Sanctions, Crypto Workarounds, AI Oversight, and the Future of Financial Crime Compliance
AML ConversationsShow Notes
In this week's episode of This Week in AML, John Byrne and Elliot Berman unpack a wide-ranging set of developments shaping the financial crime compliance landscape. They discuss the evolving geopolitical environment, including sanctions activity involving Iran, Russia, and North Korea, and examine new reports highlighting how cryptocurrencies are being used to evade international sanctions.
The conversation also explores the rise and risks of meme coins, recent SEC efforts to combat retail investor fraud, FINRA's independent review of its enforcement program, and the Federal Reserve's proposed AML program rule. John and Elliot further discuss policymakers' growing interest in AI governance, including questions surrounding financial crime prevention, customer identification, and responsible adoption of emerging technologies.
Whether you're focused on AML, sanctions, fraud prevention, regulatory policy, or AI in compliance, this episode delivers timely insights on the trends reshaping financial crime risk management.
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