AML Red Flags: Large Transfers, High-Risk Jurisdictions, Structuring Payments

📅 September update – AML, financial crime & compliance events across Europe Thanks to the great input from this community, I’ve updated the document with the additional #conferences and #summits you’ve shared with me. The list now covers a wide range of upcoming events across Europe for 2025–2026, relevant for professionals in #compliance, #AML, #RiskManagement, and Regulatory Affairs. Of course, something might still be missing. If you know of other events worth adding, feel free to drop them in the comments or send me a message. I’ll be happy to update the document and keep it useful for everyone. #complianceofficer #followthemoney #dirtymoney #antimoneylaundering #financialcrime

Experts argue that our expanding anti-money laundering regulations remain largely ineffective. They cite a widely-accepted lack of evidence that the rules have made a significant impact on global financial crime. As new AML obligations come into effect from mid-2026, we explore current regulatory efforts, key gaps and how they may evolve: https://ow.ly/aSX550WJZiB #AML #AMLCompliance

We know AML and Compliance teams are under pressure, being asked to do more with less. Our latest research shows: - 32.67% expect their department to shrink - 41.33% expect it to stay the same - Only 26% expect growth This is all while the regulatory burden keeps climbing. How's your firm planning to manage increasing compliance pressures with the same, or even fewer resources? We’ve compiled the full findings in our UK Compliance Paradox Report - link in the comments!

💼 Supporting Compliance Teams in AML Strong AML starts with a strong team. Support compliance by: Monitoring transactions and reviewing alerts Sharing insights and staying updated on regulations Encouraging a culture of awareness Every effort strengthens financial integrity. How does your team collaborate to fight financial crime? #AML #Compliance #Teamwork #FinancialCrime

Too often, we see compliance treated as a one-off task or a box to tick off. But the truth is, AML needs to be built into the way you do business, every day! I recently spoke to Børsen about this exact issue: “We’ve seen some hefty fines in the millions, so it’s high time for companies to make AML checks a natural part of their daily operations”. You can read the full article (in Danish) right here: https://lnkd.in/dGb2sJQd

Trends in AML show increased oversight across the economy including the art world. But are these extra compliance layers really solving a problem or just adding more red tape? Oversight is necessary sure but reasonableness and proportionality matter. Most art transactions already pass through institutions governed by the Bank Secrecy Act. So is this regulation about protection or overreach? #AML #Compliance #ArtMarket #FinancialRegulation #IllicitFinance #BankSecrecyAct #ArtLaw #Oversight #RiskManagement

TCSPs Must Comply with AML Laws by 2026 – Is Your Firm Ready? The AML/CTF Amendment Act 2024 places trust and company service providers (TCSPs) under Australia’s anti-money laundering framework. By 1 July 2026, compliance will be mandatory, requiring risk-based AML programs and enhanced due diligence. This white paper provides: - A breakdown of new AML obligations for TCSPs - Practical steps for implementing compliance frameworks - Best practices for transaction monitoring and internal controls - A roadmap to prepare for regulatory enforcement Download the full guide: https://hubs.la/Q03drv6W0 #AML #TCSP #Compliance #RegTech #RiskManagement

A recent survey highlights the growing financial burden of compliance for estate agents - with the average small agency spending £16,000 a year on compliance. In response: ✅63% already charge clients for ID checks ✅84% either charge or plan to within 12 months. As compliance costs rise, strategies such as charging for checks are becoming more common – but this won’t solve everything. Strong AML processes remain critical to avoid regulatory risk. 👉 Need help making your AML checks efficient, compliant, and cost-effective? Our experts can review your processes and recommend solutions that keep you compliant without hurting your bottom line. 📧 bestpractice@legal-eye.co.uk 📞 020 3051 2049 🌐 https://lnkd.in/ePbb5zHx #Compliance #EstateAgents #ComplianceCosts

Regulatory reports shouldn’t take hours. Or manual copy-pasting. SEON’s AML Suite autofills key report fields, including SAR narratives, so your team can focus on what matters instead of unnecessary paperwork. Faster filings. Fewer errors. Full audit-readiness. #RegTech #AMLReporting #ComplianceEfficiency

FTI Consulting's Alma Angotti will share her expertise on the ABCs of Anti-Money Laundering in a live webinar on Aug. 27. Attorneys will gain a foundational understanding of AML risks, regulations, and case outcomes to better navigate today’s compliance landscape. https://bit.ly/3Uz0XkJ #Compliance #AntiMoneyLaundering #FinancialCrime