K2 Integrity's Jeremy Kroll joined Jill Malandrino on Nasdaq's TradeTalks to discuss the latest risks facing the financial industry and how to effectively leverage technology to fight financial crime. Watch here.
This is part 3 of a five-part series with Tom Fox and the FCPA Compliance Report on the National Defense Authorization Act (NDAA) and changes to the Bank Secrecy Act (BSA) and the Anti-Money Laundering Act (AMLA). To listen to the first episode in the series, please follow this link. For both the public and private sector,...
Major Sanctions Developments White House to Announce Ban on Russian Oil Imports. According to reporting from The New York Times, President Joe Biden will announce a ban on U.S. imports of Russian oil. According to the report, “it is unlikely that Mr. Biden will be joined by the leaders of European countries.” FinCEN Issues Alert...
For decades, rogue states and terrorist groups have exploited the global financial system to finance the acquisition of goods and materials for their weapons of mass destruction (WMD) programs. Regulatory pressure on financial institutions to better respond to this threat has likewise grown. In its most recent plenary, the Financial Action Task Force (FATF), the...
Mariano Federici is a senior managing director at K2 Integrity, resident in the firm’s Washington, D.C. office. He is a leading global expert in anti-money laundering and counter-terrorist financing (AML/CFT) and has more than 25 years of experience in government, international institutions, and the private sector. Mariano advises clients, including governments and financial institutions, on...
Daniel Glaser, head of jurisdictional services and K2 Integrity’s Washington, D.C. office, testified on domestic terrorist financing before the House Committee on Financial Services’ Subcommittee on National Security, International Development, and Monetary Policy on 25 February 2021. In his prepared remarks, Danny notes several steps the U.S. government and Treasury Department specifically can take to...
K2 Integrity is partnering with the DIFC Academy for a webinar, “Virtual Assets and FATF Guidelines—A Risk-Based Approach for Financial Institutions,” on 28 September 2021. Given the popularity of virtual assets and cryptocurrencies in the UAE and globally, regulators and organizations such as the FATF have begun to provide further guidance recently to virtual asset...
In the wake of the FTX implosion, K2 Integrity's Alex Levitov and Richard Goldberg penned a thought leadership piece for Foundation for Defense of Democracies (FDD) titled "The Underside of the Coin: Illicit Finance Risks in Virtual Assets," outlining the need for clear regulation from the US government to ensure national security and consumer safety....
Over the past decade, the financial system has evolved and become more complex as new financial products enter the marketplace. As a result, there is increased oversight by regulators and policymakers who have imposed heightened expectations and accountability for risk management. It is more important than ever to invest in the development and training of...
