Michelle Frasher PhD CAMS

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[Steve Peers @StevePeers]

EU Member States agree on new laws on advance passenger information. Must still be negotiated with the European Parliament.
https://t.co/DUYcJN0K3C

[Steve Peers @StevePeers]

Agreement on yet another EU law on law enforcement access to personal data - this one simplifying access to bank account data

[Michelle Frasher PhD CAMS @michellefrasher]

I have advocated for enterprise sharing and #publicprivatepartnerships, but with balance for individual rights and fighting crime. Data Protection HELPS target the bad actors and protects good people. Thread coming to show how the #EU is leading that way. #AMLR 4/4

[Michelle Frasher PhD CAMS @michellefrasher]

For 15 years I've shown that privacy #dataprotection laws do not prohibit sharing for #AML #CFT purposes. #FATF has also stated this several times and validated this view. Yet, the narrative persists that #privacy is a hindrance to compliance. 1/4

[Michelle Frasher PhD CAMS @michellefrasher]

#PETs do not solve the privacy "issue." (A statement I see too often) It's an AML #secrecy issue made worse by bad data governance and data management & a failure to build #technology with all this in mind (among other things). Focus on the processes before sharing happens. 3/4

[Michelle Frasher PhD CAMS @michellefrasher]

In 2015, I wrote that #AML and #dataprivacy firms operated in silos. They didn't understand that data governance and data management truly underpin a compliance program. 7 years later, I have yet to find a firm that delivers this with expertise in both AML and DPP.

[Michelle Frasher PhD CAMS @michellefrasher]

Wolfsberg Group's Negative News screening FAQ
https://t.co/Q2SqfH3g9D
Most #AML #CFT regulations/laws don't specifically mandate NN screening, but it's common practice. Criminal data briefly mentioned in the EU's new AML Regulation if it's accurate and relevant. #dataprotection

[Michelle Frasher PhD CAMS @michellefrasher]

I've been on a social media break, but the cornucopia of thought leadership on #AML #CFT and #dataprotection will soon return. I'll be posting on how all the things I predicted in a decade are coming true. Yes folks, it's the unapologetic "I told you so" of AML/DPP.

[Michelle Frasher PhD CAMS @michellefrasher]

@DJGould94 Every peer reviewer for 5 years who didn't understand that international monetary relations didn't fit their pet theory. I was the only person dancing in my living room watching the 2008 financial crisis & realizing it took a global meltdown to make my research relevant.

[Michelle Frasher PhD CAMS @michellefrasher]

See you at London for @DPI22 where I will be speaking about my favorite topic - #AML and #dataprotection - Better Together!

If you see me introduce yourself and say hello!

#data #privacy #EDPS #AMLR #EU #UK #IAPP #financialcrime #compliance

[Michelle Frasher PhD CAMS @michellefrasher]

@deepities Yes, we all do know this. But my post had to do with one company changing ownership of another to avoid ties to a Russian oil company.

[Michelle Frasher PhD CAMS @michellefrasher]

And to distance itself further from beneficial ownership no doubt. #AML #UBO #sanctions #OFAC #HMT

BBC News - BP to offload stake in Russian oil firm Rosneft
https://t.co/1iuu51fR0U

[Michelle Frasher PhD CAMS @michellefrasher]

Part 2 of my article on #AML #privacy and the #EDPS #AMLR Opinion. Thanks @PrivacyPros !

[IAPP @the_iapp]

"The EU’s Anti-Money Laundering Regulation & data protection: Part II" (via @michellefrasher) https://t.co/NOk5PCv8Pa

[Michelle Frasher PhD CAMS @michellefrasher]

@mdennedy Thanks @mdennedy 😊!

[Michelle Frasher PhD CAMS @michellefrasher]

PETs are great tools, but do not replace governance and collection processes before you get there.
So #AML #PPP #datasharing folks, I'm not the only one saying this. #safeguards #dataprotection

[Michelle Frasher PhD CAMS @michellefrasher]

#AI in the financial services. #risk #AML https://t.co/h7LF4tZKlG

[IAPP @the_iapp]

"Data protection and the EU's anti-money laundering regulation" (via @michellefrasher) https://t.co/I1ISENEQgu

[Michelle Frasher PhD CAMS @michellefrasher]

@trumanboyes Alt dot anything
Irc
LPB gamer

[Michelle Frasher PhD CAMS @michellefrasher]

@MarcHochstein I did indeed. but with a correction - there are conflicts but it is not *completely* conflicting. GDPR does not prohibit KYC, it just asks for limits. EU's AMLR and recent EDPS Opinion address this as does a forthcoming article from me...