by Tommy Hartono | Aug 15, 2025 | Terms
#QuickbiteCompliance day 294 🔥 Willful Blindness: The Legal Landmine in AML Compliance – And How Criminals Exploit It As anti-financial crime professionals, we often discuss intent —but what about the deliberate avoidance of knowledge ? Willful blindness isn’t...
by Tommy Hartono | Aug 8, 2025 | Terms
#QuickbiteCompliance day 293 🚨 The Double-Edged Sword of Whitelisting in AML: Protection or Vulnerability? Whitelists are essential for efficient sanctions screening—they reduce false positives by exempting verified low-risk entities from repeated...
by Tommy Hartono | Aug 7, 2025 | Terms
#QuickbiteCompliance day 292 🚨 False Positives Driving You Nuts? Meet the Weak Alias Challenge! As financial crime fighters, we know aliases are essential for identifying bad actors—but not all aliases are created equal. OFAC defines “weak aliases”...
by Tommy Hartono | Aug 6, 2025 | Terms
#QuickbiteCompliance day 291 🚨 Virtual Currencies: The Digital Double-Edged Sword in Financial Crime 🚨 Virtual currencies (VCs) have revolutionized finance—offering speed, borderless access, and innovation. Yet, their anonymity and decentralization also make them a...
by Tommy Hartono | Aug 5, 2025 | Terms
#QuickBiteCompliance Day 290Unpacking the Vienna Convention’s Role in Fighting Drug-Fueled Financial Crime The 1988 Vienna Convention isn’t just a treaty—it’s the bedrock of global efforts to combat narcotics trafficking and its financial lifeline:...
