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Anti-Money Laundering - Business Requirements, Industry Status and Issues (MLCA30M)
Strategies and Techniques to Enhance Your Anti-Money Laundering Program
It’s extremely important to have an effective and compliant anti-money laundering program in your financial institution.
Register for this 60 minute audio session with Jim George to get a summary of the AML regulatory requirements and approaches to meet these requirements, with emphasis on detection technology and techniques. Jim will discuss banks’ experience with current issues like centralized Financial Investigative Units, excessive false-positive alerts, and evolving perpetrator behavior. Plus, he’ll also discuss the current issues and trends in AML
Some key points that will be covered in the session
Three categories of requirements
Four required steps
Three aspects of Know Your Customer
When must Suspicious Activity Reports (SAR) be filed?
Three lines of defense
Laundering strategies and techniques
What is changing
Reactions by perpetrators
Issues within banks
Who should attend?
Anyone at a financial institution with responsibilities for AML compliance, prevention, detection, investigation or systems.
*Single User Price. For multiple users please call 1-800-223-8720
Jim G. George is an independent consultant working with major banks and other financial institutions in areas of AML, KYC, anti-fraud, and risk management. He was formerly an Associate Partner in the Bank Risk and Compliance unit of IBM Consulting and with PriceWaterhouse-Coopers consulting be...
Disclaimer: The content herein does not represent any association between CFPB and Eli Financial LLC. CFPB neither endorses any product of Eli Financial LLC nor warrants accuracy of the content hereto.