FATF: Focus on Virtual Assets and "Stablecoins"
In this installment of AML Voices, John Byrne, Vice Chairman, Sarah Runge from Credit Suisse and Chip Poncy from K2 FIN discuss the Financial Action Task Force’s (FATF) focus on virtual assets and “stablecoins” and how this will impact your BSA/AML compliance program.
AML Conversations: 9/11 - Its Impact on Financial Crimes Compliance and on All of Us
In this edition of AML Conversations, AML RightSource Vice Chairman John Byrne sits down with terrorist financing career expert Dennis Lormel to discuss the impact of the events of 9/11 on financial crimes compliance and on everyday life around the world.
Effective Assessment of BSA/AML Training
In this installment of AML Voices, John Byrne, Vice Chairman and Mike Schidell, Director of Training at AML RightSource discuss effective assessment of AML/BSA training.
FATF: Priorities Looking Forward
In this installment of AML Voices, John Byrne, Vice Chairman, Sarah Runge from Credit Suisse and Chip Poncy from K2 FIN discuss the Financial Action Task Force’s (FATF) priorities for the next two years and how they will impact your BSA/AML compliance program.
Challenges in managing BSA systems
In this episode of AML Conversations, Chuck Taylor, Executive Vice President and head of Financial Crimes Advisory and Tim White, Special Advisor from the AML RightSource staff discuss some of the challenges of managing BSA systems to ensure they are effective and meet your FI’s needs.
Episode 1: When Did You Perform Your Last Rules Assessment?
There are many transaction monitoring systems in use at financial services companies (FIs). Many of them are rules based. They apply rules to specific transaction types to detect activity which requires additional scrutiny. With the broad variety of transactions, it is critical for FIs to regularly test and retune their systems to ensure accuracy.
Outline of an Effective AML/BSA Compliance Training Program
In this installment of AML Voices, John Byrne, Vice Chairman and Mike Schidell, Director of Training at AML RightSource discuss the outline of an effective BSA/AML compliance training program.
What does it take to be a BSA Officer?
In this episode of AML Conversations, AML RightSource Vice Chairman John Byrne sits down with Megan Hodge, Executive Compliance Director, BSA/AML Officer at Ally Bank. John and Megan discuss the attributes of a BSA Officer, including the desired skills, effective background and experience and how organizations can nurture internal staff to prepare for these positions.
Combining FIUs in a M&A Transaction
In this episode of AML Conversations, AML RightSource Creative Director Elliot Berman sits down with Will Voorhees, Senior Vice President and FIU Director at Truist Bank. Elliot and Will discuss the challenges in combining the FIU functions of two financial services companies in a M&A transaction. Will offers insights into the planning and execution of the project plan to accomplish this critical function.
