Michael S

23 POSTS
Michael S is a compliance writer and editor at ComplyFocus specializing in AML, KYC, and financial-crime compliance. He has 22 years of experience writing about the compliance field CAMS and G-CAMO. Michael writes to help analysts, investigators, and career-changers understand how anti-money-laundering rules work in practice.

Exclusive articles:

Why Investment Banks Are Increasingly Demanding Globally Recognized End-to-End KYC Certifications

DueDiligence Michael S Michael S -
The Growing Importance of Certifications in KYC The compliance landscape has undergone a seismic shift, especially in financial hubs like the USA, UK, UAE, Qatar,...

New Waves in Compliance: Impacts of the AML/CTF Amendment Bill on New and Existing Entities

Featured Michael S Michael S -
How the 2024 AML/CTF Bill Will Revolutionize Australia's Fight Against Financial Crime On 11 September 2024, Australia’s legislative framework took a significant step towards modernizing...

Wells Fargo to Enhance Sanctions Program Following OCC Agreement

AML News Michael S Michael S -
Wells Fargo, one of the largest banks in the United States, has reached an agreement with the Office of the Comptroller of the Currency...

India’s Progress in Combating Money Laundering: FATF’s 2024 Evaluation

Featured Michael S Michael S -
Overview of Money Laundering and Terrorist Financing in India Money laundering and terrorist financing have emerged as critical issues in India, threatening the integrity of...

Masrani’s Exit from TD Bank: A Leadership Marked by Missed Deals and Regulatory Hurdles

Featured Michael S Michael S -
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Breaking

RBI Penalises Pune Cooperative Bank for KYC Upload Failures

Enforcement News 0
RBI fined Dharmavir Sambhaji Urban Cooperative Bank ₹10,000 for late CKYCR uploads — one of dozens of cooperative-bank KYC actions in 2026.

DNB Fines ABN AMRO €8.5M Over AML Due Diligence Failures

AML News 0
De Nederlandsche Bank has fined ABN AMRO €8.5m over structural due diligence failures on high-risk customers between 2023 and 2024.

PEP Screening Explained

DueDiligence 0
What a politically exposed person is, why PEPs are higher risk, how screening works, and how to manage a PEP relationship under AML rules.

Enhanced Due Diligence (EDD) vs Customer Due Diligence (CDD).

DueDiligence 0
What customer due diligence and enhanced due diligence mean, how they differ, and when higher-risk customers require the enhanced approach.
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