Common Missteps and Key Continuous Improvement Areas for Regulated Companies to Achieve Compliance Controls
Deputy AMLRO & Director, AML Governance
BMO Financial Group
Andres Betancourt, CFCS, CAMS, CCI, CBE, FIS
Senior Manager, AML Solutions
AVP Internal Audit, Enterprise Risk & Corp. Functions, Former AVP Financial Crimes & Reg. Risk
Laurentian Bank of Canada
Ever-evolving AML compliance obligations that are growing increasingly technical and complex, have heightened the risk of compliance missteps resulting in burdensome investigations, onerous penalties and irreparable damage to reputation.
In this session, leading industry insiders will explore common missteps made by reporting entities and offer practical advice and proven techniques on how to shore up continuous improvement areas to help you achieve effective compliance controls.
- Key AML compliance missteps that land companies in hot water and strategies to reduce potential AML violations
- Practical assessment techniques to pinpoint strengths and weaknesses in your institution’s compliance program
- Key components in the development and implementation of a robust and clearly articulated financial
- crime compliance governance framework