Podcast Episodes

BitMEX's $100 Million AML Fine

A US court fined cryptocurrency exchange BitMEX $100 million for violating the Bank Secrecy Act between 2015 and 2020 due to insufficient anti-money laundering (AML) and know-your-customer (KYC) meas…

Published on 11 months, 2 weeks ago

Europol's Global Asset Seizure Operation.

Europol’s Groundbreaking Operation to Seize Criminal Assets: Project A.S.S.E.T. 🔍

In a major step forward in the fight against organized crime, Europol has launched Project A.S.S.E.T. (Asset Search & …

Published on 11 months, 2 weeks ago

Brutal AML Truth: We’re WAYYY Too Slow to Adapt! Learning from Startups

This podcast episode, "Brutal AML Truth: We’re WAYYY Too Slow to Adapt," argues that Anti-Money Laundering (AML) programs are too slow to counter evolving criminal tactics. It advocates for AML teams…

Published on 11 months, 2 weeks ago

Volkswagen Data Breach Exposes 800K EV Owners' Data

A data breach exposed the personal information of approximately 800,000 Volkswagen electric vehicle owners. The breach, initially reported by a German publication and confirmed by the ethical hacking…

Published on 11 months, 2 weeks ago

Block, Inc. $80 Million AML Settlement

The episode discusses the settlement agreement between Block Inc. (Cash App) and 48 US states concerning Anti-Money Laundering (AML) failures. Block will pay an $80 million penalty and implement impr…

Published on 11 months, 3 weeks ago

Financial Crime Audit Fieldwork & Testing Techniques

This podcast episode outlines the crucial fieldwork and testing phases of a financial crime audit. It details key steps, including data collection (transaction records, customer information, and inte…

Published on 11 months, 3 weeks ago

Scoping Financial Crime Audits

This podcast episode explains how to prepare a scoping document for a financial crime audit. It outlines the document's key components, including the audit's objectives, scope, timeline, resources, m…

Published on 11 months, 3 weeks ago

SFO Secures First Unexplained Wealth Order

The Serious Fraud Office (SFO) in the UK successfully obtained its first Unexplained Wealth Order (UWO) to seize a £1.5 million property believed purchased with funds from a £100 million fraud. This …

Published on 11 months, 3 weeks ago

DORA Compliance for Financial Entities in Luxembourg

The Digital Operational Resilience Act (DORA) came into effect on 17 January 2025, significantly altering ICT risk management and reporting for EU financial institutions. Key changes include a unifie…

Published on 11 months, 3 weeks ago

IT Audits Simplified: ITGC vs. ITAC

This podcast episode clarifies the often-confused concepts of IT General Controls (ITGC) and IT Application Controls (ITAC) in IT auditing. ITGC provides the overall security and operational framewor…

Published on 11 months, 3 weeks ago