Home JM Intel JM Intel Insights: Anti-Money Laundering 101 with JVC’s Tiffany Stevens
JM Intel

JM Intel Insights: Anti-Money Laundering 101 with JVC’s Tiffany Stevens

Thief in safe
Thief in safe

How much do you know about anti-money laundering (AML) compliance programs?

 

AML programs help businesses identify suspicious activity associated with criminal acts including money laundering. They originated with the Bank Secrecy Act, a series of laws designed to deter covert banking activities abroad, and were expanded by the USA PATRIOT Act.

 

And they’re not optional for jewelry businesses that sell over $50,000 in merchandise annually. Need a primer on AML? We’ve got your back! We asked Tiffany Stevens, president, CEO and general counsel of the Jewelers Vigilance Committee, to explain what jewelry companies need to know about AML programs and their purpose and application. She makes this complex subject easy to understand!

 

 

Follow the Zing Report on Instagram and Facebook

Leave a comment

Leave a Reply

Related Articles

JM Intel

Pinterest May Be Good for You

There’s been a lot of ink spilt on how Instagram negatively impacts...

JM IntelTech

A.I. Helper! ChatGPT Can Help You Create Content for Your Business

I didn’t write the below how-to article—ChatGPT did. Have no idea what...

JM Intel

5 Offbeat Things to Do While You’re at Tucson’s Gem and Jewelry Shows

Tucson’s annual Gem and Jewelry Week (which in reality spans around three...

JM Intel

Jewelers Mutual Group Spearheads Movement to Reduce Jewelry Crime

It’s been a notably bad year for crime in the jewelry industry....

This will close in 20 seconds

%d