By Martin Woods2020-08-04T15:28:00
In order to prevent debacles like the one Deutsche Bank is embroiled in, there is a need to combine the processes of “know your employee” and “know your customer,” writes Martin Woods.
2020-08-20T15:49:00Z By Martin Woods
Martin Woods explains how saying “I don’t know” helped him to learn and elicit the truth during his time as a financial crime compliance officer.
2020-08-18T14:36:00Z By Martin Woods
If you’re in search of proof that what you do matters, look no further than the AML efforts of HSBC in preventing $500 million from reaching the bank accounts of criminals, writes Martin Woods.
2020-08-07T15:39:00Z By Martin Woods
No one knows a customer better than the customer. As such, financial crime expert Martin Woods believes the onus should be on the customer to provide the required data to keep KYC logs up to date.
2025-10-10T20:28:00Z By Tom Fox
Compliance professionals have long known that systems fail when governance does. An MIT study’s finding that 95 percent of enterprise artificial intelligence (AI) pilots fail underscores how essential compliance-grade discipline is to the success of emerging technologies.
2025-10-09T15:24:00Z By Brett Erickson, CW guest columnist
Banks emphasize risk-based compliance in their AML programs, citing it to regulators and embedding it in policy, yet many institutions still handle risk very differently in practice.
2025-10-07T16:21:00Z By Charles Thomas, CW guest columnist
On a gray Tuesday morning, the audit seemed routine. A stack of binders sat on the table, the compliance officer was confident, and the regulator’s tone was cordial. Then came the question that changed everything.
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