Argentina's Private Universities: Stringent Regulation of a Small but Consolidated Sector [Scholarly Article – International Higher Education, 2022]

Title:

Argentina's Private Universities: Stringent Regulation of a Small but Consolidated Sector  

 

Author: 

Dante J. Salto 

University of Wisconsin-Milwaukee  

 

Published: 

International Higher Education, 7 January 2022 

https://ejournals.bc.edu/index.php/ihe/article/view/14505   

 

Abstract: 

Significant resistance to private universities in Argentina has resulted in a small, but strong participation of this sector in higher education. Core debates about private actors in education have evolved from vigorous opposition to more nuanced discussion about their fundamental role. However, the more prestigious and larger public sector still enjoys much governmental support in terms of finance and regulations, which has led the private sector to rely mostly on tuition revenue.

 

Cryptocurrency and Financial Risks by Avin Mohitesh Sharma [Liberty University, Doctoral Dissertations and Projects, January 2021]

Title:

Cryptocurrency and Financial Risks

 

Author:

Avin Mohitesh Sharma

 

Published:

Doctoral Dissertations and projects, Liberty University, 2791 (January 2021)

https://digitalcommons.liberty.edu/doctoral/2791/

Abstract:

Since its inception, the cryptocurrency's exceptional growth has put financial institutions at high risk of exposure to money laundering. In financial institutions, specifically banks, Anti-Money Laundering and Bank Secrecy Act (AML/BSA) risk specialists, bank managers, and compliance officers get challenged in identifying cryptocurrency-related transactions and customers who conceal illegal funds. Interviews conducted with the AML/BSA risk specialists, bank managers, and compliance officers were analyzed to understand how banks combat the cryptocurrency-related money laundering in the USA banking system. Interview with the Director of Financial Investigations & Education at CipherTrace as an expert in blockchain forensics was evaluated to recognize bank regulation and compliance. The case studies were assessed to understand the banks' program and regulation deficiencies and their inability to identify suspicious accounts. Interviews and case studies findings suggest that cryptocurrency-related money laundering is a risk for banks who lack proper tools, programs, and adequate well-trained and well-educated staff in mitigating cryptocurrency-related risks. Support provided by FinCEN regulation and guidance and external vendors is seen as critically valuable in assisting banks to combat cryptocurrency-related money laundering financial crimes.