Menu
Banking Exchange Magazine Logo
Menu

“Days Of Future Passed”*

The AML List 2018

With a nod to pop music, veteran John Byrne’s blog scans the anti-laundering and anti-terrorism world. John pierces silliness and inconsistency, and strongly believes in private-public partnership. With a nod to pop music, veteran John Byrne’s blog scans the anti-laundering and anti-terrorism world. John pierces silliness and inconsistency, and strongly believes in private-public partnership.

To say that 2017 was a strange year would be a severe understatement.

Terrorist activity; increased sanctions (but comments from some in high places that they might not be effective); regulatory uncertainty; and continued “de-risking” are just a few issues challenging the AML community.

Whether the subject is media coverage of money laundering, perceived tax evasion, or the many uses of technology in our field, you need to stay current on so many levels to be effective members of this infrastructure.

For me, I remain so very proud of being with this community throughout my career and excited to be teaching the next generation of AML professionals.

So, to give you some items to mull over during the holidays (but please no wagering) as you prepare to continue serving society in whatever your role is in AML/financial crime prevention, here is my attempt at what is “in” and “out” for 2018.

 Byrneon6002018

*The title of the second album by The Moody Blues from 1967. The album charted twice, being re-released in 1972. The band will be inducted into the 2018 class of the Rock and Roll Hall of Fame.

Want more banking news and analysis?

Get banking news, insights and solutions delivered to your inbox each week.

John Byrne

John Byrne is President of Condor Consulting LLC and Senior Advisor to the Advisory Board  of the Association of Certified Anti-Money Laundering Specialists. ACAMS, with more than 55,000 members, develops anti-money laundering/sanctions/financial crime detection programs and certifies specialists in financial and non-financial businesses and government agencies. Byrne is a nationally known regulatory and legislative attorney with close to 30 years of experience in a vast array of financial services issues, with particular expertise in all aspects of regulatory oversight, policy and management, anti-money laundering (AML), privacy, and consumer compliance. He has written hundreds of articles on AML; represented the banking industry in this area before Congress, state legislatures, and international bodies such as the Financial Action Task Force (FATF); and appeared on CNN, Good Morning America, the Today Show, and many other media outlets. Byrne has received a number of awards, including the Director's Medal for Exceptional Service from the Treasury Department's Financial Crimes Enforcement Network (FinCEN) and the ABA's Distinguished Service Award for his career work in the compliance field. His podcast, “AML Now” (on ITunes) received a 2017 Communicator Award for hosting from the Academy of Interactive and Visual Arts. Byrne’s blog on AML and Fraud on BankingExchange.com received a Gold Hermes Award in 2016. John received the ACAMS Lifetime Service Award in September. Byrne can be e-mailed at john.byrne90@yahoo.com and don't miss John's updates on Twitter! You can find him at @jbacams2011

back to top

Sections

About Us

Connect With Us

Resources