L. Burke Files

Compliance & AML Expert, Financial Investigator

Prior to founding Financial Examinations & Evaluations, Inc. in 1993 an independent international investigative and consulting practice, Mr. Files was a partner in a regional consulting firm specializing in business, financial and securities consulting. Mr. Files served as the Director of Corporate Finance for an investment banking company and the Principal of a business and venture capital consulting firm specializing in reorganizations and municipal financing for medium sized power plants and a director of an IFC Trust company and has advised and worked for many IFC financial services since 1986. Mr. Files has worked internationally since 1986 and has advised clients in over 60 countries and visited over 100. He is a sought after expert and speaker on financial matters such as due diligence, anti-money laundering, fraud prevention, intellectual property and more. His speaking engagements have been carried him to five continents.

He is a co-author of several pieces of legislation dealing with everything from Fund Management to LLC and Cell LLCs. He is also the author of the award winning book Due Diligence for the Financial Professional, 2nd Edition, and Publisher Aegis Journal in 2010 now in its second printing. He is also the author of a few white papers and many articles

Mr. Files is active in many civic organizations. He is a past Chairman of the American SouthWest Foundation, a non-profit political and economic think-tank. Mr. Files has served as a member of the Governor’s Board on Solid Waste Management, as an advisor to the Governor’s Board on Economic Planning and Development and a former Commissioner of the City of Tempe Transportation Commission. Mr. Files has also received a Commission and a Medal of Merit from the President of the United States. Some of the more notable engagements, co-Lead contractor working with the Asian Development Bank to help draft the Anti-Money Laws of Pakistan, Working with the Government of Yemen on basic due diligence as they took over operations from private oil companies, for several governments he is the provider deep backgrounds on applicants for economic citizenship, and worked as part of team to aid large banks with their compliance issues. He has also worked with banks to develop a more real compliance process to avoid compliance issues. 

Burke is a field expert of Interfima.

Publications

SME’s Expanding Internationally
It's the risks you do not know that might kill you: The Persistent Termite Risks
Rats in Lab Coats
Due Diligence Publication, IDDO
IRS Developments
Announcement
Cash crimes are the stuff of Hollywood movies
Money Laundering and Corruption
FATCA Survey Report
A Study of the Consequences of the Foreign Account Tax Compliance Act on Americans Living Overseas: ...
Bank Alternatives
What are the forces and sources in and of bank disintermediation?
July 01, 2012: China is in Trouble, Big Trouble!!! – My Vision for China
I wrote the article "Cracks in the BRIC" back in 2012 to present a gimlet eyed look at the...
African Due Diligence
So if you are conducting due diligence in Africa, expect to pay less per hour but you will have to i...
Insurance Fraud: Expert Insights May 2015 (Part II)
Interview, Part II
Eruption of Insurance Fraud in the Time of Crisis
Insurance Fraud: Expert Insights May 2015 (Part I)
Following INTERFIMA's event "Eruption of Insurance Fraud in the Time of Crisis" in A...

Trainings

Certified Compliance Specialist
In the era of rapid market change, banks and other financial institutions are not judged only by their quantitative metrics (performance indicators, returns, risk measures, etc). Nowadays, the importance of the qualitative elements in a modern banking operation is perhaps of an equal or of a higher weight. The readiness and adaptability status for the growing regulatory guidelines and directives, on both local and international level, are elements that build or destroy the fame and reputation of an institution.
 
These elements guarantee the protection of the bank and its stakeholders from money laundering, fraud, corruption and other shady practices, cultivating a spirit of efficiency and responsibility for the design and selection of processes and resources. These are the drivers for a successful and reputable operation.
 
This course will give you the benefit of following latest trends and developments from the regulatory perspective, equip you with best practices knowledge from the international arena, and assist you in developing the skills to understand and mainly to implement a proper compliance plan for your organization. 
Certified AML Specialist

A general overview of the domestic and transnational nature of crime, financial crime and the destabilization it is having on localities and nations and their people.  Also a discussion of economic friction and the role it works in our favor as well as countercurrent to our objectives.

  • Define “Money Laundering” and discuss three stages of Placement, Layering and Integration
  • Discuss examples from class attendees
  • The world of transnational criminal organizations and what they want from you!
  • Conditions Required For Money Laundering to Occur and How to Combat It
  • General discussion of 200+ Predicate Crimes to Money Laundering
  • Ability to move funds undetected and some of the ways this is likely to occur