The Anti-money Laundering Act of 2020 Presents…
From our Experts
Articles, research and insights.
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Article - 21 minutes read
The Anti-money Laundering Act of 2020 Presents New Challenges for Financial Institutions
This article discusses the key aspects of the AMLA and includes a discussion of the June 30, 2021 actions taken by FinCEN to approach Anti-Money Laundering and Countering the Financing of Terrorism National Priorities. [1]
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Article - 14 minutes read
Cryptocurrency Transaction Monitoring: The Impact on Cryptocurrency Related Businesses
Understanding the specific red flags of cryptocurrency transactions and successfully implementing these red flags into the transaction monitoring process can greatly assist in filing the most accurate SARs, meeting regulatory requirements, and mitigating the AML/CFT risk.
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Article - 4 minutes read
Decoding Updates to the Bank Secrecy Act Anti-Money Laundering Examination Manual
On June 21, 2021, members of the FFIEC released several updated sections and related examination procedures to the Bank Secrecy Act/Anti-Money Laundering Examination Manual that provide instructions to examiners when assessing the adequacy of a bank’s BSA/AML compliance program.
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Article - 10 minutes read
Employee Onboarding: Creating a Strategy of New Employee Engagement to Drive Long-Term Impact
Companies continue to consider what work will look like Post Covid-19. Those with plans to hire should take this opportunity to embrace a more radical onboarding strategy. One focused on cultivating a sense of belonging in the workplace and fostering a more energized, productive, healthy workforce.
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Research and Report - 1 minute read
Banking Innovation Study: People's expectations of their bank in UAE and KSA
Sia Partners conducted a study with Happydemics to understand the uses, expectations and motivations of people with regard to subscribing to a bank in UAE and KSA.
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Research and Report - 3 minutes read
The Global Transition Away From Libor: Industry and Market Sentiment
This report provides an update on the studies we issued in 2019 and 2020 on industry progress in meeting the transition deadlines for the Global Transition away from LIBOR. With client participation, this report provides a synopsis on the transition with 6 months to go before the cessation of LIBOR.