Risk & Information Analytics

According to a recent FBI report, lawmakers believe that 50% of the estimated billions of dollars that are laundered worldwide each year will pass through American banks.

Benefits  |  Features  |  Literature  |  White Paper

Emerging Anti-Money Laundering Risks to Financial Institutions(PDF, 420K) Every financial institution is charged with the responsibility of developing policies and procedures to combat money laundering, which includes the duty to be aware of trends and adaptations in the methods by which money laundering is carried out. The most difficult aspect of this responsibility is a financial organization’s ability to anticipate new criminal behavior and to proactively implement protocols before the criminal behavior occurs. It’s like trying to guess what previously unknown disease will be the greatest threat to life next week or next year. In truth, much as the emergence of a new disease frequently determines the direction of medical science, it is often the money launderer who determines the course the industry takes to restrict criminal money laundering activity.

With this in mind, this white paper will briefly describe the principal organizations involved in determining money laundering policy and procedures and will focus on emerging money laundering risks facing the financial services industry. LexisNexis® Risk & Information Analytics Group has been a leader in AML and the development of automated solutions to combat this growing challenge.

Download now (free registration required)

Get it now: for more information about LexisNexis®Anti-Money Laundering Solutions, please call (800) 869-0751.

Anti-Money Laundering Solution, InstantID, and Mortgage Fraud Report are not consumer reporting agencies as such term is defined in the federal Fair Credit Reporting Act, 15 U.S.C. §1681, et seq. ("FCRA"). Anti-Money Laundering Solution, InstantID, and Mortgage Fraud Report reports do not constitute consumer reports as such term is defined in the FCRA, and accordingly Anti-Money Laundering Solution, InstantID, and Mortgage Fraud Report reports may not be used to determine eligibility for credit or for any other purpose provided for in the FCRA.

Benefits  |  Features  |  Literature  |  White Paper