Craig Timm
Senior Director of AML at ACAMS and former Managing Director at Bank of America in Financial Crime. Eight-year veteran at the U.S. Department of Justice, including time as Deputy Chief of Asset Forfeiture.
Best podcasts with Craig Timm
Ranked by the Snipd community
Feb 14, 2024 • 32min
Identifying Financial Crime Threats, with Justine Walker and Craig Timm
Justine Walker and Craig Timm discuss top financial crime threats in 2024 like budget cuts, cyber-enabled crime, global conflict fallout. They highlight responses and ways for institutions to prepare. Insights on AI, malware, AML, sanctions, crypto, and more.
Oct 24, 2024 • 24min
Parsing the TD Bank Prosecution and Regulatory Settlements, with Craig Timm
Craig Timm, Senior Director of AML at ACAMS and a former Managing Director at Bank of America, dives into the staggering $3 billion penalties stemming from TD Bank’s anti-money laundering failures. He reveals alarming statistics about transaction monitoring, with only 8% of transactions properly scrutinized. The discussion covers the implications of ongoing investigations into employee misconduct and essential guidance for compliance officers to navigate liability. Timm emphasizes the importance of personal integrity and thorough documentation in maintaining compliance within financial institutions.
