Protecting Your Financial Institution from Terrorist Financing

This article was first published in the NJ Bankers Magazine.   For years now, financial institutions have had to focus on the prevention of money laundering. Then in 2001, after the attack on 9/11 and the passage of the USA PATRIOT ACT (Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism) […]

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Structuring – You’re Probably Not Getting It Right

Structuring. That old thing? Yeah, that. Some may have stopped at the title. But if you are a community bank or credit union – you are plagued day-to-day with structuring activity and alerts. Cash is still king in smaller institutions. The chances of your analysts viewing this incorrectly – and dispositioning alerts incorrectly – is […]

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Human Trafficking, Human Slavery, Trafficking in Persons, Human Smuggling – Part 2

A global problem.  What can we do as US financial institutions to help bring it to an end? Last month we discussed the global blight of human trafficking under its various names.  It is second only to global drug trade in terms of its profitability for the criminals who traffic in persons. It produces well […]

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Structuring – You’re Probably Not Getting It Right

Structuring – You’re Probably Not Getting It Right Structuring. That old thing? Yeah, that. Some may have stopped at the title. But if you are a community bank or credit union – you are plagued day-to-day with structuring activity and alerts. Cash is still king in smaller institutions. The chances of your analysts viewing this […]

To access this post, you must purchase Academic Premium Individual Membership.