FDIC’s Compliance Cost Survey, OFAC’s Crypto Crackdown, & CCP’s Hong Kong Warning | FinCrime Unfiltered
FinCrime Unfiltered with Sarah Beth FelixShow Notes
In this episode of FinCrime Unfiltered, host Sarah Beth Felix breaks down three major developments shaping the global financial crime landscape:
FDIC’s Survey on Compliance Costs – What new data reveals about the rising burden of compliance for U.S. banks and financial institutions. Check out the full survey here: https://www.fdic.gov/federal-register-publications/draft-survey-comment-survey-costs-amlcft-compliance
OFAC’s Penalty Against a Denver Digital Asset Exchange – Why this enforcement action signals Washington’s growing scrutiny of crypto players.
Congressional-Executive Commission on China Letter – A sharp warning on Hong Kong and Chinese companies, and its implications for compliance, sanctions, and cross-border risk. Proudly Supported by Hummingbird - Register for Hummingbird's Event: Customer Screening In The Age of AI: https://newsletter.illicitedge.com/p/cut-screening-time-by-50?utm_source=newsletter.illicitedge.com&utm_medium=newsletter&utm_campaign=cut-screening-time-by-50
Stay ahead of the regulatory curve with sharp analysis, expert insight, and a look at how these moves could impact compliance teams, financial institutions, and global markets.
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Host Sarah Beth Felix unpacks a whirlwind week in financial crime and compliance, with critical updates every compliance officer needs to hear:
In this episode of FinCrime Unfiltered, Sarah Beth Felix breaks down some of the latest global financial crime and compliance headlines you need to know: