Kieran Beer | Source | Chief Analyst and Director of Editorial Content at ACAMS
Kieran Beer
Kieran Beer the Chief Analyst and Director of Editorial Content at ACAMS, the Association of Certified Anti-Money Laundering Specialists, a global 80,000+ member organization dedicated to fighting financial crime. Kieran is also responsible for ACAMS moneylaundering.com and ACAMS Today. Prior to joining ACAMS in 2006, he was executive editor of Bloomberg Wealth Manager, an award winning investment and financial planning magazine, and he also served as a staff writer for Bloomberg Markets Magazine.
Kieran has been a financial journalist for more than 25 years, beginning his career at Institutional Investor. He subsequently served as editor-in-chief of The Bond Buyer, founding editor of Thomson Municipal Market Monitor, and editor at the American Banker.
Kieran speaks regularly at industry conferences, has appeared on CNBC and Sky News, and has been heard on WBBR and NPR. He writes two columns on anti-financial crime issues and is the host of “Financial Crime Matters,” an award winning podcast series, as well ACAMS videocasts on YouTube.
-
The biggest enforcement action in the US was undoubtedly against Goldman Sachs – that involved a $3 billion penalty. It was related to the 1MDB case. Apart from that, it was a quiet year for enforcement at the federal level although there were some actions against individuals. FinCEN, notably, fined former US bank compliance officer Michael LaFontaine $450,000 in March. The big regulator this year (and last year) with regard to monetary penalties was not a federal regulator; it was the New York Department of Financial Services, which brought enforcement actions against Deutsche Bank and the Industrial Bank of Korea.
-
article
Compliance Week - SEC fines broker-dealer $1.5M for SARs filing failuresGWFS Equities will pay $1.5 million as part of a settlement with the SEC for lapses in the filing of suspicious activity reports related to the threat of cyber-breaches. -
articleThe Wall Street Journal - Financial Institutions Want More Clarity on Anti-Money-Laundering ChangesCompliance professionals hope government will provide more input on its expectations following the enactment of an anti-money-laundering reform law, a recent poll found.
-
article
Compliance Week - Regulators want answers from financial services on AI/ML toolsThe financial services industry is at the cutting edge of the utilization of artificial intelligence and machine learning tools. Regulators have recently requested to understand how these technologies are being used-or misused.
-
ACAMS
Chief Analyst and Director of Editorial Content
started Apr 2016