#RiskBasedApproach
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christinaayiotis.bsky.social
Spring 2025 @privsecacademy.bsky.social #AI Workshop #Deploying #AI #Systems @futureofprivacy.bsky.social
Counsel Amber Nicole Ezzell/Daniel Berrick; Luminos.AI CCO Anne B. Bradley; @zwillgen.com Director Brenda Leong; @hoganlovells.bsky.social Partner Bret Cohen #privsecforum #RiskBasedApproach
May 7, 2025 at 7:00 PM
marcocasassamont.bsky.social
This is a very important shift towards a risk-based approach to vulnerability management. Many organizations will need to change their VM processes and mentality as well as time to fully embrace this approach
www.theregister.com/security/202... #CISA #VulnerabilityBulletin #RiskBasedApproach
CISA decides weekly vulnerability bulletin isn't necessary anymore
Agency's shift from static CVSS scores to risk-based prioritization sends the old format packing September 28
www.theregister.com
September 17, 2026 at 2:30 PM
opusdatum.bsky.social
Does a sanctions hit trigger an assessment in your firm, or a decision? An OFAC hit used to end the conversation. The EU's top court has just ruled that, in the EU, it only starts one.
#Sanctions #OFAC #AML #SanctionsScreening #FinancialCrime #CJEU #RiskBasedApproach #EULaw
A Hit Is Not a Verdict: What the EU's OFAC Ruling Means for Sanctions Screening
When a sanctions screening platform is configured to test every name against well over a thousand watchlists, it is rarely described as a failure of compliance. It is described as thoroughness. The in...
wix.to
June 22, 2026 at 5:32 AM
opusdatum.bsky.social
Why does compliance tolerate human fallibility as inevitable but treat machine fallibility as unacceptable?
#AML #FinancialCrime #Compliance #AgenticAI #Sanctions #OFSI #RiskBasedApproach #AI #FinancialServices #RegTech #OpusDatum
The Impossible Standard: Perfection, Agentic AI & Financial Crime Compliance
In January 2026, the Office of Financial Sanctions Implementation (OFSI) published a penalty notice imposing a £160,000 monetary penalty on Bank of Scotland plc for breaches of the Russia (Sanctions) ...
wix.to
May 18, 2026 at 6:56 AM
opusdatum.bsky.social
A regulation designed to improve data quality has degraded the efficiency of the system it was meant to strengthen. The RFI surge following Regulation (EU) 2023/1113 is not a sign of better compliance.
#AML #WTR #FATF #Compliance #FinancialCrime #EBA #Regulation#RiskBasedApproach #WTRKnowledgeHub
The PO Box Paradox: When Better Data Creates Worse Outcomes for Banks
When the European Union adopted Regulation (EU) 2023/1113 on 31 May 2023, it recast the Transfer of Funds framework with an unambiguous objective. The regulation sought to close long-identified tracea...
wix.to
March 21, 2026 at 9:47 AM
opusdatum.bsky.social
The FATF says the risk-based approach is ‘not a zero failure approach’. Without a dedicated risk assessment, risk acceptance is not a governance decision.
#WTR #WireTransferRegulation #FATF #TravelRule #AML #FinancialCrime #Compliance #RiskBasedApproach #PSP #FinancialServices #WTRKnowledgeHub
The Permission Gap: Risk Acceptance in a Zero Tolerance World
When the Financial Action Task Force (FATF) published its Guidance for a Risk-Based Approach for Money or Value Transfer Services, it included a statement of unusual candour. That statement should hav...
wix.to
March 6, 2026 at 2:02 PM
opusdatum.bsky.social
PEP screening is moving beyond static lists towards smarter, network-based risk analysis.
#FinancialCrime #AML #PEPs #Compliance #Screening #RiskBasedApproach #RiskManagement #AI #RegTech
From Static Lists to Smart Networks: The Future of PEP Screening Risk
A Politically Exposed Person (PEP) is an individual entrusted with a prominent public function who may present a heightened risk of involvement in bribery, corruption, or other financial crime. In the...
wix.to
December 12, 2025 at 2:08 PM
opusdatum.bsky.social
Traditional compliance models rely on static risk tiers and manual reviews. But AI is changing the game by offering dynamic, real-time risk detection. Should banks stick with the old model or evolve?
#AML #FinancialCrime #Compliance #AI #Innovation #RiskManagement #RiskBasedApproach
Is AI Replacing Traditional Risk-Based Financial Crime Approaches?
For decades, banks have relied on the risk-based approach (RBA) to combat financial crime, as mandated by global regulators like the  Financial Action Task Force  (FATF), the Financial Conduct Authori...
wix.to
May 9, 2025 at 9:00 AM
hderengerve.bsky.social
(6/7) One small relief: the final EP position managed to reintegrate a #RiskBasedApproach (#RBA)in the definition of what #DueDiligence is meant to be to ensure an appropriate identification of risks & occurrences of #HumanRightsAbuses & #EnvironmentHarms
November 13, 2025 at 3:16 PM