The Anti-Money Laundering Act of 2020 (AMLA 2020) became law on January 1st, 2021. Is your institution prepared to meet the expectations?
This is the biggest Anti-Money Laundering compliance update in the US in the past 20 years. The AMLA 2020 touches nearly every component of the financial crime and compliance programs.
Join Huron and special guests, John Tobon, Homeland Security and Alan Morley, Transformational business and technology leader in Compliance Risk, Anti Financial Crime, Surveillance & Monitoring, and Bank Payment Operations for a discussion around data, technology, business process and regulatory reporting details that will help your institution be compliant with AMLA 2020.
Session topics include:
1. Beneficial Ownership – Revamped Customer Due Diligence Rules – What data have you got and what do you need?
2. Model Risk Management – Quantifying the risk-based approach and methodology.
3. FinCEN enforcement and investigation-related authority.