Episode Details

This week, Elliot Berman and John Byrne break down major global developments shaping financial crime compliance. From AUSTRAC’s latest report on terrorism financing risks in nonprofits to FINTRAC’s role in a major Canadian corruption investigation, the conversation highlights how financial intelligence units continue to prove their value. They also explore growing international coordination efforts—including AMLA’s push to standardize suspicious transaction reporting across the EU—and key insights from the Wolfsberg Forum on innovation, AI, and information sharing. On the U.S. front, the discussion turns to regulatory tensions in crypto and prediction markets, new enforcement actions impacting fintech-driven banks, and the ongoing debate around meaningful BSA/AML reform. Plus, a major Bitcoin ATM operator files for bankruptcy amid tightening regulations, and the episode closes with a thought-provoking look at AI governance—from enterprise strategy to global ethical considerations.