The AML Analyst

LinkedIn

  • The FCA’s Principles-Based AI Approach Is Right, But Accountability and Data Privacy Need Specific Rules.

    May 2nd, 2026 On September 8th, 2025, the FCA published its approach on the use of AI in financial markets. The FCA believes it is best not to introduce extra regulation surrounding AI, and instead focus on existing regulatory frameworks, as they already mitigate the risks posed by AI, and offer firms the flexibility to adapt without sticking to detailed…

  • FinCEN’s Proposed AML Reform Is Right, But It Has a Structural Problem

    April 25th, 2026 On April 7th, 2026, FinCEN issued a Notice of Proposed Rulemaking (NPRM) to modernise Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) programs under the Bank Secrecy Act (BSA). The key changes from the NPRM focus on reducing regulatory burden, adjusting FinCEN’s supervisory role, and prioritising the effectiveness of financial institutions’ AML/CFT systems over technical compliance.  While the…