fbpx

Right now only, you can buy the course for a 10% discount.

Take a quiz
  1. Home • Blog • AML Frontline Chronicles: Igoris Krzeckovskis (Interview #3)

AML Frontline Chronicles: Igoris Krzeckovskis (Interview #3)

Igoris Krzeckovskis, a UN expert and honorary lecturer at the University of Portsmouth, returned to our office to discuss pivotal changes in anti-financial crime regulation. With over 30 years of experience, he shared his insights on the upcoming shifts in AML compliance, specifically the EU’s Regulation (EU) 2024/1624 and the establishment of the AMLA authority, which will significantly impact the sector.

Our CEO, Andrei Sribny, CASS, and Igoris explored the implications of these documents: Regulation (EU) 2024/1624 aims to strengthen financial transaction controls linked to money laundering, while Regulation (EU) 2024/1620 marks the creation of AMLA, a body set to coordinate anti-financial crime efforts across Europe. These regulations herald a major transformation in compliance practices, urging professionals to adapt swiftly.

In this interview, Igoris offers practical advice and valuable perspectives for compliance specialists facing these regulatory changes. To dive deeper into these updates, watch our interview with the expert on YouTube!

You may also like

icon slider nav
icon slider nav
  • admin
  • 10 min for reading
Great opportunities and risks of cryptocurrencies 

Cryptocurrencies are characterized by high returns and freedom from financial institutions. However, there are also risks. In this article, we will analyze the main advantages and threats, as well as ways to minimize risks when investing in cryptocurrencies.

  • admin
  • 13 min for reading
Understanding Beneficial Ownership: A Constant Challenge

Concept of beneficial ownership, highlighting its importance in financial crime prevention, examples of beneficial owners, key challenges in identifying them, and strategies for overcoming these obstacles.

  • admin
  • 1 min for reading
AML Frontline Chronicles: Michael Peters (Interview #4)

CEO Andrei Sribny met with Michael Peters, a financial crime expert with 35+ years of experience, to discuss key AML challenges and opportunities.

  • admin
  • 9 min for reading
Impact of Artificial Intelligence on Financial Crime – What is Possible?

Financial companies cannot cope with the volume of illegal transactions on their own, so they have begun to implement AI and ML to modernize their fraud detection systems to protect the interests of customers. How do AI and ML work in financial institutions? What are the advantages and disadvantages?

  • admin
  • 1 min for reading
AML Frontline Chronicles: Igoris Krzeckovskis (Interview #3)

Discover expert insights from UN advisor Igoris Krzeckovskis on upcoming EU regulations transforming AML compliance. Learn how new controls on financial transactions and the launch of AMLA reshape the anti-money laundering landscape in our interview

TOP - 5 AI Solutions For AML
  • admin
  • 10 min for reading
TOP – 5 AI Solutions For AML

Today, many AML AI solutions have been developed with ML NLP implementation aimed at helping AML officers in their fight against the escalating illicit financial flows in the world. What technologies and programs are used to detect fraud?

  • admin
  • 11 min for reading
How Big Data Analysis Transforms AML?

With 147 ZB of data generated by 2024, big data analytics is revolutionizing the financial sector. Learn how complex algorithms and anti-money laundering tools enhance transaction analysis, fraud detection, and regulatory compliance.

  • admin
  • 8 min for reading
Understanding European Crypto-Assets Regulation (MiCA)

What is MiCA? The EU’s MiCA regulation, enacted in June 2023, unifies crypto-asset rules across member states, ensuring investor protection, transparency, and fostering innovation. Learn how this impacts crypto users and market operators.

  • admin
  • 1 min for reading
AML Frontline Chronicles: Viktor Tkatsenko (Interview #2)

Watch an exclusive interview with Victor Tkachenko, Head of AML and Security at Citadele Bank. Discover insights on AML, sanctions, and real-life cases from his extensive career.

AML Specialist: What Do They Do
  • admin
  • 5 min for reading
Who is an AML Specialist: What Do They Do?

Specialists in anti-money laundering (AML) play a crucial role in the financial sector by identifying and preventing money laundering, fraud and terrorist financing. What is an AML specialist: roles, tasks as well as their salaries on average.

Salary Growth in AML
  • admin
  • 6 min for reading
How Have Salaries Increased for AML Specialists?

The demand for AML specialists has surged recently due to stricter regulations and a rise in financial crimes. Financial institutions need more experts to help them comply with these laws and prevent illegal activities. AML specialists’ salaries have increased, with companies willing to pay a premium.

SOC 2
  • admin
  • 8 min for reading
SOC 2 for AML Compliance

Systems and Organization Controls 2 (SOC 2) compliance represents a commitment to those protocols — a seal of trust that businesses can proudly bear.

Embezzlement & Money Laundering
  • admin
  • 5 min for reading
Embezzlement & Money Laundering: Explore Key Differences

The most widespread of crimes in the financial sector are embezzlement and money laundering. What is embezzlement and money laundering? What is the difference and how to detect it?

AML Investigations and Case Management
  • admin
  • 10 min for reading
AML Investigations and Case Management: How to Effectively Spot and Report Money Laundering

An AML investigation means analyzing suspicious activities to check if a financial institution is being used for money laundering. Not all the weird activities are money laundering, but it is better to be safe.

AML Frontline Chronicles: Igoris Krzeckovskis
  • admin
  • 1 min for reading
AML Frontline Chronicles: Igoris Krzeckovskis (Interview #1)

Igoris Krzeckovskis, an expert in countering money laundering and financing of terrorism, worked for the Ministry of Interior of the Republic of Lithuania for over twenty years.

  • admin
  • 4 min for reading
AML Certification Centre Successfully Obtains CPD Standards Office Accreditation

AML Certification Centre has received course accreditation from the CPD Standards Office. Our company has established itself by tailoring its approach to each client looking for courses that meet their specific needs in the financial sector.

Cryptocurrency Transaction Monitoring
  • admin
  • 6 min for reading
Cryptocurrency Transaction Monitoring: how it works

Cryptocurrency monitoring appeared as a reaction to growing high-risk financial deals. In the absence of international concurrence, companies should use cryptocurrency tracking software to detect unusual activity. Our company has drawn up a guide for beginners in this topic.

AML stages: placement, layering, and integration-explained
  • admin
  • 8 min for reading
AML stages: placement, layering, and integration-explained

How individuals and businesses can protect their money and don’t send payments for illicit purposes? Entrepreneurs should know about 3 stages of AML. Understanding the whole pattern will help to prevent sorrowful experiences.

All You Need to Know About Banking Compliance
  • admin
  • 11 min for reading
All You Need to Know About Banking Compliance

Staying in line with rules is a big deal for banks today. If they slip up, it can cost them a fortune. It shows that even the top dogs aren’t safe. Messing up with compliance for banking can mean huge losses, especially because rules in the world have gotten strict.

Risk Management in Financial Institutions
  • admin
  • 9 min for reading
Risk Management in Financial Institutions: a guide

What’s bank risks management all about? What does it involve, and what dangers does it deal with? Also, how can banks make their strategies work better?

Account Takeover (ATO) Fraud
  • admin
  • 11 min for reading
Account Takeover (ATO) Fraud

Account takeover fraud (ATO) that is where hackers break into your online accounts without permission and use them for their own gain, often causing serious financial harm. What ATO really means, how it happens, and what steps you can take to keep yourself safe from falling into this trap.

FATF Black and Grey Lists
  • admin
  • 6 min for reading
FATF Black and Grey Lists

To combat the growing financial crime and terrorist threat, the Financial Action Task Force (FATF) is actively building and implementing controls. Among them are instruments of particular importance – black and grey lists of states.

The complete guide to monitoring transactions
  • admin
  • 10 min for reading
The complete guide to monitoring transactions

Because the number of financial crimes in the world is enormous, every financial company must provide monitoring of transaction aimed at combating money laundering. It will minimize the risks associated with illegal financial transfers and terrorist financing.

Register for the course AML now

Learn More
Sign Up