Fortifying Compliance Strategies to Fight Human Trafficking

Presented by

Moderator: John J. Byrne | Speakers: Erin Clemens, Phil DeLuca, and Joseph Mari

About this talk

The International Labour Organization estimates there are 21 million people being held in various forms of slavery around the world, generating $150 billion every year in criminal profits. Migrant smuggling, sex trafficking and forced labor are scourges affecting all regions of the world, and with their illicit earnings being laundered through the global financial system it is incumbent on compliance programs to be vigilant in spotting and blocking criminal proceeds. This engaging panel examines this pervasive global issue to identify common typologies that indicate potential trafficking, detail best practices for investigating red flags, and develop strategies for partnering with law enforcement to bring perpetrators to justice. Learning Objectives: •Establishing institutional risk models that incorporate organized crime typologies •Examining funnel accounts and other common criminal behaviors to sharpen detection of human trafficking operations •Partnering with law enforcement to leverage investigative resources and facilitate comprehensive investigations

Related topics:

More from this channel

Upcoming talks (0)
On-demand talks (69)
Subscribers (77626)
ACAMS web seminars provide a convenient method to meet training requirements and stay on top of AML trends, sanctions updates and regulatory changes, plus ask questions of industry experts.