AML Case studies / Reports

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

April 9 2018 While 74% of business customers think banks use machine learning and artificial intelligence (AI) to spot money laundering, in reality most banks still rely almost solely on human investigators to manually sift through alerts, according to a new survey by global defence, aerospace and IT giant BAE...
27 March 2018 The FATF, MONEYVAL and the Organization for Security and Co-operation in Europe (OSCE) jointly organised a workshop for judges and prosecutors that focused on their experiences, challenges and best practices in investigating and prosecuting money laundering and terrorist financing and confiscating criminal proceeds. MONEYVAL hosted the event...
20 March 2018 As a result of Norway’s progress in strengthening its framework to tackle money laundering and terrorist financing since their 2014 mutual evaluation, the FATF has re-rated the country on 8 of the 40 Recommendations. Norway has been in an enhanced follow-up process, following the adoption of their mutual...
March 20 2018 Spain reported back on the progress it has made in strengthening the framework to tackle money laundering and terrorist financing since the 2014 Mutual Evaluation. As a result of this progress, the FATF has re-rated the country on 3 Recommendations. Spain is now rated Compliant on 28...
February 22 2018 Crooks have used everything from cash real estate purchases to bottles of Tide detergent to Bitcoin to launder ill-gotten gains. Now you can add a new scheme to the list that relies on a most unlikely product: books. Some authors on Amazon’s self-publishing print book service have had...
15 March 2018 This week the New Zealand Police Financial Intelligence Unit (the FIU) published an updated assessment of the money laundering and terrorism financing risks that the country faces, called the National Risk Assessment. This replaces the National Risk Assessment from 2010, and along with Sector Risk Assessments published by...