Search Results for: fincast – Page 9

On 17 January 2024, K2 Integrity hosted a webinar on FinCEN’s Notice of Proposed Rulemaking on virtual currency mixers and the implications of this first-of-its-kind 311 designation on the virtual currency industry. Elizabeth Severinovskaya, associate managing director at K2 Integrity, moderated the discussion with Juan Zarate, global co-managing partner and chief strategy officer at K2...

On 3 August 2020, the Financial Crimes Enforcement Network (FinCEN) issued responses to three frequently asked questions (FAQs) regarding customer due diligence (CDD) requirements for covered financial institutions, which reinforce the importance of the risk-based approach without prescribing specific processes for collecting and analyzing CDD information.1 The FAQs address regulatory requirements under the CDD Rule2...

Mariano Federici will speak at the Fintelekt Asia AML/AFT Annual Virtual Summit 2020 on the topic “Importance of Public-Private Financial Information Sharing Partnerships in Context to Building a Stronger Global AML/CFT Regime” on 20 July 2020. The summit will bring together a variety of AML/CFT experts, regulators, practitioners and suppliers to share knowledge and insights,...

In “K2 Intelligence FIN Names Mariano Federici as VP of the Division; Danny Glaser, Thomas Bock Quoted” (2 July 2020, ExecutiveGov), Mariano Federici’s new role as vice president at K2 Intelligence FIN is highlighted. According to the article, Mariano will help assess clients’ national AML/CFT regimes, and work in partnership with jurisdictions and government agencies to...

WASHINGTON, DC/NEW YORK – 29 OCTOBER 2020 – K2 Intelligence Financial Integrity Network (FIN) and Giant Oak are proud to announce the launch of Consilient, a company dedicated to establishing the next-generation AML/CFT system through the application of revolutionary technologies. Consilient’s ambition is to solve the fundamental challenges of the lack of efficiency and effectiveness...

For those who haven’t yet had the time to catch up on the ongoing #FinCENFiles reporting, the following is a brief description of the underlying story and some thoughts about the eventual effects on the parties involved. Financial institutions worldwide are obligated to report suspicious activity and transactions to their countries’ respective financial authorities through...

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,...

New practice will help dealmakers navigate national security requirements set by CFIUS and FIRRMA. NEW YORK/WASHINGTON, DC – 12 February 2020 – K2 Intelligence and Financial Integrity Network (FIN) today launched CFIUS Advisory Services, the first significant offering by the combined entity since merging in September 2019. This offering will be dedicated to helping a...

Richard Hills will be speaking at ADGM Academy’s inaugural FinCrime Compliance Series. Hosted by the ADGM Academy Research Centre, the series aims to bring together the UAE’s financial crime compliance ecosystem, including government, banks, regulators, academics, training providers, consultants, and technology providers. After presenting highlights from ADGM Academy’s financial crime whitepaper, Richard will speak in...

Cryptocurrency Landscape Virtual currency is not just here, it’s hot. The asset class seems to have no boundaries; a recent rise has pushed the market value of bitcoin alone to $1 trillion. No longer a fad, the new age of digital currency is seeing payment companies, asset management funds, financial institutions, luxury products, and industrial...