The AML Shop’s Yong Li was recently featured in Money Laundering Bulletin to speak on Infowars - The Large Language Model Threat. In this article, we learn about how AI can undermine anti-money laundering and counter terrorist financing defences, including evading and attacking KYC data controls.
Yong contributes key expert insights to this discussion and provides recommendations on what vendors, regulators and obligated entities may need to enforce to prevail in the use and abuse of AI in Money Laundering and AML.