Case Studies & Technology
How can organizations improve their AML compliance program?
Last Updated: November 2, 2025Improvement requires investment in technology (advanced analytics), increasing the quality of staff training and expertise, conducting frequent and high-quality risk...
What role does technology play in modern AML practices?
Last Updated: November 2, 2025Technology is critical for automation, scalability, and efficiency. It enables real-time transaction monitoring, sophisticated data analytics for pattern recognition, and...
Describe a successful AML strategy implemented by a financial institution.
Last Updated: November 2, 2025A successful strategy involves a multi-pronged approach leveraging AI/ML for advanced transaction monitoring, robust data governance for accurate risk scoring,...
What are the common pitfalls in AML compliance?
Last Updated: November 2, 2025Common pitfalls include ineffective transaction monitoring systems (high false positives), insufficient staffing/training, lack of true Risk-Based Approach application, and a...
How can organizations prevent similar scandals from occurring?
Last Updated: November 2, 2025By establishing a strong culture of compliance from the top down, implementing effective internal controls that challenge business decisions, ensuring...
What are the key takeaways from the Wells Fargo fake accounts scandal?
Last Updated: November 2, 2025The scandal highlighted the danger of a poor compliance culture and misaligned sales incentives. It underscored the need for strong...
How did the Panama Papers scandal affect AML practices?
Last Updated: November 2, 2025It led to a global push for greater transparency on beneficial ownership, accelerating regulatory changes (like the EU’s BO registers)...
What lessons can be learned from the HSBC money laundering case?
Last Updated: November 2, 2025Key takeaways include the absolute need for robust global controls, effective transaction monitoring across all jurisdictions, and ensuring the compliance...
Describe a high-profile case of money laundering and its impact.
Last Updated: November 2, 2025The Danske Bank scandal involved processing over €200 billion in suspicious transactions through its Estonian branch. The impact was severe,...
