Practical implementation of the AML Act into your institution
The AML Act of 2020 has led to broader scope around the requirements and obligations for AML and Financial Crime departments across financial institutions and it is imperative that these professionals fully understand how to incorporate the requirements of this act into their practices in an efficient and effective manner. Although AML programs are not a new area for institutions, they need to ensure that their current AML program can align with the requirements of this act to further empower insights.
In this webinar, we will look into best approaches for a more effective AML program whilst maintaining costs to your institution. Assessments will be made into how to provide more actionable insights for law enforcement and ensure integrated regulatory reporting processes through the application of technology and enhanced use of data.
Webinar Agenda Includes:
- The spotlight on moving from reporting to a risk-based approach for AML
- Looking into the emphasis the AMLA has put on the use of technology and automation
- Enhance information sharing between the public and private sector
- Improve your documentation and tracking to streamline reporting requirements
Speakers
Corey Lynch, Product Expert at Verafin
Jim Richards , Founder and Principal at RegTech Consulting LLC
Michael Hall SVP, Director of AML and Sanctions and BSA Officer at Fifth Third Bank
