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Author: Jim Richards

July 18, 2018May 26, 2019

Marijuana Looping & Cash Structuring – the Sweet Leaf decision reveals a glaring weakness in states’ controls over their retail marijuana regimes

Cannabis/Marijuana by Jim Richards0 comments

County of Denver v Sweet Leaf Final Decision 7-5-18 On July 5th the City/County of Denver revoked all 26 marijuana […]

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July 13, 2018May 26, 2019

Russian Military Officers Indicted – DC District Court, case 18CR00215

Crypto & Blockchain by Jim Richards0 comments

Count 1 of the indictment of the 12 Russian GRU officers (conspiracy to commit an offense against the United States) […]

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July 4, 2018May 26, 2019

Real News: 600+ indicted … $2 billion in fraud … where is the national media attention?

Money Laundering & Terrorist Financing - General by Jim Richards0 comments

A review of both Bing and Google News suggests that none of the major national news services ran a story […]

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June 21, 2018May 26, 2019

FinCEN’s Marijuana SAR Update …

Cannabis/Marijuana by Jim Richards0 comments

FinCEN doesn’t seem keen on publicizing these updates … and the media doesn’t seem keen to pick them up. But […]

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June 20, 2018May 26, 2019

Finally! A blockchain explanation that makes sense!

Crypto & Blockchain by Jim Richards0 comments

https://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/blockchain-beyond-the-hype-what-is-the-strategic-business-value?cid=other-eml-alt-mip-mck-oth-1806&hlkid=d2c58d1171ab41a8a16e22859260e7cf&hctky=10239825&hdpid=6a0817ff-c71d-4a97-be68-b9b733f3d39f  accessed June 20, 2018 “Blockchain is a distributed ledger, or database, shared across a public or private computing network. […]

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June 19, 2018April 20, 2020

Subject Matter Experts vs. Subject Matter Enthusiasts

General Business, Risk, and Life by Jim Richards0 comments

Like most industries, the financial crimes risk management industry is rank with jargon, axioms, and hackneyed phrases we all toss […]

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May 31, 2018September 24, 2018

Jim Richards joins Deloitte as a Senior Advisor

RegTech by Jim Richards0 comments

Jim Richards joins Deloitte as a Senior Advisor As Michael Shepard of Deloitte posted to his LinkedIn page: “I’m so […]

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May 23, 2018

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Beauty by Jim Richards0 comments

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Duis efficitur dui eu fermentum bibendum. Proin maximus dictum tortor. Curabitur et […]

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May 18, 2018May 26, 2019

US v Rabobank NA, SD CA 18CR00614 – Does it pose questions every BSA Officer needs to ask?

Money Laundering & Terrorist Financing - General by Jim Richards0 comments

On February 7, 2018, Rabobank NA pleaded guilty to a charge of conspiracy to defraud the United States and corruptly […]

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May 16, 2018May 26, 2019

FinCEN Director Ken Blanco testifies on the new CDD/Beneficial Ownership Rule

Beneficial Ownership & Customer Due Diligence by Jim Richards0 comments

House Financial Services Committee – FinCEN Director Blanco Written Testimony 5-16-18 What is interesting is what Director Blanco did not […]

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  • Richards Comments on Proposed Beneficial Ownership Access Rule – December 2022
  • BSA, Bittner, and FBARs – Forty Questions from The Supremes
  • Beneficial Ownership Database – Now That We Know What Goes In, Let’s Turn to What Will Come Out
  • Beneficial Ownership Information Reporting – Will it Reduce Financial Crimes?
  • BSA/AML Policies and Procedures – What Can We Learn From Mary Berra and the Founding Fathers?

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