Community Center

The growing rigor of virtual asset service provider (VASP) regulation and supervision globally has strengthened the compliance focus of leading VASPs, increasing their access to the traditional financial system and to sophisticated financial services. Ongoing implementation of the recently revised Financial Action Task Force (FATF) standards for VASPs suggests growing regulatory convergence on common compliance […]

FIN Chairman Juan Zarate and FIN VPs Gail Fuller and Eric Lorber discuss COVID-19 and the counter illicit finance regime, risks, policy tensions, and opportunities. FINCast · COVID-19 and The Counter Illicit Finance Regime: Risks, Policy Tensions & Opportunities

Summary In response to Beijing’s moves to impose a controversial national security law on Hong Kong, President Trump announced on May 27th a limited visa ban on Chinese students and possible future steps that could include sanctions on Chinese officials and financial institutions. The announcement followed Secretary of State Michael Pompeo’s certification to Congress that […]

The Financial Action Task Force (FATF)–the global AML/CFT standard setting body and watchdog–recently published its third follow-up report of the United States’ progress in implementing the FATF standards since the latest U.S. mutual evaluation (2016). Notably, the FATF upgraded the United States’ rating on Customer Due Diligence (Recommendation 10) in recognition of substantial work the […]

FIN Chairman Juan Zarate gives his top three developments as COVID-19 lockdowns continue for many. Shipping Sanctions in Focus Europe’s New AML Plan Tighter Export Controls

Overnight, the Covid-19 pandemic has fueled the flames of financial crime policy debates that have been burning for a number of years – including what effective identification should look like in a digital era. We now are faced with the question: will this crisis accelerate changes or alter the trajectory of compliance risk management? Regulators […]

On May 14, 2020, the U.S. Department of State, the U.S. Department of the Treasury and the U.S. Coast Guard jointly released a long-awaited “Sanctions Advisory for the Maritime Industry, Energy and Metals Sectors, and Related Communities” (the Advisory). The Advisory provides a comprehensive analysis of sanctions risks in the maritime sector and specific guidance […]

In this webinar, K2 Intelligence Financial Integrity Network’s Eric Lorber—former senior advisor to the Under Secretary for Terrorism and Financial Intelligence at the U.S. Department of the Treasury—will discuss some of the key sanctions developments in 2019, to include efforts by the Trump Administration to ramp up pressure on Venezuela and Iran, in particular by […]

This panel of expert practitioners from K2 Intelligence Financial Integrity Network–with decades of experience in the public and private sector technology industry–will discuss new innovations and technologies being developed and applied in the financial crimes compliance realm, as well as the potential policy and regulatory implications associated with these technological advances. Please contact us for […]

FIN Chairman Juan Zarate and FIN President Chip Poncy are joined by The Sentry’s John Prendergast and J.R. Mailey to discuss Kleptocracy, Financial Crime, and Instability.