This webinar will provide insight and considerations for a financial institution to ensure that its AML suspicious activity monitoring efforts are adequate and appropriate for its institution. Additionally, it will provide suggestions and recommendations to consider to help enhance their AML monitoring program.
Ensure your AML compliance monitoring program is sufficiently monitoring for suspicious activity and ensuring the financial institution has appropriate efforts in place to be compliant AML compliance rules and regulations.
Why You Should Attend:
Suspicious Activity monitoring is a critical process that allows financial institutions the ability to identify potential AML financial crimes. An effective suspicious activity monitoring program will help a financial institution identify potential areas for improvement, as well as identify any gaps which would put the financial institution in non-compliance with AML rules and regulations. An inadequate suspicious activity monitoring program exposes a financial institution to potential financial crimes being conducted, as well as AML violations.
- What is suspicious activity monitoring?
- Common components of monitoring
- Important considerations for your monitoring program
- Assessing your current monitoring program
- Some ways to determine the effectiveness of your current monitoring program
- Making it better
- AML Officers
- Compliance Personnel
- Internal Audit