On the 5th of January 2022 the European Banking Authority (EBA) published their opinion on de-risking (EBA/Op/2022/01). The EBA is taking a critical stance towards the de-risking strategies used by many institutions today. The authority sees the broad application of de-risking as an indication that… Read More »Financial and social inclusion at risk due to blanket de-risking
Before Christmas we hosted a seminar together with one of our partners, Pliance, at Norrsken House in Stockholm. The topic was “Financial crime regulations – cost or opportunity for FinTech’s in the Nordics?”
Let’s start with the summary: The 6th EU Anti-Money Laundering Directive poses a potential threat towards EU’s fight against money laundering, terrorist financing and sanction violations. Worrying? Yes. Surprising? Not really. I’ll elaborate more on that below, but let’s start by explaining what a national… Read More »The rise and fall of the national risk assessment
Acuminor is delighted to announce it has engaged in a new collaboration with another international financial institution to provide its financial crime threat intelligence database, Threat View.
North Korea. Iran. Myanmar. Because it’s easy – Just take the FATF grey list, the EU high-risk third countries and top up with Transparency International’s Corruption Perception Index and we’re home free. Right? Turns out, it’s not that simple. At all. And here is why: … Read More »We all know our high-risk countries, don’t we?
Imagine that you are in a vast forest. It’s getting darker and you have no idea how to find your way back home. Without a map you’ll probably end up even more lost. Best case, you’ll find your way home after a month, stone cold… Read More »The Map: How to create effective Business-wide financial crime risk assessments
It’s Midsummer! Here in Sweden, it’s an old (really old) national holiday, somewhat like the Christmas of the summer, with a bit of the same food but with no gifts. Some of you might be tired this weekend, and many of you might not celebrate… Read More »Weekly Round-Up June 24, 2021
Child sexual abuse networks taken down by law enforcement On Monday, Europol came out with a press release about a joint police operation. Law enforcement in Germany, The Netherlands, Sweden, Australia, the USA and Canada successfully brought down one of the largest child sexual abuse… Read More »Weekly Round-Up May 7, 2021
We are delighted to announce two further partnerships, Avyse Partners and zeb Nordics, following their completion of the Certified by Acuminor programme, where we train consultants in Acuminor’s methods and the latest trends in financial crime risks. Through the certification the consultant becomes authorised to… Read More »Avyse Partners and zeb Nordics completes “Certified by Acuminor” programme
The week has gone by fast. When doing a brief retrospect, we want to pass on a few pieces of information for your weekend reading. Our week started off with the OCCRPs article relating to the Italian police large, organised crime bust. The bust that occurred… Read More »Weekly Round-up May 3, 2021