Risk and Compliance CLE & CPE

Bolstering BSA/AML Compliance in 2023: Effective Risk Management Programs Explored

2022-12-29T03:42:25-05:00

The need for banks and other financial institutions to design their Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance program is paramount to mitigate financing risks and, most importantly, ensure conformity with the heightening BSA/AML regulations. Adopting a risk-based approach that focuses on detection and mitigation measures from potential illicit financial transactions is at the core to avoid hefty fines and legal liabilities. Moreover, banks and financial institutions must keep themselves abreast with emerging regulatory developments to avoid pitfalls.

FINRA’s 2022 Priorities: Significant Changes and Emerging Issues Affecting Your Compliance Program

2022-12-29T01:31:31-05:00

In this LIVE Webcast, a panel of thought leaders and professionals brought together by The Knowledge Group will provide and present an in-depth analysis of the fundamentals as well as recent developments in FINRA’s 2022 Priorities: Significant Changes and Emerging Issues Affecting Your Compliance Program. Speakers will also present all important issues surrounding this significant topic. Join us for this Knowledge Group Webinar!

What the DOJ’s New Cryptocurrency Task Force Means for Your Firm: Key Trends and Risk Mitigation Strategies

2022-12-28T02:18:49-05:00

As digital assets and distributed ledger technologies continue to develop, cybercrimes involving cryptocurrencies also worsen. From email phishing to ransomware, hackers have shifted their attacks into more pervasive and malicious forms breaking even the most sophisticated security systems. Thus, the DOJ, together with the National Cryptocurrency Enforcement Team (NCET)

Data Breach Litigation in the 2020 Landscape: Practical Tips and Strategies to Avoid the Pitfalls

2022-09-28T23:47:03-04:00

With the fast-growing problem and increasingly sophisticated threats of cyber security and data breaches, litigation and other related cases continue to hound the landscape. These lawsuits have brought large numbers of damages to individuals and industries, such as consumers and financial institutions over the years.

Responding to and Dealing with SEC Investigations: A Comprehensive Guide

2022-09-29T01:11:59-04:00

When a certain company is served with a subpoena from the Securities and Exchange Commission (SEC), it indicates that the Commission has obtained sufficient information to get a formal investigation order. It can be harrowing for any business entity to be served with such order as it may have a significant impact on the company’s resources and overall reputation.

Here Comes California Consumer Privacy Act (CCPA): How to Stay Compliant

2023-01-19T03:02:54-05:00

Intended to enhance consumer privacy rights and data use transparency, the California Consumer Privacy Act (CCPA) of 2018 is regarded as the most comprehensive privacy law in the U.S. The Act, which went into effect on January 1, 2020, imposes stringent privacy requirements with significant impacts on many entities that do business with California residents.

Never Trust, Always Verify: Battling Sophisticated Cybersecurity Threats with “Zero Trust” Approach

2022-09-29T02:53:17-04:00

Today’s leaders in cybersecurity continue to look for ways to protect organizations from the increasingly sophisticated cybersecurity attacks. From the antiquated belief of "trust, but verify," the security world seems to be warming up to the new principle of zero trust IT. Under the latter approach, nothing inside or outside of an organization is being trusted.  The zero trust model cuts the time spent in tracking false positives, thus, enabling organizations to increase their productivity.

Recent BSA/AML Trends and Developments: Best Compliance Practices for Your Client

2022-09-30T02:51:53-04:00

As threats of financial crimes continue to grow, enforcement actions under the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) remain to have a significant impact and implication on future regulations.  Recently, the Office of the Comptroller of the Currency (OCC) released its 2020 bank supervision operating plan that sets forth its supervisory strategies and objectives regarding BSA/AML compliance.

BSA/AML Enforcement and Compliance: How to Effectively Mitigate Risks and Perils

2021-09-27T22:27:46-04:00

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.

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