Staying compliant with the evolving regulatory landscape of Anti-Money Laundering (AML) and the Bank Secrecy Act (BSA) has always been challenging. With the passage of the National Defense Authorization Act (NDAA) for the fiscal year 2021, increased scrutiny and heightened penalties are expected. Amidst these changes, financial institutions also grapple with imminent credit and liquidity risks which, if not mitigated, could significantly affect operations and revenue.
Now, more than ever, financial service providers need to strengthen their BSA/AML compliance approaches and improve their transaction monitoring systems. To be able to seamlessly navigate these complexities, integrating an AML technology solution designed to increase efficiency, compliance, and profitability becomes imperative.
Join a panel of key thought leaders and distinguished professionals assembled by The Knowledge Group as they provide a comprehensive discussion on how financial institutions can leverage the use of technology to meet their BSA/AML obligations. Speakers will also share practical risk-based approaches to thwart perils and maximize the opportunities in this fast-paced regulatory climate.
This LIVE Webcast will discuss the following:
- Trends and Developments in BSA/AML Regulation
- Top Financial Crimes: Trends and Statistics
- Essentials of Effective Money Laundering Technology Service
- Leveraging Opportunities
- A 2022 Outlook