AML Conversations AML Analytics- An Important Tool - A conversation with an expert sister-brother AML Duo
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Apr 1, 2025 Alison K. Jimenez, President of Dynamic Securities Analytics, Inc., and Steven Kemmerling, Founder & CEO of CRB Monitor, dive into the crucial role of AML analytics in compliance. They discuss their experiences in economics and how data is pivotal in tackling financial fraud, especially in the cannabis industry and human trafficking. The duo also addresses the complexities of identifying digital asset businesses, the rise of financial sextortion scams, and the evolving compliance landscape in emerging markets. Their insights shed light on how institutions can better combat these challenges.
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Alison Jimenez's AML Journey
- Alison Jimenez started in securities regulation before AML laws fully developed post-9/11.
- She moved from quantitative securities litigation to AML consulting, learning to apply rules into numeric analysis.
Steven Kemmerling's Cannabis Data Work
- Steven Kemmerling came from investment banking focusing on industry databases and M&A.
- He started developing a cannabis industry database in response to bank AML needs around marijuana businesses.
Knowing Your Marijuana Clients
- Banks must know who marijuana related businesses are to comply with AML policies.
- Whether a bank chooses to serve marijuana businesses, it must identify them to mitigate risks.