As financial crime continues to grow and become more complex, so do the expectations of regulators that financial institutions are enhancing their efforts to mitigate risk and combat financial crime.
To effectively manage their compliance endeavors, financial institutions need to be familiar with the regulatory landscape and current compliance trends – including personal accountability, beneficial ownership, watch lists, escalating costs for efficiency, and cyber and third party risk management.
Understanding the changes these areas bring will help improve a financial institution's ability to identify and report suspicious activity and avoid penalties.
In this month's business defense webinar, we discuss the challenges you are currently facing and explore the latest developments in advanced anti-money laundering processes, including:
- Compliance trends and new regulationsn
- Cyber threats, methods and motivations
- Top pains, needs and investments
- AML program effectiveness and operational efficiency