PPP : Good Deeds Need Good Risk Management 2

In these distressing times, the Paycheck Protection Program (PPP) is a perfect example of whatcanhappen when the private and public sectors step up together. The economy is staggering from a global pandemic, the government has to allocate...

PPP is Not a Free Lunch for Banks 2

During the post-prohibition era in the 1930s, bars offered free lunches to their patrons to get them to buy drinks. 40 years later, Milton Friedman famously summed up the study of economics with the quip – “There is no such thing as a free lunch” or...

What is Agile Compliance? 2

Treasury's Strategy 2020 - A Risk-based Approach to AML 2

Last week, the US Department of Treasury published its 2020 Strategy document that "employs a whole-of-government approach to guide the public and private sectors in addressing 21st century illicit finance challenges."  The report highlights the ...

Agile Compliance and Machine Learning 2