A Race to the Bottom: Will the UK Resist the US Bribery Free-For-All? President Trump’s latest executive order, 'Pausing Foreign Corrupt Practices Act Enforcement to Further American Economic and National Security' which instructs the Department of Justice to halt enfor...

The US just legalised bribery by halting FCPA enforcement, letting US companies bribe freely. This reckless move undermines global anti-corruption efforts. With the US sinking into corruption, will the UK stand firm or follow?
#Corruption #Bribery #US #UK #Regulation

OpusDatum on LinkedIn: Financial Services Threat Assessment Report published A valuable document from OFSI revealing that 65% of reported UK sanctions breaches involve Russian designated persons and their increasing use of enablers to…

A valuable document from OFSI revealing that 65% of reported UK sanctions breaches involve Russian designated persons and their increasing use of enablers to evade restrictions. Read the full report on our website: lnkd.in/esp9xxVg
#sanctions #OFSI #report

Mastering SEPA Wire Transfer Compliance: Navigating the Travel Rule The Single Euro Payments Area (SEPA) has revolutionised cross-border payments within Europe, making them as seamless as domestic transactions. By harmonising payment systems across 36 countries, SEPA ...

Explore our ongoing series of insights into the FATF R16 Travel Rule, WTR, and FTR, with a focus on SEPA payments and their role in enhancing global compliance, transparency, and financial security. wix.to/fzrGLb7
#AML #FATF #R16 #TravelRule #MLR2019 #WTR #FTR #SEPA #financialtransparency

Elizabeth Travis on LinkedIn: WEEKEND READ: Looking at potential upside of Trump and the global battle… I agree that more should be done to tackle underlying predicate crimes, particularly organised crime, drug trafficking, and financial crime at its source…

More effort is needed to combat predicate crimes like organised crime, drug trafficking, and financial crime at the source. Shifting from private-sector compliance to well-funded law enforcement is logical. But with Trump’s past dismantling of anti-corruption measures, who will enforce it, and how?

Enhancing Sanctions Compliance: The Role of Principle-Based Alert Decisioning In an era of increasing geopolitical tensions and evolving regulatory landscapes, sanctions screening has become a cornerstone of compliance programs for organisations across industries. Financial ins...

As geopolitical tensions rise, the need for effective sanctions compliance has never been more pressing. This post explores the role of principle-based alert decisioning in strengthening your compliance measures.
#Compliance #Sanctions #Governance #screening #riskmanagement

In the age of crypto, is FATF playing catch-up on Recommendation 16? | The Payments Association As crypto reshapes finance, the FATF's Travel Rule struggles to keep pace—can global regulators close the gap on illicit transactions?

Check out our latest thought piece on the FATF Recommendation 16 Travel Rule for The Payments Association.
#AML #FATF #R16 #TravelRule #WTR #FTR #financialtransparency

Trump order challenges independence of FCC, FTC and financial regulators The order is the latest example of Trump’s embrace of a broad and controversial theory of executive power. The White House is confident the Supreme Court will bless his approach.

Trump's latest power grab undermines governance whilst threatening regulatory independence and oversight. If unchecked, it sets a dangerous precedent. Congress must act now to protect regulatory autonomy and prevent executive overreach that prioritises politics over the public good.

Bridging the Gap: Why Banks Must Reconcile Customer Data with Payment Systems In the financial services sector, accurate customer data is essential for operational efficiency, compliance, and trust. Banks process millions of transactions daily, and the reliability of these tran...

Accurate customer data is vital for banks to ensure compliance and trust. In our latest blog, explore how reconciling customer data with payment systems can lead to operational excellence.
#aml #sanctions #payments #customerdata #wtr #ftr #r16

Shadow States: How Organised Crime Thrives in the Absence of Governance Organised crime groups (OCGs) often step into voids left by governments, especially in regions where state presence is weak, governance is ineffective, or public trust in institutions has deteriorated...

In regions where governance is poor or even absent, organised crime often steps in to fill the void. Our latest article looks at the rise of shadow states and the implications for global stability.
#financialcrime #aml #governance #OrganisedCrime #ShadowStates

Trump’s $5 Million ‘Gold Card’ Visa: A Gateway for Financial Crime? President Donald Trump’s proposal to replace the existing EB-5 visa program with a streamlined $5 million 'gold card' residency system has raised serious financial crime concerns. Whilst investment-ba...

President Trump’s plan to replace the EB-5 visa with a $5 million 'Gold Card' residency has significant implications. Dive into our latest analysis of whether this proposal could lead to increased financial crime.
#FinancialCrime #USVisa #GoldCard #Sanctions #Russia

How Money Laundering & Terrorist Financing Regulations Are Shaking Up the UK Cryptocurrency Industry The world of cryptocurrency is constantly evolving, and the recent introduction of the UK Money Laundering & Terrorist Financing (Amendment) (No.2) Regulations 2022 (MLR 2022) is a significant develop...

In light of recent regulations targeting money laundering and terrorist financing, the UK cryptocurrency industry is entering a new era. Stay informed about how these regulations may shape the future of digital currencies.
#AML #CTF #MLR2019 #Cryptocurrency #Regulation

Defensive SAR Reporting: Safeguarding Compliance or Undermining Law Enforcement? Suspicious Activity Reports (SARs) are a crucial tool in the global fight against financial crime, including money laundering and terrorist financing. However, an increasing trend of defensive SAR rep...

Are financial institutions filing SARs to fight crime or just to appease regulators? Excessive, low-quality reports overwhelm enforcement, obscuring real threats. It’s time to shift from compliance-driven reporting to intelligence-led action. #FinancialCrime #AML #Compliance #SARs #LawEnforcement

FATF Travel Rule: Key Differences Between the EU & Australia? Understanding the differences between the EU and Australia's adoption of the FATF Recommendation 16's Travel Rule is essential for businesses, financial institutions, and compliance professionals oper...

The EU mandates full transaction disclosure, while Australia follows a risk-based approach with thresholds. Businesses must grasp these differences to stay compliant, manage risks, and streamline cross-border transactions. #AML #FATF #R16 #TravelRule #WTR #FTR #EU #Australia #financialtransparency

OpusDatum Celebrates International Women’s Day 2025 (IWD2025) Today, on International Women’s Day, we at OpusDatum take a moment to recognise the brilliant women in our team and beyond. This year’s theme, Accelerate Action, is a reminder that progress doesn’t ha...

Happy International Women's Day! Today’s all about celebrating the amazing women in our lives. Let’s keep supporting each other and pushing for equality every day.
#IWD2025 #AccelerateAction #equality

Unmasking Predicate Crimes: How Banks Can Combat the Roots of Financial Crime It can be argued that the global banking sector needs to do more to identify predicate crimes rather than focusing solely on money laundering (ML) risk. Predicate crimes are the underlying offenses th...

Banks often focus on money laundering, but tackling predicate crimes like fraud and drug trafficking is key to financial crime prevention. A proactive approach enhances compliance, mitigates reputational risks, and disrupts criminal networks. #financialcrime #AML #predicatecrime #riskmanagement

The Growing Risk of Money Laundering Through Credit Cards: Should They Be Subject to Wire Transfer Regulations? Money laundering is a serious threat to the global financial system. As criminals grow more sophisticated, they continually refine their methods of moving illicit funds. Although credit cards have tra...

Financial crime is evolving—should credit cards be regulated like wire transfers? Our latest blog explores the risks of money laundering using credit cards. wix.to/nJcd2Z3
#aml #ctf #creditcards #regulation #travelrule #financialtransparency

Ships carrying missile propellant ingredients set to sail from China to Iran, say officials Intelligence suggests vessels will be laden with sodium perchlorate used in critical weapons

www.ft.com/content/f0bc...

Iranian ships making a non-stop strip with cargo of basic chemicals with interesting #DualUseGoods. Those missiles need some fire. If you're a bank with an China footprint, do any of your business customers have a connection to this? #EconomicSanctions #OFAC #OFSI

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