Flaminem - LCB-FT Due Diligences Solutions - Page 2

The 6th European Directive: AMLD 6

Understand the 5 major changes in the EU’s 6th Anti-Money Laundering Directive (AMLD 6): harmonization, expanded criminal offenses, legal liability, stricter penalties, and cross-border cooperation.

“FinCEN Files”: banks’ shortcomings in the fight against money laundering

Learn how the FinCEN Files investigation revealed major banks processed $2 trillion in suspicious transactions. Discover which banks were implicated and how they facilitated money laundering despite regulations.

FATF publishes report on money laundering and terrorist financing risks

Explore the FATF’s findings on COVID-19 related money laundering risks including fraud schemes, compliance challenges, and four key recommendations for governments and financial institutions.

Succeed in your KYC remediation project

Learn how to implement effective KYC remediation with our 4-step method covering stock analysis, communication campaigns, document collection, and performance monitoring to avoid regulatory penalties.

Anti-corruption: progress to be made for France

Learn about the Council of Europe’s GRECO report highlighting France’s anti-corruption shortcomings, including executive transparency, interest group relations, law enforcement oversight, and Sapin 2 whistleblower protections.

The risks arising from the coronavirus crisis for AML-CFT

Discover how COVID-19 created new money laundering risks through medical product fraud, supply chain infiltration, and fake fundraising campaigns. Learn Tracfin’s red flags for identifying suspicious activity.

How do cybercriminals launder stolen money?

Discover how cybercriminals launder stolen funds through money mules and shell companies. Learn about red flags for detecting suspicious activity and why cryptocurrencies play a smaller role than expected.

The role of the ACPR (Part I)

Understand the French ACPR’s key responsibilities in financial system preservation, including AML/CFT supervision, inspection powers, and its ability to impose sanctions up to €100 million for non-compliance.

The results of the AFA’s diagnosis of French companies in terms of anti-corruption

Discover key findings from the AFA’s national anti-corruption survey of 2,000 French companies. Learn about knowledge gaps, implementation challenges, and the concerning lack of enforcement actions.

The 5th European Anti-Money Laundering Directive

Discover the 6 main measures of the EU’s 5th Anti-Money Laundering Directive, including crypto regulation, PEP identification, beneficial owner transparency, and how it was transposed into French law.

The Sapin II Law

Discover the essential elements of France’s Sapin II anti-corruption law, including the AFA’s enforcement powers, whistleblower protections, compliance requirements for large companies, and new criminal offenses.

The role of the ACPR ( Part II )

Explore how the ACPR conducts AML-CFT supervision through on-site inspections, risk assessment methodology, and cooperation with Tracfin. Learn about their findings and regulatory guidance for financial institutions.

Flaminem, the Regtech at the service of compliance

Discover how Flaminem, award-winning RegTech company, helps financial institutions automate AML-CFT compliance and KYC due diligence processes with specialized solutions for legal entities.