Show Notes
This week, Elliot Berman and John Byrne break down a packed slate of AML and financial crime developments shaping the global landscape.
They start in the U.S. with two new FinCEN alerts—one highlighting Iran’s use of front companies, digital assets, and complex corporate structures to evade sanctions, and another warning of heightened human trafficking risks tied to the 2026 FIFA World Cup. The conversation expands into broader trafficking concerns
From there, they unpack the OCC’s latest risk perspective, emphasizing persistent cyber threats, rising fraud sophistication, and mounting pressure on compliance systems amid geopolitical tensions. On Capitol Hill, attention turns to the Clarity Act and its push to build a regulatory framework for cryptocurrencies—alongside mounting concerns from banks and law enforcement about stablecoins, AML enforcement, and investigative visibility.
Internationally, they discuss Canada’s dramatic increase in AML penalties, AUSTRAC’s updated risk outlook and virtual asset focus, Switzerland’s proposed AML rule changes, and The EU’s push toward a unified anti-corruption strategy.
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