Mastering PEP Screening: Best Practices for AML Compliance in 2023

On-demand webinar

Key takeaways:

  • Definition of a PEP: Gain a comprehensive understanding of the different types of "Politically Exposed Person" and their significance in AML compliance.
  • Latest regulatory requirements: Stay up-to-date with the most recent regulatory expectations and requirements in 2023, ensuring your organization's compliance remains robust and effective.
  • Enhancing efficiency: Discover practical tips and strategies to streamline and improve the efficiency of your PEP screening processes, allowing you to allocate your resources more effectively.
  • Risk ratings for PEP: Explore the significance of risk ratings in relation to the location and type of PEP, equipping you with the tools to assess and manage potential risks more accurately.
  • Case study: Delve into a real-world case study showcasing the implementation of a risk-based approach in a PEP screening program. Learn from practical examples and gain valuable insights to apply in your own organization.

Are you seeking to enhance your AML compliance with advanced Politically Exposed Person (PEP) and Relatives and Close Associates (RCA) screening? Don’t miss our upcoming session where industry experts will share invaluable guidance on how to establish a robust and efficient PEP screening program that aligns directly with your own risk-based approach.

In this dynamic session, we take a deep dive into regulatory perspectives and process optimizations using granular controls, territory assignments, and types and categories of PEPs that are in line with your risk-based approach, thereby enhancing your knowledge of PEP screening techniques and the tools to master PEP screening. Join us to gain insights into best practices to dramatically reduce your exposure to corruption and money laundering from politically exposed persons and related entities.

Speakers

Kieran Holland

Kieran Holland

Head of Technical Solutions

Steve Marshall

Steve Marshall

Director, FinScan Advisory Services

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