Jeff Hooks’ Post

Understanding the new Anti-Money Laundering requirements for Registered Investment Advisers (RIAs) is essential to safeguard operations and clients. Our latest blog post breaks down the complexities of AML regulations going into effect in January. Read it in full: https://hubs.li/Q02NDk2-0

Understanding the new Anti-Money Laundering requirements for Registered Investment Advisers (RIAs) is essential to safeguard operations and clients. Our latest blog post breaks down the complexities of AML regulations going into effect in January. Read it in full: https://hubs.li/Q02ND9mv0

Understanding the new Anti-Money Laundering requirements for Registered Investment Advisers (RIAs) is essential to safeguard operations and clients. Our latest blog post breaks down the complexities of AML regulations going into effect in January. Read it in full: https://hubs.li/Q02NCZRK0

The United States continues to face both persistent and emerging money laundering risks related to: (1) the misuse of legal entities; (2) the lack of transparency in certain real estate transactions; (3) the lack of comprehensive AML/CFT coverage for certain sectors, particularly investment advisers; (4) complicit merchants and professionals that misuse their positions or businesses; and (5) pockets of weaknesses in compliance or supervision at some regulated U.S. financial institutions. https://lnkd.in/exg4HyZw

What's Happening in the World of AML? Check out this article 'Time is Now for Private Investment Industry to Get Real About AML Risks' https://zurl.co/1AJ9 #AML #AMLnews #riskandcompliance

🇩🇪⚖️ BaFin recently released new guidance for Germany’s Money Laundering Act. In this new blog, learn more about the key points in the guidance, including: 🔎 Mandatory adverse media screening 🏢 Additional industries affected 🚩 Risk assessment guidance 💡 CDD updates 🕵 Role of the Money Laundering Officer Read more 👉 https://lnkd.in/ePNUuRwZ #BaFin #AMLCompliance #AntiMoneyLaundering #AMLRegulations

Last chance to register for our webinar tomorrow to enhance your AML compliance strategies. Learn how to safeguard your financial services from hidden sanctions risks. https://buff.ly/4bDKAcS #AML #MoneyLaundering # #AMLCompliance

AML News: Investment Advisers in the US: Upcoming AML/CFT Regulation Changes 📊 FinCEN, the U.S. supervisory authority and financial intelligence unit (FIU), proposed a rule for investment advisers aimed at closing regulatory gaps and combating money laundering. Read our 1-minute article to understand: ✅ What are the requirements of this rule? ✅ Which investment advisers are affected? ✅ What is the rational behind this rule? Contact us if you want to: 👉 Understand further your legal obligations 👉 Establish an effective AML/CFT program based on your risks 👉 Protect your company from the consequences of non-compliance. https://lnkd.in/eHD5DXTE

Curious about how a firm's size and nature affect #AML controls?   Our recent article from AML Regulatory Manager, Michelle Clement explores this important question, highlighting the ways in which firm characteristics shape AML practices.