The birth of AML/CFT

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Manage episode 230143339 series 60599
By Around The Coin - The Premier Fintech Podcast and Faisal Khan Brian Roemmele Mike Townsend. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
This week Faisal Khan sits down with Dr. Mara Wesseling (our newest co-host) and we discuss the world of compliance. This show offers a first introduction to AML/CFT compliance (Anti-Money Laundering and Combating the Financing of Terrorism). It touches upon what compliance stands for and who needs to do it. How big and relevant is today's compliance industry? What to make of the unhappy marriage of placing AML and CFT under one legal umbrella? The show also looks into the history of the AML/CFT legal framework and what makes it important now. By reflecting upon the past 30 years of AML regulation and almost 20 years of the War on Terrorism Financing, the effectiveness question remains on the table and the call for a new approach - AML/CFT 2.0 - becomes louder. Sponsors: Otter Labs www.hireotter.com - Hire great and inexpensive developer with staff augmentation through Otter. Redeeem https://redeeem.click/qdza - Redeeem is a decentralized peer-to-peer exchange that lets you save 15% or more on gift cards using Bitcoin and other cryptocurrencies.

225 episodes