Read my latest piece on matching technologies here at Money Laundering Bulletin. It’ll be in the February print issue, but it’s online now. Mind you, I’m not the most technical when it comes to this, but I wasn’t trying to write a treatise – just trying to lay out the […]
Published on 16 October 2019 In the financial services industry, the application of machine learning (ML) methods has the potential to improve outcomes for both businesses and consumers. In recent years, improved software and hardware as well as increasing volumes of data have accelerated the pace of ML development. The […]
OFSI to update consolidated list links In 3 weeks time, OFSI will launch a new consolidated list, the system it uses to publish the details of individuals and entities subject to financial sanctions. The consolidated list extracts will have updated links on the gov.uk website. It is important that any bookmarks to the old links for each […]
Important technical notice for users of OFAC’s Sanctions List Data Files 3/20/2019 In early February of 2019, multiple users of OFAC’s data files contacted OFAC’s technical support hotline to report difficulty in downloading sanctions list data files hosted at this URL: https://www.treasury.gov/ofac/downloads/. After investigating the issue, the Treasury Department discovered […]
It’s online now (PDF link below and on Publications page), and will be in the upcoming print edition. It’s about explainability for text matching software… Tell me how you like it. Link: “Orphan black box” article
FinCEN Reminds CTR Filers of Batch Filing Deadline FinCEN issued a notice today to remind financial institutions that Currency Transaction Reports (CTRs) will no longer be accepted in ACSII format effective June 1, 2018. Financial institutions that batch file must file using the new XML format. If a financial institution is […]
Important Technical Notice for Users of the OFAC Website 11/3/2017 The Treasury Department will be updating the HTTPS certificate it uses for the Treasury.gov domain on Friday, November 3, 2017, during an evening maintenance window. Users may have to reinstall the root certificate for the site if they experience connection problems. The full […]
Technical Announcement Regarding the Download of OFAC’s SDN and Consolidated List Files 11/23/2015 In response to a necessary security upgrade, users of OFAC's SDN and Consolidated List may need to update previously automated file download procedures. Please see the following technical announcement for more details. Links: OFAC Notice Technical […]
On April 6th, OFAC released the Consolidated Sanctions List (the 5 non-SDN lists – Palestinian Leadership Council List, Part 561 List, Iran Sanctions Act List, Foreign Sanctions Evaders List, Sectoral Sanctions Identification List) in the new advanced format that it previously had released the SDN List in. The new format, […]
From the UK's Export Control Organization (ECO): 1. The Checker Tools (OGEL Checker and Goods Checker) operated by the Export Control Organisation (ECO) have been redesigned and will now operate under the SPIRE online export licensing system, as well as being available directly via the internet. 2. The Checker Tools […]
