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    MSB Focus: Fighting Financial Crime in the Wake of COVID

    About this webinar

      While COVID-19 has had a detrimental impact on the economy as a whole, MSBs and community banks have been particularly hard-hit. Their challenge: meet ongoing regulatory expectations and remain vigilant on financial in a time of increasingly scarce resources. Join the webinar for a look into the issues MSB compliance professionals are experiencing post-pandemic and how they’re staying afloat. Learning Objectives:
    • Revamping training and risk management models to create institutional awareness of COVID-related AML risks such as remittances of illicit proceeds to bogus relief organizations
    • Updating oversight models to adequately detect possible COVID-19 scams such as requests for aid to allegedly sick family members in foreign countries
    • Examining FBI guidance on spikes in “money mule” activities related to COVID-19 such as extraordinarily complex transactions serving no clear business or personal purpose

    The event is finished.

    Date

    Jun 12 2021

    Time

    12:00 pm - 2:00 pm

    Cost

    ACAMS Members $245.00, Non-Members $445.00
    ACAMS

    Organizer

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