Mark Watson and Thomas Campanile of EY sits down with Martin Boer of the IIF to discuss the main findings and strategic implications of the 10th Annual IIF/EY Global Bank Risk Management Survey.

On November 27, the IIF submitted a response to the Financial Action Task Force's draft guidance on digital identity. 

Each year Tim Adams, President and CEO of the IIF, takes an opportunity at the Annual Meetings to share a few thoughts on what the IIF has been working on throughout the year and what to expect from the IIF next year.

Despite tens of billions of dollars being invested in anti-money laundering (AML) and countering the financing of terrorism (CFT) efforts worldwide, stemming the tide of economic crime remains incredibly challenging; the amount of money laundered globally each year is estimated to be 2% to 5% of global GDP, or between 715 billion and 1.87 trillion Euros. In this white paper, the IIF and Deloitte argue that greater emphasis must be placed on improving the legal and regulatory framework and risk management toolkit to enhance effectiveness.

The Institute for International Finance joined a broad coalition of trade associations in submitting this letter to Congress in support of the Illicit Cash Act.

This paper articulates how policymakers and supervisors can assist in ensuring safe machine learning innovation, harnessing the benefits of these new technologies while minimizing and mitigating risks.

As the first in a new 3-part series on Digital Identity, this paper explores the key considerations for international standard setters and local regulators on how to embed Digital Identity and promote widespread uptake. 

Jo Ann and the IIF’s Adrien Delle-Case give us their readout of the 2019 Global AML and Financial Crime Tech Sprint.