Ireland’s Central Bank Hits Western Union with €1.75m in Fines
Image: The Central Bank of Ireland levied €1.75m in fines on Western Union in Ireland after the firm failed to implement “robust” anti-money laundering and counter-terrorist financing controls. “The Central Bank action must be viewed in light of the inherent risks in the sector in which this firm operates … ...
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PremiumEmerging Compliance Risks 2025: Laurie Waddy on Leadership, Anticorruption, and AI
Former Head of Compliance/Chief Compliance Officer Laurie Waddy believes compliance professionals are well-positioned to support artificial intelligence (AI) adoption in their organizations. Drawing on 25 years’ experience in legal and compliance roles across multiple industries, Waddy shares insights into top compliance trends confronting the profession, including the emerging compliance risks ...