director Andrea Gacki's recent congressional testimony, including her emphasis on fraud prevention, BSA modernization, SAR guidance, and the industry's ongoing uncertainty about AML priorities and effectiveness standards. The conversation also explores Transparency International's 2025 achievements in advancing anti-corruption reforms worldwide and raises important questions about whether corruption will remain a formal U.S. AML priority. John and Elliot review FinCEN's new alert on financial student aid fraud, discuss the continued role of shell companies in fraud schemes, and examine a House Financial Services Committee report on scams and fraud. Additional topics include Treasury's review of the SDN List, the growing industry around sanctions delisting petitions, the closure of crypto exchange BitMEX despite presidential pardons for its founders, the OCC's denial of Wise US's national trust charter application due to AML compliance concerns, and new reporting linking crypto-to-cash storefronts to money laundering activity.

In this episode of AML Conversations, host John Byrne welcomes Tess Davis, Executive Director of the Antiquities Coalition, for a timely discussion on the intersection of cultural heritage crime and financial crime. From the looting of museums and archaeological sites in conflict zones such as Ukraine and Sudan to the exploitation of the global art market for money laundering and sanctions evasion, Tess explains why antiquities trafficking is far more than a cultural issue—it is a financial crime issue. The conversation explores the Rome Statement on Art Market Integrity, the growing role of law enforcement agencies like the Manhattan District Attorney's Antiquities Trafficking Unit, and bipartisan efforts in the United States to bring the art market under the AML regulatory framework. Tess also shares real-world examples of how stolen artifacts are laundered into legitimate collections and outlines key red flags financial institutions should understand when assessing risks tied to art and antiquities transactions. This episode offers valuable insights into a rapidly evolving threat landscape and the collaborative efforts underway to combat it.

This week on This Week in AML, Elliot Berman and Joe McNamara examine a series of reports and regulatory updates highlighting the growing sophistication of global financial crime. The discussion begins with a new United Nations Office on Drugs and Crime (UNODC) threat assessment that details how Southeast Asia has become a hub for interconnected criminal ecosystems, with organized crime groups increasingly offering “fraud as a service” at enterprise scale. Elliot and Joe explore how criminal organizations are evolving from trafficking goods to operating highly sophisticated criminal services businesses. They also discuss FATF’s latest targeted update on virtual assets and VASPs, including concerns about stablecoins, regulatory gaps, and ongoing challenges in implementing the Travel Rule across jurisdictions. The conversation highlights how organized crime networks are leveraging crypto assets to move illicit funds globally. The episode then turns to new guidance from the Wolfsberg Group on managing risks associated with non-bank payment service providers, AMLA’s growing focus on vulnerabilities in the non-financial sector, and ongoing concerns about real estate as a money-laundering vehicle.

In this week's episode of This Week in AML, John Byrne and Elliot Berman discuss the renewed push for a bipartisan U.S. sanctions bill targeting Russia and compare its approach to the European Union's existing sanctions framework. They also examine new guidance from federal banking agencies on lending to non-work authorized. The conversation explores a notable difference in the Federal Reserve's proposed AML program rule, highlights key findings from Europol’s latest EU Terrorism Situation and Trend Report, and reviews a Transparency International report examining the illicit finance risks associated with cryptocurrency and stablecoins. John and Elliot also discuss developments involving a high-profile IRS lawsuit and Florida's proposed designation of certain organizations as terrorist entities.

In this week's episode of This Week in AML, John Byrne and Elliot Berman unpack a wide-ranging set of developments shaping the financial crime compliance landscape. They discuss the evolving geopolitical environment, including sanctions activity involving Iran, Russia, and North Korea, and examine new reports highlighting how cryptocurrencies are being used to evade international sanctions. The conversation also explores the rise and risks of meme coins, recent SEC efforts to combat retail investor fraud, FINRA's independent review of its enforcement program, and the Federal Reserve's proposed AML program rule. John and Elliot further discuss policymakers' growing interest in AI governance, including questions surrounding financial crime prevention, customer identification, and responsible adoption of emerging technologies. Whether you're focused on AML, sanctions, fraud prevention, regulatory policy, or AI in compliance, this episode delivers timely insights on the trends reshaping financial crime risk management.

In this episode of AML Conversations, host John Byrne sits down with longtime DOJ prosecutor and anti-corruption expert Jonathan Rusch to unpack a rapidly shifting enforcement landscape. From the scaling back of DOJ anti-corruption resources to the growing use of presidential pardon power in bribery cases, Rusch offers a candid assessment of what these changes signal for accountability in the U.S. and globally. He also breaks down why anti-corruption still matters—highlighting its economic, political, social, and legal impacts—and what happens when those guardrails weaken. Drawing on his experience at the Justice Department and in the private sector at a major global bank, Rusch shares practical insights for financial institutions navigating today’s environment: balancing deregulation pressures, evolving expectations around “de-banking,” and the enduring realities of laws such as the FCPA. The conversation closes on a note of cautious optimism—exploring what resilience looks like for compliance professionals, regulators, and institutions committed to maintaining integrity in uncertain times.

In this week's episode of This Week in AML, John Byrne and Elliot Berman examine major developments shaping the financial crime compliance landscape. They discuss newly released presidential financial disclosures, FATF's priorities under new President Giles Thomson, and a new FATF report on terrorist financing risks tied to social media, messaging apps, and streaming platforms. The conversation also covers the Rome Statement on Art Market Integrity, Binance's licensing challenges under the EU's MiCA framework, FinCEN and FBI actions targeting cartel-linked fuel theft and human smuggling networks, and the UK's evolving crypto asset regulatory regime. Additional topics include Europol's latest assessment of organized crime networks, the SEC's enforcement action against Merrill Lynch for SAR reporting failures, and the potential business and regulatory implications of a recent U.S. Supreme Court decision affecting independent federal agencies. The episode concludes with a preview of upcoming AML RightSource content, including a discussion on AI and financial compliance.

In this episode of This Week in AML, Elliot Berman and John Byrne break down key developments from the latest FATF plenary—highlighting a growing global emphasis on fraud, stronger public-private collaboration, and updated guidance on payment transparency and targeted sanctions. They also explore the Wolfsberg Group’s refreshed framework for a truly effective risk-based approach, centered on proportionality, prioritization, and outcomes—not just compliance for compliance’s sake. Back in the U.S., the conversation turns to the evolving regulatory landscape around stablecoins, including new proposed rules extending KYC and CIP requirements—and concerns about whether they go far enough to address illicit finance risks. It’s a wide-ranging discussion that reinforces a central theme: effectiveness—not just effort—is becoming the defining standard in AML.

This week on This Week in AML, Elliot Berman and John Byrne unpack major developments shaping the financial crime landscape. They discuss FinCEN’s guidance expanding Section 314(b) information-sharing to include fraud and what it means for financial institutions. The conversation also covers new CFPB guidance on lending and immigration-related risks, increased IRS scrutiny of nonprofits, and enforcement actions from the UK and New Zealand. Plus, they explore growing concerns about the future of U.S. anti-financial crime leadership, the challenges of beneficial ownership transparency, and ongoing investigations tied to high-profile cases.

In this episode of Third Party Risk Perspectives, host Elliot Berman sits down with Christopher Sindik of Blue Umbrella to explore what clients are truly looking for in today’s third-party risk management and due diligence landscape. From the growing demand for scalable technology platforms to increased reliance on ongoing monitoring and managed services, organizations are rethinking how they build and maintain effective compliance programs—often while being asked to do more with fewer resources. The conversation also highlights the rising importance of speed, with a notable increase in expedited due diligence requests as companies look to move faster without sacrificing risk oversight. Tune in for practical insights into how customer expectations are shifting—and what that means for building more efficient, responsive, and resilient risk management programs.

This week on This Week in AML, Elliot Berman and John Byrne break down a wide range of developments shaping the financial crime landscape. They unpack a new joint advisory from FinCEN and federal banking agencies targeting risks tied to unauthorized labor and its implications for banks. The conversation then turns to escalating concerns about “debanking,” including controversy over blocked charitable donations and its implications for access to the financial system. The episode also dives into a congressional hearing on Chinese money laundering networks and how evolving typologies are challenging traditional approaches to tracking money. Plus, insights on prediction markets and potential manipulation, fraud trends tied to social media platforms, EU sanctions targeting crypto, and progress in combating antiquities trafficking.

In this episode of This Week in AML, John Byrne and Elliot Berman break down key developments shaping the financial crime and compliance landscape. The conversation opens with reflections on Federal Reserve independence following Chair Jerome Powell’s recent remarks, before turning to U.S. policy updates and bipartisan actions with implications for governance and oversight. The discussion then shifts to practical compliance takeaways, including OFAC’s newly released sanctions overview and a $1 million settlement highlighting how sanctions risks can arise through indirect client relationships. Internationally, the hosts examine Finland’s national money‑laundering risk assessment, the evolving EU transparency rules on beneficial ownership, and growing concerns about human trafficking linked to major global sporting events. The episode also explores ongoing investigations into fintech and payments firms, emerging risks in cross‑border money movement, and a new Basel working paper on stablecoin liquidity and regulation.

In this episode of AML Conversations, John Byrne is joined by Sarah Beth Felix, author of Dirty Money Weekly, for an in-depth discussion on the biggest developments impacting financial crime compliance professionals. From recent OCC and FDIC consent orders to evolving executive orders shaping fintech and AML regulation, Sarah shares sharp, practical insights drawn from the front lines. The conversation highlights why “a clean audit is not a good audit,” the risks hidden in fintech-bank partnerships, and how even small institutions can fall into critical compliance gaps. Sarah also breaks down the real-world challenges posed by new policy directives—and why many may be harder to implement than they appear. The episode closes with a must-hear reminder for AML teams: focus on what truly matters—identifying and reporting suspicious activity that law enforcement can actually use. If you’re not getting feedback on your SARs, it may be time to take a closer look at your program.

In this episode of Third Party Risk Perspectives, Elliot Berman is joined by Christopher Sindik of Blue Umbrella to break down the latest trends shaping due diligence and third-party risk management in 2026. Drawing on real client data and global insights, they explore how shifting supply chains are driving a 15% migration in due diligence activity across regions, particularly toward India and Latin America. They also discuss the growing demand for deeper investigative methods, including reputational inquiries and on-the-ground site visits, which have seen a notable rise as organizations seek to validate what can’t always be uncovered through desktop research alone. Finally, the conversation dives into the growing importance of identifying ultimate beneficial ownership (UBO), as organizations go beyond surface-level ownership to uncover hidden risks amid evolving global regulations. Whether you're navigating new markets or strengthening your compliance framework, this episode offers practical insights to help you stay ahead of emerging third-party risks.

In this episode of AML Conversations, host Vesna McCreery sits down with Denisse Rudich - financial crime expert, regulatory advisor, and FCA AI Lab cohort participant - to explore how regulators are stepping up to shape the responsible adoption of AI in financial services. Denisse makes a compelling case that innovation and regulation are not at odds, but deeply intertwined, as she walks through the remarkable ecosystem the FCA has built to stay ahead of a rapidly changing technological landscape.

This week, Elliot Berman and John Byrne break down major global developments shaping financial crime compliance. From AUSTRAC’s latest report on terrorism financing risks in nonprofits to FINTRAC’s role in a major Canadian corruption investigation, the conversation highlights how financial intelligence units continue to prove their value. They also explore growing international coordination efforts—including AMLA’s push to standardize suspicious transaction reporting across the EU—and key insights from the Wolfsberg Forum on innovation, AI, and information sharing. On the U.S. front, the discussion turns to regulatory tensions in crypto and prediction markets, new enforcement actions impacting fintech-driven banks, and the ongoing debate around meaningful BSA/AML reform. Plus, a major Bitcoin ATM operator files for bankruptcy amid tightening regulations, and the episode closes with a thought-provoking look at AI governance—from enterprise strategy to global ethical considerations.

In this episode of AML Conversations, host Elliot Berman sits down with Abhishek Mittal, Executive Vice President and Chief Product & AI Officer at AML RightSource, to explore how artificial intelligence is reshaping the financial crime prevention landscape. Abhishek makes a compelling case that domain experts are more valuable than ever — not despite AI, but because of it — as they become essential architects of the taxonomies, context, and judgment that make AI systems reliable and auditable. The conversation covers how organizations can effectively blend domain knowledge with AI engineering, why guardrails must be built on a foundation of sound architecture rather than technology alone, and what it really takes to get your data ready for AI. Abhishek also addresses the blurring line between services and software, and closes with a myth-busting take on what AI can and can't do — including why equating large language models with AI itself may be the industry's biggest misconception today.

This week, Elliot Berman and John Byrne unpack a wave of fast-moving developments impacting the financial crime and banking landscape. They begin by reflecting on Barney Frank's legacy and his lasting influence on U.S. financial regulation. The conversation then turns to a newly issued executive order, Restoring Integrity to America’s Financial System, and what it could mean for financial institutions—from heightened scrutiny around immigration-related risks to potential shifts in crypto access to the Federal Reserve system. They also examine the latest developments in the Clarity Act, a controversial DOJ “anti-weaponization” fund, new OFAC sanctions targeting global networks, allegations of cartel-linked gold entering the U.S. Mint supply chain, and Interpol’s major cybercrime crackdown across the Middle East and Africa.

This week, Elliot Berman and John Byrne break down a packed slate of AML and financial crime developments shaping the global landscape. They start in the U.S. with two new FinCEN alerts—one highlighting Iran’s use of front companies, digital assets, and complex corporate structures to evade sanctions, and another warning of heightened human trafficking risks tied to the 2026 FIFA World Cup. The conversation expands into broader trafficking concerns From there, they unpack the OCC’s latest risk perspective, emphasizing persistent cyber threats, rising fraud sophistication, and mounting pressure on compliance systems amid geopolitical tensions. On Capitol Hill, attention turns to the Clarity Act and its push to build a regulatory framework for cryptocurrencies—alongside mounting concerns from banks and law enforcement about stablecoins, AML enforcement, and investigative visibility. Internationally, they discuss Canada’s dramatic increase in AML penalties, AUSTRAC’s updated risk outlook and virtual asset focus, Switzerland’s proposed AML rule changes, and The EU’s push toward a unified anti-corruption strategy.

In this episode of This Week in AML, John and Elliot cover a wide range of financial crime and compliance developments from around the globe. John opens by honoring the Foley Foundation's annual Freedom Awards dinner, recognizing the organization's vital work advocating for American hostages and journalist safety. The conversation then turns to Canada, with updates on a newly introduced bill to establish a Financial Crime Agency, a proposed ban on crypto ATMs, and recent FinTrac monetary penalties across the real estate, banking, and precious metals sectors. Internationally, they cover the FCA's preparations for the UK's new crypto asset regime taking full effect in 2027, Denmark's FSA referral of Nordea Bank to police over customer due diligence failures, and Europol's launch of a new EU anti-scam intelligence sharing platform. Back in the U.S., John highlights new research from the Anti-Corruption Data Collective on suspicious win rates in prediction market defense and military sectors, the retirement and recognition of Guy Fico, the passing of RICO statute architect Bob Blakey, and the Manhattan DA's return of over 650 antiquities to India. The episode closes with updates on the DOJ's decision to drop its investigation into Fed Chairman Jerome Powell, concerns over judicial nominees, and a preview of the AML Partnership Forum's upcoming May 28th webinar on financial access challenges domestically and globally.

In this episode of AML Conversations, John Byrne is joined by Sarah Beth Felix, author of Dirty Money Weekly, for an in-depth discussion on the evolving state of AML and BSA reform. Recorded at the close of April, the conversation examines FinCEN’s proposed AML program rule, with a critical look at how concepts like “effectiveness,” “risk-based approach,” and “reasonably designed” are used—and often left undefined. Sarah and John also dig into FinCEN’s latest annual report, ongoing challenges with SAR data and form design, and what proposed changes could mean for enforcement consistency and regulatory bottlenecks. The episode explores emerging issues, including the PACE Act, AML model validation, and what meaningful modernization of the Bank Secrecy Act should prioritize ahead of an upcoming congressional hearing on BSA reform.

In this episode of This Week in AML, Elliot and John unpack a busy week in global financial crime and enforcement. They start with Italy’s latest FATF mutual evaluation, exploring what regulators praised, where weaknesses remain, and what it might signal for other jurisdictions. The conversation then shifts to the EU’s newly adopted Russia sanctions package, including expanded financial and crypto restrictions and fresh anti-circumvention tools. They also highlight key investigations and enforcement actions from France, Moldova, Switzerland, and the OCCRP’s latest reporting. In the U.S., the discussion turns to prediction markets, as the CFTC sues New York over regulatory authority, and a controversial DOJ case involving alleged insider betting raises thorny questions about national security, ethics, and enforcement priorities. The episode closes with updates on DOJ staffing cuts, recent indictments, and transparency litigation tied to the Epstein files.

In this week’s episode of This Week in AML, with Elliot traveling, Joe McNamara joins John Byrne to break down a busy week in global compliance news. The big domestic story is the Corporate Transparency Act, where the House Financial Services Committee passed a bill to repeal the CTA for domestic entities - but only by a single vote. The hosts unpack what that means, where the legislation goes from here, and why a separate threat to withhold FinCEN's entire budget adds another layer of uncertainty to an already complicated picture. North of the border, Canada's FINTRAC has rolled out updates to its administrative monetary penalty framework, including a notable elevation of certain compliance program violations from serious to very serious. Internationally, Transparency International had a busy week - launching a new Anti-Corruption Resource Center, announcing the EU's first Anti-Corruption Directive, and publishing a working paper on professional enablers implicated in illicit financial flows from Africa. AMLA is also moving forward with two public consultations on risk assessment and compliance standards, with hearings scheduled for May 20th and May 28th. Across the pond, the FCA is pressing ahead with the UK's crypto regulatory regime, targeting October 2027 for full implementation - with rules expected this summer and firm authorization applications opening in September 2026. The episode closes with a look at FATF's latest ministerial declaration, a heads-up on OCCRP's coverage of the CTA repeal, and a walkthrough of FinCEN's 2025 Year in Review - a document the hosts recommend as essential reading for any BSA professional. Plus, a preview of AML RightSource's upcoming May webinar on global financial access and a recent AML Conversations episode featuring former IRS CI Special Agent in Charge Paul Camacho.

In this episode of AML Conversations, Elliot Berman is joined by Jennie Jonas, Senior Vice President of Financial Crime Advisory, to discuss the recent surge in fintechs pursuing OCC limited-purpose trust charters. They explore what’s driving this trend, how limited trust charters differ from full bank charters, and why these structures are especially attractive for fintechs operating in payments and digital assets. The conversation also dives into common misconceptions, the reality of “bank‑grade” AML and governance expectations, and what fintechs should prepare for before—and after—receiving a charter. From compliance program design and OCC examination rigor to risk governance, board expectations, and the future evolution of charter authorities, this episode offers practical insight for fintechs considering a charter and for institutions working with chartered fintech partners.

Casinos operate at the intersection of entertainment, cash, and compliance—making AML in gaming fundamentally different from banking. In this episode, John Byrne sits down with Paul Camacho, Vice President of Compliance at Yamava’ Resort & Casino and former IRS‑CI Special Agent in Charge, to unpack what AML professionals outside the gaming industry often misunderstand. Paul shares insights from both the law‑enforcement and casino sides, including why most illicit funds enter casinos through spending, not laundering; how gambling addiction creates unique fraud and AML risks; and why observation and human intelligence matter as much as analytics. The conversation also explores public‑- private partnerships, casino typologies such as illegal sports betting and cash-intensive fraud, emerging risks highlighted in the National Money Laundering Risk Assessment, and how to move beyond “check‑the‑box” AML training. This episode offers a rare, practical look at how effective casino AML programs balance regulation, culture, and real‑world risk.

In this week’s episode of This Week in AML, John Byrne and Elliot Berman unpack a wide range of global financial crime and compliance developments shaping the risk landscape. The conversation begins with the significance of Hungary’s election results and what a potential reversal of entrenched corruption could mean for democratic institutions and Ukraine. The episode also covers leadership changes at IRS‑CI, new OFAC sanctions targeting cartel‑linked money laundering and cash smuggling, and updated FinCEN FAQs tied to Geographic Targeting Orders. Additional topics include New York’s crackdown on insurance fraud, emerging concerns around elder abuse and sextortion, rising money laundering prosecutions in Turkey following FATF scrutiny, and fresh FCA findings on weaknesses in CDD and EDD practices. The episode closes with a discussion of a reported proposal that could require U.S. banks to collect citizenship documentation—raising major operational, compliance, and debanking concerns.

AI is everywhere in financial crime compliance - but is it delivering on its promises? In this episode of AML Conversations, host Joe McNamara and Mark Sully, Managing Director of Commercial Affairs for EMEA and APAC, dive into the escalating challenges of sanctions screening and geopolitical risk in financial crime compliance. They explore how rapidly shifting sanctions lists, surging alert volumes, and dual-use goods are straining compliance teams - and what institutions are doing about it. From list management and false positive reduction to augmenting analyst workflows with AI, the conversation maps out a pragmatic path forward that balances technology adoption with operational reality.

In this week’s This Week in AML, Elliot Berman and John Byrne break down FinCEN’s newly released notice of proposed rulemaking to modernize the AML/CFT program rule—its first major rethink in two decades. They explore what a risk-based refocus could mean in practice, including new requirements for risk assessments, changes to the four pillars, examiner discretion, and the unprecedented requirement that bank regulators consult with FinCEN before certain enforcement actions. The conversation also covers a flurry of regulatory and enforcement developments: the OCC’s GENIUS Act proposal on stablecoins, the removal of reputation risk from bank examinations, and what both could mean for smaller financial institutions. Elliot and John look back at the 10-year anniversary of the Panama Papers, review the FBI’s 2025 Internet Crime Report, and discuss global enforcement challenges—from scam centers in Southeast Asia to resource constraints at foreign FIUs.

AML RightSource's John Byrne sits down with Dan Stipano, partner at Davis Polk's Financial Institutions and Regulation Group and former Deputy Enforcement Director at the OCC, for an immediate reaction to FinCEN's newly proposed AML/CFT Program Rule. The conversation covers the genesis of the proposal and its key structural changes — including the bifurcation of program establishment and implementation, the formal incorporation of national AML priorities, and the clarification of the US-based compliance officer requirement. Most notably, the two dig into what may be the rule's most consequential provision: FinCEN's unprecedented new role as a gatekeeper over federal banking agency supervisory and enforcement actions. They also touch on a separate final rule from the OCC, the Fed, and the FDIC that eliminates reputational risk from the supervisory framework and what that means for banks' account decisions going forward.

In this episode of AML Conversations, host Joe McNamara and Mark Sully, Managing Director of Commercial Affairs for EMEA and APAC, turn their focus to the unique compliance challenges facing crypto firms. They explore how crypto's speed and risk appetite create gaps between promised and delivered technology outcomes, why efficiency gains from AI are real but often overstated, and what "having a backup plan" actually looks like in a 24/7, never-sleeping market. The conversation also touches on the growing convergence of crypto, stablecoins, and traditional finance - and what that means for governance and oversight.

In this episode, Elliot Berman and John Byrne break down a wide‑ranging set of regulatory and enforcement developments shaping the global financial crime landscape. The conversation covers major U.S. bank settlements tied to the Epstein litigation, a closely watched Capital One debanking case involving Trump‑affiliated entities, and key overseas actions—from Australia’s expanded AML regime to the UK’s sanctions enforcement against Apple and a massive scam operation in Cambodia. The discussion also dives into the OECD’s latest anti‑bribery report, FinCEN’s proposed whistleblower award program, emerging healthcare fraud typologies, and renewed concerns over the weakening of the U.S. Corporate Transparency Act. Wrapping up, Elliot and John assess developments tied to FATF’s mutual evaluation of the United States, nonprofit de‑risking, and new OFAC guidance on sham transactions—offering critical context for compliance professionals navigating a rapidly shifting risk environment.

In this episode of AML Conversations, John Byrne sits down with Sarah Beth Felix—AML expert and author of Dirty Money Weekly—for a wide‑ranging discussion on the biggest AML, sanctions, and financial crime developments shaping the landscape in March 2026. Drawing on insights from multiple industry conferences and recent regulatory activity, Sarah shares why banks of all sizes are becoming more creative in financial crime detection, why sanctions compliance is no longer just a name-matching exercise, and how AI can be leveraged thoughtfully to manage growing complexity. The conversation explores Treasury’s newly released national risk assessments, critical gaps in the U.S. regulatory framework, and what institutions should take away as the FATF mutual evaluation continues. John and Sarah also dig into the implications of recent court decisions affecting FinCEN’s residential real estate rule, ongoing lobbying challenges, FINRA’s growing leadership in AML enforcement, and why now is not the time for institutions to let their guard down—despite shifting regulatory priorities. This episode is a must‑listen for AML, compliance, and risk professionals looking for practical, unfiltered insights on where the industry stands—and where it’s headed next. The views expressed in this podcast represent those of the speakers and not AML RightSource.

In this special episode of AML Conversations, John Byrne is joined by Ashleigh Subramanian Montgomery of the Charity & Security Network to discuss C&SN’s newly released Shadow Report on the U.S. FATF Mutual Evaluation and what it means for nonprofits, financial institutions, and regulators. The conversation explores how U.S. government actions since the last FATF evaluation in 2016 have affected nonprofit financial access, particularly for humanitarian organizations operating in high‑risk and conflict environments. Ashleigh walks through the findings of the Shadow Report, including both positive developments—such as humanitarian carve-outs and improved risk-based language—and ongoing concerns around de-risking, executive actions, and the expanding use of counterterrorism authorities. John and Ashleigh also discuss recent Treasury risk assessments, the gap between policy and on‑the‑ground implementation, and emerging concerns about nonprofit investigations tied to domestic terrorism. The episode concludes with practical guidance for financial institutions on communication, due diligence, and balancing AML/CFT obligations with humanitarian imperatives as FATF assessors finalize the U.S. review.

In this milestone 300th episode of This Week in AML, Elliot Berman and John Byrne reflect briefly on the evolution of the podcast before diving into a wide‑ranging discussion of the most pressing developments in the AML, sanctions, and financial crime landscape. The episode features key takeaways from the Fifth Annual AML Partnership Forum in Washington, DC, including insights on public‑private collaboration, cryptocurrency investigations, fraud trends, sextortion, and human trafficking. Elliot and John also unpack major global and domestic developments—from wartime corruption risks and sanctions involving Iran and Russia, to FATF’s new anti‑fraud toolkit and a federal court ruling striking down FinCEN’s residential real estate AML rule. Additional topics include emerging concerns about insider trading and prediction markets, nonprofit investigations tied to domestic extremism, shifting counterterrorism resources, and new reporting on classified information and financial motives. The episode closes with reflections on public service and the legacy of former FBI Director Robert Mueller. As always, listeners are encouraged to review the source material referenced and draw their own conclusions.

AI is everywhere in financial crime compliance - but is it delivering on its promises? In this episode of AML Conversations, host Joe McNamara sits down with Mark Sully, Managing Director of Commercial Affairs (EMEA & APAC), to cut through the hype surrounding AI in AML, transaction monitoring, sanctions screening, and KYC. Drawing on conversations with banks across the globe, Mark shares what compliance leaders are actually experiencing as they attempt to roll out AI-driven solutions. Together, Joe and Mark explore the growing gap between AI’s promised efficiency gains and the operational realities banks face today - from data readiness and regulatory constraints to delayed implementations and rising alert volumes. The conversation emphasizes a critical question many institutions overlook: what happens when AI doesn’t arrive on time or perform as expected? Listeners will gain practical insight into: Why AI is not a silver bullet for compliance challenges The risks of betting everything on a single technology rollout How leading institutions are building contingency plans to stay compliant What “successful” AI adoption really looks like for teams and headcount Why starting with the use case - not the technology - is essential Whether you’re mid-implementation, evaluating AI solutions, or planning your next compliance investment, this session offers a grounded, real-world perspective on how to pursue innovation without putting your program at risk.

This week on This Week in AML, John Byrne and Elliot Berman unpack a rapidly evolving risk landscape—from the ongoing war with Iran and its implications for terrorism threats, to new DOJ enforcement policies and global fraud trends reshaping financial crime compliance. They discuss OFAC’s latest Russia-related license, concerns about the lack of updated DHS threat advisories, and the implications of conflict-driven risks for financial institutions. The conversation also covers major developments in fraud and AML, including new SAR guidance, DOJ updates on voluntary disclosure, AI-enabled fraud, human trafficking trends, and critical reports from Interpol, Nasdaq, and MONEYVAL. The episode closes with updates from Europe on fraud enforcement and AMLA’s supervision plans, as well as breaking news from the U.S. national security community—offering essential insights for compliance, risk, and financial crime professionals. A must‑listen for compliance professionals looking to stay current in a rapidly shifting environment.

In this week’s episode of This Week in AML, Elliot Berman and John Byrne break down a wide-ranging set of developments shaping the financial crime landscape. They begin with the U.S. Treasury’s three newly released national risk assessments—money laundering, terrorist financing, and proliferation financing—highlighting key findings on fraud trends, shell companies, NPO vulnerabilities, and geopolitical threats. Elliot and John also discuss emerging insights from the IRS on the value of CTRs, the White House’s new cybersecurity strategy, upcoming AMLA public hearings in the EU, and AUSTRAC’s expanded compulsory examination powers. Additional topics include recent enforcement actions targeting illicit Iranian oil networks, covert Russian vessel-protection teams, and FATF’s updated consolidated assessment ratings. A must‑listen for compliance professionals looking to stay current in a rapidly shifting environment.

In this timely and eye-opening conversation, John Byrne sits down with leaders from the Charity & Security Network, EarthRights International, and the Unitarian Universalist Service Committee to explore how the current U.S. AML/CFT environment is reshaping the operating reality for nonprofits. With the Financial Action Task Force (FATF) beginning its mutual evaluation of the United States, the stakes for civil society have never been higher. The guests unpack Recommendation 8, the rise of de-risking, expanding state and federal investigations, and how banks’ compliance decisions—sometimes based on misinformation—can delay humanitarian assistance, hinder environmental advocacy, and even jeopardize lives. From faith-based organizations facing surprise information demands to environmental groups navigating criminalization and “eco‑terrorism” labels, this episode exposes the real-world consequences when financial regulations drift from a risk-based approach. The discussion closes with concrete takeaways for AML/CFT practitioners, emphasizing communication, due diligence, and the need for a deeper understanding of nonprofit missions.

This week, Elliot and John unpack a whirlwind of global developments impacting financial crime compliance. They break down a major OCCRP report on how Russia, North Korea, and Iran are exploiting cryptocurrency for sanctions evasion and illicit finance—alongside new Chainalysis insights on post-strike crypto movements in Iran. The conversation explores FATF’s latest reports on stablecoins, cyber-enabled fraud, and the evolving risk-based approach. On the U.S. regulatory front, they cover the effective date of FinCEN’s residential real estate reporting rule, the OCC’s proposed stablecoin framework under the GENIUS Act, and the ongoing debate over rollbacks to the Corporate Transparency Act. Across the Atlantic, they examine the FCA’s push to strengthen AML supervision for professional bodies. The episode also examines the liquidation of Swiss bank MBaer under U.S. enforcement pressure and amid concerns about recent counterintelligence cuts.

In this week’s episode, Elliot Berman and John Byrne cover a wide-ranging set of developments reshaping the global AML landscape. They open by marking the fourth anniversary of Russia’s invasion of Ukraine before diving into new regulatory, enforcement, and geopolitical stories affecting financial crime professionals. John highlights the Federal Reserve’s request for comment on removing “reputation risk” from bank supervision and discusses ongoing litigation involving JPMorgan and the Trump Organization. The conversation then turns international: OCCRP’s newly announced Anti-Corruption Hero Awards, revelations of European-made parts ending up in Russian military drones, and the European Center for Not-for-Profit Law’s work on financial access for human rights defenders. Elliot and John also examine Australia’s transition to a new AML/CFT regime and Canada’s new financial intelligence initiative focused on extortion. Additional topics include the Treasury Inspector General’s audit of FinCEN, IRS-CI’s latest BSA data usage report, and U.S. cases involving cyber intrusions and tax fraud.

In this episode of AML Conversations, John Byrne sits down with Sarah Beth Felix—AML expert and author of Dirty Money Weekly—to break down the biggest storylines shaping financial crime compliance this month. Sarah offers a practical, forward-looking take on the Epstein files and why community and midsize banks must rethink their approach to adverse media screening. She and John also unpack the confusion surrounding the administration’s de-risking Executive Order, the impact of FinCEN’s recent CDD “exceptive relief,” and the optics behind the agency’s decision to rescind its advisory on the St. Kitts & Nevis Citizenship‑by‑Investment program. They dive deeper into IRS‑CI’s newly released data proving the value of BSA reporting—and what rising CTR/SAR thresholds could mean for law enforcement. To close, Sarah responds to emerging rumors that banks should be required to capture and track customer citizenship status, explaining why such a shift would have massive operational implications. This is a must-listen for AML professionals navigating a rapidly changing regulatory landscape and looking for actionable insight, context, and clarity.

In this episode, Elliot Berman and John Byrne break down the major developments from the February FATF Plenary, including Kuwait and Papua New Guinea joining the Grey List and updates on evaluations for Austria, Italy, and Singapore. They also explore FATF leadership changes and the reiteration of Russia’s suspension. The conversation moves into rising crypto-enabled human trafficking networks highlighted in a new report from Chainalysis, Cambodia’s large-scale crackdown on fraud centers, and several key U.S. regulatory updates. These include FinCEN’s new CDD “exceptive relief,” the rollout of a whistleblower portal, and the OCC’s proposed changes to the bank appeals process. Elliot and John also discuss recent law enforcement actions, Supreme Court efforts to strengthen conflict-of-interest checks, and a Federal Reserve governor’s insight into how AI may reshape the labor market.

In this week’s episode of This Week in AML, Elliot and John unpack a wide-ranging set of global developments impacting financial crime compliance. They preview key agenda items from the FATF Plenary in Mexico City, including new mutual evaluations and technology-focused initiatives. The conversation also examines Transparency International’s 2025 Corruption Perceptions Index, highlighting troubling downward trends among high-scoring democracies, including the U.S. Elliot and John also explore the EU’s proposed sanctions package targeting Russian crypto activity, the FTC’s latest ransomware oversight report, new OFAC actions related to Hezbollah, recent enforcement in the crypto fraud space, and ongoing gaps in U.S. regulation of the antiquities market. Additional topics include global efforts to combat illicit gold trafficking, Jersey’s move toward comprehensive modern slavery legislation, and seasonal warnings about romance‑investment scams.

In this episode of Third Party Risk Perspectives, host Chris Sindik, Senior Director of Third-Party Risk and Due Diligence at Blue Umbrella, sits down with Sakshi Sharma, Assistant Manager and leader of Blue Umbrella’s monitoring team, to explore the fast-evolving world of terrorist financing. Sakshi shares frontline insights into both traditional funding methods—such as counterfeit goods, drug trafficking, charity fraud, and illicit oil sales—and the next-generation tactics reshaping the threat landscape. Together, they discuss how terrorist groups now exploit social media, online gaming, digital payments, deepfakes, and AI-powered propaganda to recruit vulnerable youth, launder money, and spread misinformation. Listeners will learn: • How modern online platforms enable covert recruitment and financial flows • Why deepfakes and AI increase the effectiveness of terrorist propaganda • How scammers manipulate youth culture through “easy money” schemes • What organizations and individuals can do to stay vigilant • Why awareness, skepticism, and strong internal controls are more critical than ever This is an essential conversation for compliance professionals, risk leaders, parents, and anyone navigating today’s hyperconnected world.

In this week’s episode of This Week in AML, Elliot Berman and John Byrne cover a fast-moving landscape of regulatory, financial crime, and geopolitical developments across the U.S., EU, and beyond. They discuss the latest releases of Epstein-related files and the surprising absence of financial‑transaction disclosures, a Wall Street Journal investigation into a major foreign investment tied to AI chip access, and new insights into U.S. corporate tax transparency. The conversation moves through significant DOJ actions, a controversial ICE memo, and key UK updates on crypto-related sanctions, data‑quality failures, and public consultations. Elliot and John also explore new EU priorities for AMLA, research on illicit antiquities trafficking, a deep-sea mining corruption investigation, and the DOJ’s 2025 Fraud Section Year‑in‑Review. If your work touches financial crime, sanctions, compliance, or emerging‑risk intelligence, this episode is packed with timely developments that matter.

In this edition of AML Conversations, John Byrne sits down with financial crime expert Sarah Beth Felix, author of Dirty Money Weekly, for the first installment of a new monthly series. Together, they unpack some of the most pressing and misunderstood challenges in today’s AML landscape—from overlooked regulatory risks to the evolving reality of crypto-related crime. Sarah Beth breaks down recent FINRA enforcement actions and explains why traditional financial institutions shouldn’t assume that regulation elsewhere means reduced risk at home. John and Sarah Beth also explore the shifting tone of U.S. supervision, including why banks considering staff or training cuts could be setting themselves up for trouble. The conversation then turns to the political and operational complexities of de-risking/de-banking, and a deep dive into emerging healthcare-related fraud typologies. A candid, insightful, and highly practical conversation—perfect for AML professionals, financial crime investigators, compliance leaders, and anyone navigating the fast-changing world of regulatory risk.

In this week’s episode, Elliot and John cover a fast-moving slate of anti–financial crime developments across the U.S. and around the globe. They break down former President Trump’s multibillion-dollar lawsuit against JPMorgan, evolving debates over U.S. regulatory burden and supervisory staffing at the Federal Reserve, and new legislative pushes to change AML reporting thresholds. Internationally, they explore AMLA’s next steps toward direct supervision of 40 high-risk EU financial institutions, significant enforcement actions in Spain and the U.K., and Austrac’s probe into payments giant Airwallex. The conversation also highlights new leadership at the Wolfsberg Group, Europol’s report on skyrocketing maritime cocaine trafficking, and crypto crime findings from Chainalysis and TRM Labs. The episode closes with a discussion of recent money laundering cases and industry responses to the tragic Minneapolis shooting.

In this episode, Elliot Berman and John Byrne take a wide-ranging look at major developments shaping the AML and financial crime landscape worldwide. The conversation begins in Europe, with updates on the transition to the EU’s new Anti-Money Laundering Authority (AMLA), and early work to standardize suspicious activity reporting across EU member states. From there, the discussion turns to international cooperation, including public-private partnerships in Canada’s fight against human trafficking, and regulatory coordination on cyber threats between the UK and EU. Back in the U.S., Elliot and John examine recent staff reductions at FinCEN, reflect on leadership changes at IRS‑CI, and discuss the implications of presidential pardons involving financial crime. The episode also highlights scam risks targeting retirees, ongoing debates around digital asset regulation and the proposed Clarity Act, and what financial institutions should be watching next.

In this episode, Elliot Berman and John Byrne discuss a fast-moving week across the global financial crime landscape. They unpack the Charity & Security Network’s shadow report ahead of the U.S. FATF evaluation, the UK’s proposed updated “debanking” rules, and recent European regulatory developments—from Poland’s MONEYVAL review to the Dutch Central Bank’s call for proportionality. The conversation also covers international efforts against cultural property trafficking, Sweden’s new red‑flag guidance for funds transfer providers, FinCEN’s geographic targeting order in Minneapolis, and the White House’s announcement of a new DOJ Division for National Fraud Enforcement. Elliot and John also discuss upcoming legislative conversations around raising CTR and SAR thresholds.

In this episode of AML Conversations, Elliot Berman is joined by Christopher Sindik, Senior Director of Third‑Party Risk and Due Diligence at Blue Umbrella, for a deep dive into the Foreign Corrupt Practices Act (FCPA) and the recent deferred prosecution agreement involving Tigo Guatemala, Millicom, and the U.S. Department of Justice. Elliot and Christopher break down how the misconduct unfolded, why the joint‑venture structure created an environment ripe for corruption, and what lessons compliance professionals can draw from the case. The conversation explores practical strategies for strengthening third-party risk management, including intrinsic and acquired risk factors, enhanced controls for high‑corruption jurisdictions, and the critical role of data analytics and AI in detecting anomalies. They also discuss the importance of tone from the top, resource allocation for compliance programs, whistleblower protection, and how companies can ensure that legitimate services are properly documented and auditable. The episode highlights how proactive self-disclosure and robust compliance frameworks can significantly impact outcomes in enforcement actions.

In this episode of This Week in AML, Elliot Berman and John Byrne unpack a fast‑moving start to 2026 across the financial crime, regulatory, and geopolitical landscape. They discuss the U.S. military’s recent operation in Venezuela and its potential sanctions implications, FinCEN’s holiday‑week rule changes—including the extension of AML/SAR requirements for investment advisers and new guidance preparing the industry for the residential real estate reporting rule—and the OCC’s renewed warning about voluntary SAR misuse. The conversation also explores brewing crypto legislation in the U.S., the implementation of the OECD’s Crypto‑Asset Reporting Framework in the EU and UK, and the Netherlands’ new €3,000 cash‑transaction ban. International stories include a troubling investigation into U.S.-registered aircraft ending up in drug‑trafficking networks and FIFA’s controversial decisions involving Russian clubs amid global sanctions.

In this second part of our year-in-review series, Elliot Berman and John Byrne examine the major developments from July to December 2025. From Treasury’s delay of the investment advisor rule and the adoption of the GENIUS Act to the staggering $2 billion in crypto theft, the conversation covers critical shifts in financial crime prevention. They discuss staffing cuts at the State Department, EU fintech risk assessments, FATF’s new national risk assessment toolkit, and the humanitarian toll of sanctions. Other highlights include AMLA’s growing role in EU crypto oversight, AUSTRAC’s crackdown on casino compliance, and global enforcement trends. Plus, insights on OCC’s testimony signaling regulatory priorities for 2026 and FATF’s report on combating online child exploitation. Stay informed as we close out a turbulent year in compliance.

In this special year-end episode of This Week in AML, Elliot Berman and John Byrne look back at the first half of 2025—a period marked by sweeping changes and global challenges. From the surge in executive orders and controversial pardons in the U.S. to the EU’s Digital Operational Resilience Act and FATF updates, the discussion covers key developments shaping compliance. They explore DOJ’s shifting enforcement priorities, OCC’s growing influence on crypto and banking charters, debates over the Corporate Transparency Act, and the rising costs of AML compliance. Plus, insights on human trafficking detection, cybersecurity threats, and the resurgence of check fraud. This is your comprehensive recap of a chaotic year in financial crime prevention.

In this candid year-end conversation, John Byrne and Sarah Beth Felix dissect an unprecedented year in AML enforcement. Felix, President of Palmero Consulting and creator of "Dirty Money Weekly," describes what she sees as systematic dismantling of AML infrastructure despite stated priorities of combating fentanyl and transnational criminal organizations. With only four enforcement actions from traditional federal banking agencies compared to FINRA's 20+ penalties, the landscape has shifted dramatically. The discussion explores Treasury's proposal to give FinCEN veto authority over banking agency BSA decisions - a move Felix warns could create massive bottlenecks. They examine troubling patterns in recent OFAC sanctions penalties where entities disregard guidance while violations flow through traditional banks. Felix shares skepticism about AI replacing the "hyper suspicious" human judgment essential to AML work, noting AI tools consistently fail basic sanctions questions. The conversation addresses the stark gap between U.S. and European cryptocurrency regulation, with America applying 40-year-old money service business laws to digital assets while the EU has comprehensive frameworks like MiCA. Looking ahead to 2026, Felix urges AML officers to use reduced regulatory scrutiny strategically - eliminating legacy policies that waste time while remembering everything missed now can trigger future enforcement. She emphasizes focusing on cartels and foreign terrorist organizations, which now carry criminal liability for banking officers, and proactively auditing customer sanctions programs.

In this episode of This Week in AML, Elliot Berman and John Byrne unpack the latest developments in financial crime compliance. They discuss the U.S. Court of Appeals decision upholding the Corporate Transparency Act, new guidance from France’s TracFin on detecting shell companies, and FATF’s mutual evaluation of Belgium under its updated regime. The conversation also covers global civic space concerns, major enforcement actions in the U.S. and UK, IRS-CI’s annual report highlights, and the OCC’s conditional approval of crypto trust charters. Plus, breaking news on sanctions and fentanyl designations.

In this episode of AML Conversations, John Byrne discusses the evolving landscape of communication in the context of anti-money laundering (AML) and financial crime prevention with experts Justin Cole (First Pitch Communication) and Joe McNamara (AML RightSource). They explore the paradigm shift in how communication is integrated into investigations, the importance of legal considerations, the role of data verification, and the impact of investigative journalism. The conversation also delves into the ethical implications of using AI in communication and the future challenges facing the financial crime prevention space. Link to Justin's Article: https://www.amlintelligence.com/2025/10/insight-why-the-media-has-become-the-front-line-for-fighting...

In this episode of AML Conversations, host John Byrne sits down with Dr. Gabriel Velez, associate professor at Marquette University and author of Making Meaning of Justice and Peace: A Developmental Lens. They explore how peace education and restorative practices shape young people’s understanding of justice, belonging, and community—both in Colombia and Milwaukee. Dr. Velez shares insights on conceptualizing peace, the challenges of fostering optimism in turbulent times, and practical steps for encouraging youth engagement.

In this episode of This Week in AML, Elliot Berman and John Byrne dive into International Anti-Corruption Day and explore contrasting approaches to corruption and financial crime across the globe. From the UK’s ambitious anti-corruption strategy and new FCA tools to the Basel AML Index findings, AUSTRAC’s compliance updates, and EU fraud crackdowns, the discussion highlights global trends and challenges. The hosts also examine recent U.S. developments, including OCC guidance on crypto transactions and the newly released National Security Strategy, offering a perspective on what these changes mean for compliance professionals.

In this episode of This Week in AML, Elliot Berman and John Byrne unpack a pile of developments across the globe. From the EU’s decision to add Russia to its AML blacklist and phase out Russian gas imports, to major enforcement action against a crypto mixer, the conversation dives deep into the evolving financial crime landscape. They also cover Canada’s updated guidance on politically exposed persons, U.S. alerts on cross-border transfers, OCC’s changes for community banks, and a surprising OFAC penalty tied to real estate sanctions. Plus, insights on humanitarian access challenges and upcoming year-in-review discussions. Stay informed on what’s shaping compliance and risk management today.

In this special Thanksgiving edition of This Week in AML, Elliot Berman and John Byrne break from tradition to spotlight the Financial Action Task Force (FATF) and its three 2025 plenaries. They explore key developments, including updates to FATF standards, mutual evaluations, financial inclusion initiatives, and the evolving global stance on virtual assets. The episode also covers jurisdictional changes in monitoring status, new guidance on asset recovery, and FATF’s forward-looking Horizon Scan addressing emerging tech threats like generative AI and deepfakes. Tune in for a comprehensive overview of FATF’s strategic direction and its impact on the global AML landscape.

In this episode of AML Conversations, Joe McNamara speaks with David Lutz, Associate Director of the AML RightSource Financial Crime Advisory group about the evolving Crypto landscape, recent milestones in the space, and how recent legislation has opened the door to further legitimacy and regulation. The cryptocurrency industry is experiencing its fintech moment - trading the freedom of the Wild West for legitimacy in the regulated financial system. With the GENIUS Act establishing the first federal framework for stablecoins and new EU travel rule requirements taking effect in 2026, crypto exchanges must now meet higher AML standards that align with the expectations of traditional banking partners.

In this episode of AML Conversations, John Byrne speaks with Thalia Malmberg and Sangeeta Goswami from the Human Security Collective about the ripple effects of global AML/CFT frameworks on nonprofit organizations. The discussion explores FATF Recommendation 8, recent revisions aimed at reducing harm, and the challenges of striking a balance between security and financial inclusion. Learn why unintended consequences matter, how they affect humanitarian efforts worldwide, and what financial institutions can do to foster risk-based approaches without stifling legitimate charitable work.

In this episode of This Week in AML, Elliot Berman and John Byrne cover a wide range of pressing financial crime topics. They discuss FATF’s latest report on combating online child exploitation, the UK’s Economic Crime Survey findings on sanctions awareness and fraud, and updates from FinCEN on cartel-linked gambling establishments. Other highlights include enforcement actions against elder fraud, tariff evasion prosecutions, and regulatory changes at the Federal Reserve. Tune in for expert analysis and actionable insights for compliance professionals.

In this episode of AML Conversations, John Byrne sits down with Dan Tannebaum, Partner at Oliver Wyman and global leader in anti-financial crime, for a wide-ranging discussion on the evolving landscape of sanctions. From the EU’s post-Ukraine enforcement challenges to the U.S.'s shifting approach under different administrations, Dan offers sharp insights into the effectiveness, limitations, and unintended consequences of sanctions as a policy tool. They explore: Key differences between U.S. and EU sanctions regimes The impact of sanctions on Russia, Syria, Cuba, and Venezuela The growing complexity of sanctions evasion tactics How AML professionals can stay ahead in a rapidly changing environment The future of sanctions as a tool of economic statecraft Whether you're a seasoned compliance officer or new to the field, this episode offers practical takeaways and a candid examination of the geopolitical forces shaping financial crime risk today.

In this episode of This Week in AML, Elliot Berman and John Byrne dive into a wide range of developments shaping financial crime compliance worldwide. From controversial U.S. pardons and their implications for corruption cases, to Australia’s staggering $82 billion organized crime costs, and the UK’s new anti-fraud campaign targeting crypto scams—there’s plenty to unpack. The discussion also covers the Bank of England’s stablecoin limits, the latest Global Organized Crime Index findings, intelligence-sharing breakdowns between allies, major sanctions relief for Syria, and a record AML fine against JP Morgan in Germany.

In this episode of This Week in AML, Elliot Berman and John Byrne cover a wide range of global developments impacting financial crime compliance. Topics include new OFAC sanctions targeting North Korean cybercrime and updates from New York's Department of Financial Services on cybersecurity compliance. They also discuss the UN's new Cybercrime Convention, the closure of sanctioned Mexican banks, and identity verification reforms in the UK. Additional highlights include regulatory updates from the European Banking Authority, FINTRAC’s annual report, corruption investigations in Portugal, and California’s new data privacy laws. Tune in for insights on how these changes may shape AML strategies worldwide.

In this episode of This Week in AML, Elliot Berman and John Byrne dive into the latest global developments in anti-money laundering and financial crime compliance. They unpack the EU’s 19th sanctions package against Russia, discuss the GAO’s critique of U.S. sanctions effectiveness, and explore FATF’s October plenary outcomes—including new guidance on asset recovery and AI-related risks. The conversation also covers AMLA’s growing role in EU-wide crypto oversight, the regulation of law firms, elder financial exploitation initiatives from the OCC, and the impact of government shutdowns on FinCEN operations.

In this episode of AML Conversations, Ferko Spits sits down with Dheeraj Maken, Practice Director at Everest Group, and Brad Breslin, Chief Delivery Officer at AML RightSource, to discuss the findings from Everest Group's 2025 Financial Crime Compliance Operating Services research. Dheeraj explains how the assessment criteria have evolved from emphasizing scale and cost arbitrage to focusing on operational ownership, and now in 2025, prioritizing regulatory agility and agentic AI capabilities that blend technology with human expertise. Looking ahead, the conversation explores emerging trends including fraud and AML integration, the migration of transaction monitoring to first line operations, expanding opportunities in crypto compliance and payments, and the anticipated shift toward 50-50 splits between human resources and automation. The group emphasizes the critical importance of maintaining domain expertise and judgment capabilities even as automation increases, particularly for complex decision-making in higher-level compliance functions.

In this episode of This Week in AML, Elliot Berman and John Byrne dive into a packed agenda of financial crime compliance developments across the U.S., Canada, and Europe. They discuss the newly introduced bipartisan Senate bill proposing changes to SAR and CTR reporting thresholds, the troubling budget cuts at CISA, and New York’s latest cybersecurity guidance. The conversation also explores open banking debates, TRM Labs’ crypto adoption report, and Fed Governor Michael Barr’s remarks on stablecoins. Internationally, they cover Canada’s record-setting penalty against Xeltox Enterprises and the UK’s AML supervisory overhaul.

In this episode of This Week in AML, Elliot Berman and John Byrne cover a wide range of pressing topics in the anti-money laundering and financial crime compliance space. They discuss the UK’s latest sanctions targeting Russian energy giants, the European Banking Authority’s report on crypto asset risks, and the Charity & Security Network’s concerns about IRS scrutiny of nonprofits. The hosts also explore a revealing OCCRP investigation into corruption linked to Iraqi Kurdistan’s ruling family and break down FinCEN’s new FAQs on suspicious activity reporting. Plus, updates on GTO extensions and staffing concerns in EU regulators.

In this timely episode, John Byrne sits down with security experts Mark Freedman and Rick Mercuri to explore the evolving landscape of physical security in corporate and financial institutions. From the rise in workplace violence and executive targeting to the challenges of securing facilities against active shooters and ATM attacks, the conversation dives deep into the realities of 2025’s threat environment. Drawing on decades of experience and recent case studies, Mark and Rick discuss how organizations must move beyond reactive measures and embrace holistic, intelligence-driven security programs. They also highlight the role of AI, the importance of tailored threat assessments, and the need for specialized talent in building resilient security infrastructures.

In this episode of This Week in AML, John Byrne and Elliot Berman cover a wide range of developments in the financial crime and compliance landscape. They look at international enforcement actions, including record AML fines for UK law firms and Switzerland’s updated typology report. The conversation spans topics such as life insurance vulnerabilities, cultural heritage protection, Rabobank’s compliance-driven leadership shift, Iran’s FATF ambitions, insider threat mitigation in Canada, and Nigeria’s efforts to combat terrorist financing via crowdfunding. Domestically, they unpack major U.S. regulatory proposals, including redefining community banks, eliminating reputation risk as a supervisory focus, and evolving model risk management guidance.

In this compelling episode, John Byrne welcomes banking law expert and author Tom Vartanian for his third appearance to discuss the evolving threats and challenges in financial technology, cybersecurity, and cryptocurrency regulation. Vartanian offers a sobering look at online scams, the fragility of the Internet, and the role of financial institutions in consumer protection. The conversation also dives into the GENIUS Act, stablecoins, and the future of regulatory frameworks. It is a must-listen for professionals navigating the intersection of finance, tech, and policy.

In this episode of This Week in AML, Elliot Berman and John Byrne unpack a range of pressing developments in the financial crime prevention space. They begin with reflections on the U.S. government shutdown and its ripple effects, then dive into the newly released Trafficking in Persons Report—highlighting the disturbing use of AI in human trafficking. The conversation continues with FinCEN’s recent requests for comment on AML/CFT compliance costs and paperwork reduction, including insights into Section 314(a) data. They also explore AUSTRAC’s warning to Australian banks, the EU’s crackdown on beneficial ownership transparency, and the NYDFS leadership transition. The episode wraps with a look at declining U.S. money laundering prosecutions.

In this episode, John Byrne returns from the Missouri Bankers AML Conference to join Elliot Berman for a wide-ranging discussion on the latest developments in financial crime compliance. Topics include FinCEN’s proposed delay of investment advisor AML rules, the GENIUS Act’s digital asset regulation, and the Bank of Canada’s call for stablecoin oversight. The hosts also explore OFAC’s controversial sanctions decisions, the EU’s 19th sanctions package against Russia, DFS guidance on blockchain analytics, and FATF’s mutual evaluation training. Plus, a look at corruption investigations and Antifa’s domestic terrorism designation.

In this episode of This Week in AML, Elliot Berman and Joe McNamara cover a wide range of global financial crime compliance updates. Topics include the U.S. Treasury’s initiative to simplify SAR filings, BIS entity list implications, FINTRAC’s new ID verification rules for Canadian real estate, and Russia’s barter-based sanctions evasion. The hosts also discuss crypto regulation developments in the UK and Malta, Swiss AML reforms, underground banking trends, and AUSTRAC’s efforts to combat child exploitation.

In this week’s episode of This Week in AML, Elliot Berman and John Byrne unpack the latest regulatory developments. They begin with FinCEN Director Andrea Gacki’s recent testimony before the House Financial Services Committee, highlighting key takeaways on beneficial ownership data, SAR/CTR streamlining, and real estate’s role in money laundering. The conversation then shifts to new FinCEN guidance on geographically targeted MSB reporting and financially motivated sextortion. John and Elliot also dive into the OCC’s controversial statements on SARs and debanking. On the international front, they explore new Wolfsberg Group guidance on stablecoin issuers, FATF’s collaboration with Interpol, and Transparency International UK’s push for beneficial ownership transparency in offshore financial centers.

In this episode of AML Conversations, John Byrne speaks with Ashleigh Subramanian-Montgomery, Acting Director of the Charity & Security Network, about the complex intersection of counterterrorism policy, financial regulation, and humanitarian work. They explore the implications of recent sanctions changes in Syria, the unintended consequences of FATF Recommendation 8, and the challenges posed by de-risking and debanking practices. Ashleigh shares insights on the gendered and societal impacts of sanctions, the limitations of FATF’s new reporting mechanism, and the devastating effects of foreign aid cuts. The conversation closes with a hopeful look at cross-sector collaboration and donor engagement in support of civil society.

In this week’s episode of This Week in AML, Elliot Berman and John Byrne cover a wide range of breaking developments in the financial crime compliance space. From congressional scrutiny of Jeffrey Epstein’s financial records and FinCEN’s website overhaul to the DOJ’s seizure of fraudulent ID marketplaces, the conversation highlights the growing intersection of policy, enforcement, and technology. They also explore FATF’s new National Risk Assessment Toolkit, the UK’s sharp rise in fraud prosecutions, and the landmark “Failure to Prevent Fraud” offense now in effect. Plus, updates on FINTRAC’s enforcement actions in Canada, and FinCEN’s advisory on Chinese money laundering networks.

In this episode of AML Conversations, John Byrne sits down with Lisa Arquette, recently retired Deputy Director of Operational Risk at the FDIC, to reflect on her decades-long career in financial regulation. From the oil crisis in Texas to the 2008 financial meltdown and the evolving challenges of AML, sanctions, and fraud, Lisa shares her unique perspective on how banking has transformed—and what lies ahead. The conversation covers the Corporate Transparency Act, reputational risk, humanitarian banking access, and the implications of recent executive orders on fair banking. A must-listen for professionals navigating the intersection of compliance, policy, and innovation.