Compliance Careerist

Ep41: Declining 6 Figures Compliance Role, Podcast Vision and Compliance Anecdotes.

28 Jan 2024

Contributed by Lukas

In this podcast, I am sharing some insights into some of the job interview outcomes I have had the last few weeks. The exciting crossover opportunity ...

Ep40: Compliance Careerist Christmas Anniversary & a Trip Down Memory Lane.

03 Dec 2023

Contributed by Lukas

Welcome to another episode of the Compliance Careerist Podcast! I'm your host Lahcen, and today, we're taking a special trip down memory lane ...

Ep39: ChatGPT and Financial Crime Prevention and some Compliance Caveats

21 Mar 2023

Contributed by Lukas

A 38 year old Albanian Woman is the brain behind famous AI technology ChatGPT. With such AI, Banks and Financial Institutions can use ChatGPT to trans...

Ep38: FCA’s Dear CEO Letter on 2023 Priorities For Payments Firms.

20 Mar 2023

Contributed by Lukas

The Financial Conduct Authority (FCA) has issued a new “Dear CEO” letter to payment firms in the UK. The FCA “remain[s] concerned” that many p...

Ep37: EU Demand OFAC-Style Watchdog to Tackle Sanctions Evasions by Russians

06 Mar 2023

Contributed by Lukas

The Dutch Foreign Minister Proposed in his Speech titled « Building a Secure European Future » to establish an OFAC equivalent agency that will Na...

Ep36: FinCEN’s Whistleblower Program Can Make You Filthy Rich.

03 Mar 2023

Contributed by Lukas

You might want to consider changing career after hearing this Podcast. FinCEN’s AML program allows whistleblowers who report violations of the Bank ...

Ep35: New OFAC Russian Sanctions on Unjustified War Anniversary and FATF’s suspension of Russia.

24 Feb 2023

Contributed by Lukas

The US and EU have imposed new and unprecedented sanctions against Russia in response to the unprovoked and unjustified invasion of Ukraine on War ann...

Ep34: What is Politically Exposed Person (PEP)?

19 Feb 2023

Contributed by Lukas

In financial regulation, a politically exposed person (PEP) is one who has been entrusted with a prominent public function. A PEP generally presents a...

Ep33: How Serious are Office of Foreign Assets Control (OFAC) Sanctions?

12 Feb 2023

Contributed by Lukas

The OFAC sanctions can be either comprehensive or selective, using the blocking of assets and trade restrictions to accomplish foreign policy and nati...

Ep32: Money Laundering Snow Washing Problem in Canada.

10 Feb 2023

Contributed by Lukas

Snow washing refers to hiding illegitimate financial transactions often for purposes of tax evasion in Canada. Canada may have a reputation as a law-a...

Ep31: Tribute to the Victims of Turkey and Syria Earthquake.

09 Feb 2023

Contributed by Lukas

So sad to see the horrible earthquake destruction that has befallen Turkey and Syria. The regions were already full of refugees and now there are more...

Ep30: Beneficial Ownership Information (BOI) Reporting Rule by FinCEN.

06 Feb 2023

Contributed by Lukas

(FinCEN) took a historic step in support of U.S. government efforts to crack down on illicit finance and enhance transparency by issuing a final rule ...

Ep29: Consumer Due Diligence Elements.

05 Feb 2023

Contributed by Lukas

The CDD Rule has four core requirements. It requires covered financial institutions to establish and maintain written policies and procedures that are...

Ep28: What is KYC (Know Your Customer)?

04 Feb 2023

Contributed by Lukas

Know Your Customer (KYC) guidelines in financial services require that professionals make an effort to verify the identity, suitability, and risks inv...

Ep27: Vancouver Model, Money Laundering Scheme Exposed in Canada

30 Jan 2023

Contributed by Lukas

The impact of The Vancouver Model has been staggering; an unquantifiable amount of lives have been rendered unable to buy or even rent in Vancouver. D...

Ep26: Money Laundering & The Vancouver Model.

30 Jan 2023

Contributed by Lukas

The Vancouver Model is a tactic developed by money launderers to avoid suspicion of drug trafficking and organized crime. Money launderers need to hid...

Ep25: The Importance of AML Policies and FATF overview.

29 Jan 2023

Contributed by Lukas

The Financial Action Task Force (FATF) leads global action to tackle money laundering, terrorist and proliferation financing. The FATF researches how ...

Ep24: What is Terrorist Financing?

28 Jan 2023

Contributed by Lukas

Terrorist Financing may involve funds raised from legitimate sources such as personal donations and profits from businesses and charitable organisatio...

Ep23: Whats an AML Compliance Program?

28 Jan 2023

Contributed by Lukas

An anti-money laundering (AML) compliance program helps businesses, including traditional financial institutions—as well as those entities identifie...

Ep22: The Importance of FinCEN in Fighting Financial Crime.

26 Jan 2023

Contributed by Lukas

Using advanced technology and a variety of data sources, FinCEN links together various financial elements of the crime, helping federal, state and loc...

Ep21: Who is a Money Laundering Reporting Officer (MLRO) and What are his Duties?

25 Jan 2023

Contributed by Lukas

A money laundering reporting officer (MLRO) is an employee appointed to oversee a firm's compliance with anti-money laundering (AML) regulations. An M...

Ep20: What Are Financial Intelligence Units (FIUs) ?

24 Jan 2023

Contributed by Lukas

An FIU is an investigative unit established by individual countries to centralize the gathering of suspicious activity reports related to criminal fin...

Ep19: What are Suspicious Activity Reports (SARs) and When and Who Should File a SAR?

23 Jan 2023

Contributed by Lukas

A suspicious activity report (SAR) is filed by a financial institution and other professionals that alert law enforcement to suspicious transactions w...

Ep18: The Groups of People Who Commit Financial Crime.

22 Jan 2023

Contributed by Lukas

In this episode, you learn the categories of people who commit different types of financial crimes. There those who dishonestly generate wealth to sec...

Ep17: I broke my 2023 goal promise to myself.

22 Jan 2023

Contributed by Lukas

Ep17: This episode is my little rant about how I sort of fell off the wagon and having not released any podcast episode during the past two weeks bein...

Ep16: Understanding Financial Crime Compliance.

06 Jan 2023

Contributed by Lukas

Understanding your organization’s threats and having countermeasures is fundamental to modern business success. Financial crime compliance is the st...

Ep15: Coinbase Reaches $100 Million Settlement With New York Regulators Over KYC & Filing Failures.

05 Jan 2023

Contributed by Lukas

Coinbase will pay a $50 million fine and invest a further $50 million into strengthening internal compliance programs after regulators found that Coin...

Ep14: 12 Money Laundering Techniques You Should be Aware of.

04 Jan 2023

Contributed by Lukas

12 Money Laundering Techniques Money Launderers use to commit their laundering operations and hide the source of their illicit assets using different ...

Ep13: Money Laundering for Dummies

03 Jan 2023

Contributed by Lukas

I am going to explain money laundering and particularly its regulation in the United States. There are many U.S. laws that prohibit activities connect...

Ep:12 This Investment Will be my Biggest Success this year.

02 Jan 2023

Contributed by Lukas

Couldnt hold it but share my excitement after buying a Microphone 🎙 for my future podcasts. Such a Kid 👦

Ep:11 Beginner’s Guide on How to Commit Money Laundering

02 Jan 2023

Contributed by Lukas

If you would like to know how to Commit Money Laundering? Follow the steps I am preaching in this episode! You ll most likely end up behind bars, so d...

Ep:10 That One Gift I want to Share with you in 2023.

01 Jan 2023

Contributed by Lukas

2023 is going to be Your Year. A year that you let go of things that dont serve you with Grace. A Year you receive unexpected blessings with Ease....

Ep:9 New York Blizzard and What is an AML Compliance Program?

31 Dec 2022

Contributed by Lukas

In this episode, you ll learn more about the key fundamentals of an AML Compliance Program to be establish In order to combat financial crime by banks...

Ep:8 Here is why Compliance Professionals are so Important!

30 Dec 2022

Contributed by Lukas

Compliance professionals provide a valuable service to companies by helping them avoid costly fees and legal problems. Regulatory agencies may levy fe...

Ep:7 The Intelligence Reform and Terrorism Prevention Act of 2004

29 Dec 2022

Contributed by Lukas

The Intelligence Reform and Terrorism Prevention Act of 2004 Amended the BSA to require the Secretary of the Treasury to prescribe regulations requiri...

Ep:6 Victims of 9/11 Terror Attacks will never be forgotten and the USA PATRIOT Act to fight Terror

28 Dec 2022

Contributed by Lukas

It is an emotional episode for me, or at least I think it was. I’d like to pay tribute to the victims and survivors of the terrible attacks that occ...

Ep:5 Money Laundering Suppression Act and Money Laundering and Financial Crimes Strategy Act

27 Dec 2022

Contributed by Lukas

This episode provide a high level overview of the provision of both Money Laundering Suppression Act and Money Laundering and Financial Crimes Strateg...

Ep:4 History of AML Laws: Anti Drug Abuse Act and Annunzio Wylie Anti Money Laundering Act.

27 Dec 2022

Contributed by Lukas

This Episode covers two other important AML Acts. The Anti-Drug Abuse Act of 1988 which Expanded the definition of financial institution to include bu...

Ep:3 How to set and achieve your career goals for 2023.

26 Dec 2022

Contributed by Lukas

A new year is upon us, which means it's officially goal-setting season. I hope 2023 become a successful year for many of us. It is that time of the ye...

Ep:2 US History of Anti Money Laundering Laws. The BSA & MLCA Overview

26 Dec 2022

Contributed by Lukas

In its mission to "safeguard the financial system from the abuses of financial crime, including terrorist financing, money laundering and other illici...

Ep:1 History and Birth of Money Laundering and where this all came from.

24 Dec 2022

Contributed by Lukas

Money laundering as a crime only attracted interest in the 1980s, essentially within a drug trafficking context. It was from an increasing awareness o...

Compliance Careerist (Trailer)

23 Dec 2022

Contributed by Lukas