November 2009. One of the most sophisticated forms of money laundering is trade-based money laundering. Financing trade transactions involving products with abnormal prices represents a direct reputational, financial, or compliance risk to banks.

August 2009. Compliance officers employed by gaming companies engaged in casino operations face an ongoing problem similar to those faced by their brethren in the banking industry: how to minimize the special risks of high net-worth and high profile clientele, and still keep their goodwill and their lucrative business. In this article Kenneth Rijock surveys two types of high profile potential clients who demonstrate high levels of possible risk, the specific threats that they literally bring to the table, and the methods employed by compliance to control risk, but resulting in the minimum amount of interference and inconvenience for the active gaming client.

June 2009: The Internet has become a key component of the distribution network in counterfeit goods, estimated by the International Chamber of Commerce to be worth $600 billion. The low cost of operating online, virtually uninhibited access to a global customer base and low risks attributed to the high levels of anonymity result in ideal conditions for the sale of counterfeit goods over the Internet. The author explains how Intellectual Property rights crimes have become major predicated components of money laundering activity and, as such, financial institutions, credit card issuers and e-money providers are under a legal obligation to ensure that their financial instruments are not used to facilitate such illicit activities. The author analyses mediated and independent distribution channels and the enforcement models governing them and suggests that Intellectual Rights holders use AML instruments to target the profits generated through counterfeiting, thus reducing the economic incentives of IP right crimes.