From Secret Service Agent to Global Financial Crime Fighter: David Caruso’s 30-Year Journey

Описание: In this episode of Regulatory Ramblings, host Ajay Shamdasani sits down with David Caruso, founder and managing director of the Dominion Advisory Group. With nearly three decades of experience in anti-money laundering (AML) and financial crime compliance, David reflects on his career, including pivotal roles at major institutions like JP Morgan and Riggs Bank. He shares insights on notable investigations into corruption schemes involving global figures, revealing how these cases ignited significant regulatory changes in the banking sector.

David discusses the evolution of AML practices, the impact of major legislative acts like the Bank Secrecy Act and the USA PATRIOT Act, and the challenges compliance professionals face today. He highlights the disconnect between policy and practice among international regulatory bodies and critiques the geopolitical motivations behind financial crime enforcement. The conversation also explores the effectiveness of sanctions against Russia and how emerging technologies can enhance compliance efforts.

Tune in for a deep dive into financial crime risk and compliance complexities!

Resources:

Connect or follow David Caruso on LinkedIn |   / david-caruso-4078447  
Dominion Advisory Group: Webpage | https://www.dominion-advisors.com/

Connect with RR Podcast at:

LinkedIn:   / hkufintech  
Facebook:   / hkufintech.fb  
Instagram:   / hkufintech  
Twitter:   / hkufintech  
Threads: https://www.threads.net/@hkufintech
Website: https://www.hkufintech.com/regulatory...

Connect with the Compliance Podcast Network at:

LinkedIn:   / compliance-podcast-network  
Facebook:   / compliancepodcastnetwork  
YouTube:    / @compliancepodcastnetwork  
Twitter:   / tfoxlaw  
Instagram:   / voiceofcompliance  
Website: https://compliancepodcastnetwork.net/

#FinancialCrime #AML #Compliance #DavidCaruso #RegulatoryRamblings #Banking #Corruption #Sanctions #RiskManagement