•The AML Landscape: Trends and Developments
•AML Enforcement Priorities
•Challenges in the risk assessment process
•AML Risk Assessment Software
•Identify the key components of a risk assessment structure as well as the common challenges facing organization’s risk assessment processes.
•Determine the significant role technology plays in conducting enterprise-wide risk assessments and improving anti-money laundering (AML) compliance programs.
Runtime: 1 hour, 27 minutes
Recorded: January 26, 2022
For NY - Difficulty Level: For both newly admitted & experienced attorneys
Devising and implementing effective anti-money laundering (AML) compliance programs have always been tricky and challenging. With the rising number of AML violations and the stiffer penalties from recent enforcement actions, businesses and organizations are urged to better assess their existing practices and ensure that these are compliant with the current enforcement priorities.
One of the keys to strengthening a company’s AML compliance is to have a wider vision of its risk areas. Looking at the various ways to accomplish this might be to employ an automated risk assessment solution.
Listen as financial crime risks assessment experts Rosie Davitt (Arctic Intelligence) and Beth Berenbaum (ICBC – NYB) offer helpful tips in identifying the best risk assessment solution to boost one’s AML compliance programs, including software solutions.
In this program, they will discuss:
•The AML Landscape: Trends and Developments
•AML Enforcement Priorities
•Challenges in the risk assessment process
•AML Risk Assessment Software
This program was recorded on January 26th, 2022.
.
