JUN 27

5 Key Tips for Superior Risk-based AML Compliance


All other Events(no CPF)




  27 Jun 2017 through 27 Jun 2017


  New Hyde Park, New York, United States

Website URL:


Sponsoring organization:

  2754 80th Avenue, New Hyde Park, NY 11040


  Business > Finance

Event description:

Overview The speaker will specifically address the need for a strong customer risk assessment (Know Your Customer), monitoring of transactions, monitoring and reviews of business relationships on an ongoing basis and the need for awareness of higher risk factors with business customers. We will discuss the concept of de-risking with respect to business portfolios. We will also cover some of the challenges with a risk-based approach. Why Should You Attend Regulatory scrutiny on AML compliance is more pronounced than ever and regulators are looking for institutions to take a risk-based approach. Lack of proper oversight with respect to AML can lead to serious consequences – reputation damage, fines, changes in business practices, inability to pursue new lines of business etc. Not taking a risk-based approach could lead to missed revenue opportunities. Attending this webinar will provide participants with tools to ensure they take a proper risk-based approach to AML compliance to meet regulatory requirements and protect their portfolios Areas Covered in this Webinar We will cover the following areas: What a risk-based approach means The value of having a risk-based approach Transaction monitoring best practices Know Your Customer best practices Ongoing monitoring for risk Higher risk customers and best practices for managing them Common higher risk customer categories De-risking and reasons for avoiding that approach Challenges to a risk-based approach Learning Objectives Participants will learn: The value of developing a risk-based approach for AML Best practices for KYC (Know Your Customer) and transaction monitoring What de-risking is and how to avoid it Who Will Benefit Risk and compliance officers in financial institutions and payment providers Product managers Operational managers For more detail please click on this below link: http://bit.ly/2r6TVqn Email: [email protected] Toll Free: +1-844-746-4244 Tel: +1-516-900-5515 Fax: +1-516-900-5510

Posting date:

30 May 2017
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