Lacking Greater Transparency, Chinese Companies Look to Foreign Exchanges: Law360
In “Crackdown on Chinese Cos. Could Be a Double-Edged Sword” (Law360, 5 June 2020), Himamauli Das, senior vice president at K2 Intelligence FIN, discusses recent regulatory scrutiny on Chinese businesses listing on U.S. exchanges. According to Him, the frustration of U.S. regulators with what they see as the noncompliance of Chinese firms is understandable. What’s […]
IoT Devices and AML: What Are the Risks?
In “Tech Traps—AML Hacked” (Money Laundering Bulletin, 27 May 2020), K2 Intelligence FIN discusses some of the ways hackers can leverage information from IoT devices to conduct illicit activity, including money laundering. Read the entire article in Money Laundering Bulletin (registration may be required).
Moving the Secret Service Back to Treasury Helps Fortify the Financial System: The Hill
In “Protecting the Financial System Against the Coming Cyber Storms” (The Hill, 18 May 2020), Juan Zarate, global co-managing partner of K2 Intelligence Financial Integrity Network, highlights why moving the Secret Service back to the Treasury Department is important in the wake of the COVID-19 pandemic. According to Juan, the financial sector is currently facing […]
K2 Intelligence FIN on the Impact of Global Maritime Advisory on Sanctions
In “Trump Administration Issues Global Maritime Advisory on Sanctions, With Industry Input” (Reuters, 14 May 2020), K2 Intelligence Financial Integrity Network (FIN), discusses what a recent advisory from the State Department, OFAC, and U.S. Coast Guard means for the maritime industry. K2 Intelligence FIN works with financial institutions, multinational corporations, and shipping and manufacturing companies […]
Danny Glaser Pens Op-Ed in The Washington Post
Danny Glaser, global head of jurisdictional service and head of K2 Intelligence FIN’s Washington, DC office, discusses the possibility of sanctions against global white supremacist groups in a recent op-ed in The Washington Post (11 May 2020). In the piece, Danny examines former sanctions-related activity, and what can happen from here. Read more in The […]
K2 Intelligence FIN Interviewed by Dow Jones on Sanctions and Humanitarian Aid During COVID-19
In The Impact of Sanctions on Humanitarian Aid (Dow Jones, 29 April 2020), K2 Intelligence Financial Integrity Network (FIN) discusses the focus COVID-19 has put on the economic sanctions imposed both by U.S. and international authorities, and the impact on the provision of humanitarian aid. Listen to the full webinar here.
Maintaining AML and ABC Standards in Times of Crisis Features K2 Intelligence FIN
In “Maintaining AML and ABC Standards in Times of Crisis” (Lexology Pro, 24 April 2020), Adam Frey discusses what legal and compliance teams can do to maintain integrity and ensure their businesses are protected during these challenging times. According to Adam, it is more important than ever to think carefully about building and sustaining strong anti-money […]
The Economist Reports on Fraud in Economic Crises Featuring Jules Kroll
In “The Economic Crisis Will Expose a Decade’s Worth of Swindling and Aggressive Accounting” (The Economist, 16 April 2020), Jules Kroll, chair and co-founder of K2 Intelligence, discusses how it’s not just new fraud schemes that appear in the wake of global uncertainty—but also how existing fraud bubbles to the surface. The line between acceptable […]
Juan Zarate Discusses Shocks and Threats to Global Financial System in Light of COVID-19
In “Vital Interests: Shocks and Threats to the Global Financial System” (Center on National Security, 9 April 2020), Juan Zarate, global co-managing partner and chief strategy officer, K2 Intelligence FIN, highlights what the current disruptions in light of COVID-19 mean for the global financial system. Juan notes that while it is a moment of crisis, it is […]
K2 Intelligence FIN Discusses Money Laundering Concerns in Lebanon Financial Crisis
In “Little Alternative—Lebanon” (Money Laundering Bulletin, 8 April 2020), Ladan Archin, director at K2 Intelligence FIN, discusses the current risk landscape and potential outcomes for banks during Lebanon’s financial crisis. According to Ladan, one of the key risks to shutting down formal channels of money transfer is that money may be transmitted through informal channels, […]