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AML Case studies / Reports

Case studies/ reports which can provide in-depth knowledge of this area. Updated regularly.

July 10 2018 A pile of $20 bills – some $600,000 -- that was stacked higher than the casino cashier.  It’s the surreal scene that stays with Joe Schalk from his time as the senior director of investigations at B.C.’s gambling regulator, GPEB.Schalk and his team were tasked with tracking...
This Report examines how politically powerful foreign officials, their relatives, and close associates – referred to in international agreements as Politically Exposed Persons (PEPs) – have used the services of U.S. professionals and financial institutions to bring large amounts of suspect funds into the United States to advance their interests. Using four...
March 1 2016 More than one in three (36%) organisations experienced economic crime Both developed and emerging markets affected Company detection methods not keeping pace What opportunities are available for countering economic crime proactively? More than a third of organisations have experienced economic crime in the past 24 months, as reported...
The 2011 FATF publication Laundering the Proceeds of Corruption discussed the interrelationship between corruption and money laundering.  It identified the most common methods used to launder the proceeds of corruption, and highlighted the vulnerabilities leading to an increased risk of corruption-related money laundering.  The publication also identified areas in which future...
November 23 2016 Banks will have clearer guidance on how to best manage risks related to money laundering and the financing of terrorism under proposals issued today by the Basel Committee on Banking Supervision. The draft rules aim to ensure that banks conduct correspondent banking business with the best possible...
October 17 2016 The problem of organized criminals using encryption has been the subject of fierce debate in recent years. FBI Director James Comey calls the spread of encryption the “Going Dark” problem because it creates massive black holes and blind spots for law enforcement. Encryption has long been utilized by...