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    AML in Practice: A Tutorial for Law Enforcement on How Banks Fight Financial Crime

    AML in Practice: A Tutorial for Law Enforcement on How Banks Fight Financial Crime

    Overview
    Designed specifically for law enforcement, we will provide insights into what fighting financial crime means in practice in the financial services industry. We will walk through the typical setup of AML teams in financial institutions and how they engage internally and externally with law enforcement. In this dynamic session, we will work through the key controls that banks implement at various stages of the customer journey and how a risk-based approach is applied in practice. We intend to provide a deeper view of the role the financial institutions play in the anti-financial crime world and how suspicious activity is identified and reported.
    Learning Objectives
    • Reviewing the three lines of defense and their roles within financial institutions and external partners including law enforcement
    •  Analysing how a risk-based approach and other controls impact AML/AFC oversight in areas such as client onboarding, ongoing monitoring and customer lifecycle management
    • Understanding how banks engage with law enforcement through external reporting and how they deal with a law enforcement request

    The event is finished.

    Date

    Sep 21 2021

    Time

    7:00 am - 8:00 am

    Cost

    Free
    ACAMS

    Organizer

    ACAMS
    Website
    https://www.acams.org/en
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    Speakers