Top 10 Lessons Learned
Increasingly, companies are realizing the importance of implementing a risk-based Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) Compliance Program that can be applied across diverse business lines; however, evaluating the money laundering risks in an organization and the tools and techniques available for mitigating these risks can present a significant challenge. Protiviti provides a wide variety of consultative services designed to assist organizations in all aspects of AML/CFT compliance, including the following:
The core members of Protiviti’s AML Practice are former financial institution regulators, financial institution compliance officers, fraud and forensic specialists, technology experts, and individuals with hands-on experience working in financial institutions of all types. They have considerable experience advising institutions of all types on the design and implementation of their AML/CFT Compliance Programs, conducting independent tests of AML/CFT Compliance Program effectiveness and conducting money laundering investigations.
Related articles and thought leadership
The Challenges of Managing a Global AML Program
U.S. Guide to Anti-Money Laundering Requirements, Frequently Asked Questions, 6th Edition
AML and Data Governance: How Well Do You KYD?
Updates to BSA/AML Examination Manual (December 2014)
Updated FFIEC Bank Secrecy Act/Anti-Money Laundering Examination Manual (Flash Report)
Views on AML Technology, Volume II - Validation, Selection, Metrics and More
Views on AML Technology, Volume I - From System Selection to Effective Governance
Four Keys to Maintaining an Effective AML Program (ABA Compliance Magazine - November/December 2014)