Audience Polling

How to Leverage Synergies Across the Three Lines to Identify and Rectify Deficiencies in your AML Compliance Program

May 5, 2021 4:15pm

Karen Creen
Chief Anti-Money Laundering Officer, Chief Compliance Officer
Bank of China

Andres Betancourt
Senior Audit Manager, AML/ATF and Sanctions
Scotiabank

Moderator:

Rosalind Laruccia
Assistant Vice-President, Internal Audit
Laurentian Bank of Canada

In this session, attendees will hear industry insights on effectiveness testing that extend beyond a check the box approach. Panelists will discuss how to:

  • LIdentify ML/TF risk exposure with second line testing techniques
  • How to analyze data and adjust existing controls to address potential deficiencies
    • Best practices for risk assessments
    • Setting the proper controls
  • How to conduct agile audits: strategies for system reviews in a remote work environment
  • Best practices for communication between the three lines for improved compliance outcomes
  • How to prepare for new obligations under the PCMLTFR