AML Health Check:
How Effective is the Design and Operational Performance of Your AML Program?

Achieving compliance does not happen by chance.  A multitude of elements must align properly to meet regulatory obligations.  Regulators and law enforcement agencies are placing greater and greater emphasis on compliance programs and their effectiveness in meeting regulatory obligations.  Significant penalties have been and will continue to be assessed in those situations where the compliance program is deemed to be deficient.  Compliance officers are now faced with understanding data feeds and data linkages from a variety of sources, assessing the adequacy of risk scenarios, and then evaluating process workflows to deliver a robust compliance program.

How do you identify areas that require immediate attention to make your AML program fit-for-purpose?

Join us in this informative session where we discuss how to form the healthy foundation for your compliance program.  We will look at best practices for identifying regulatory obligations and mapping those to policies, procedures, and internal controls.  We will deep dive into the importance of gathering and evaluating data as a measure of compliance performance and how the health of the underlying data is a critical element to the success and effectiveness of the compliance program.

Specific topics include:

  • Regulatory guidance on effective compliance programs
  • Challenges to identifying, measuring, and monitoring program effectiveness
  • Data considerations for your AML program
  • A practical approach to assessing the health of your AML compliance program

Presented by:

Steve Marshall
Steve Marshall
Advisory Services FinScan
Stacey Guardino
Stacey Guardino
Managing Director, Risk Advisory Services BDO