Will This Lead to a Needed Change to the SAR Infrastructure?
Dr. Gary Shiffman, CEO of Giant Oak, discusses the recent explosive stories of the leaked SAR documents with AML RightSource Executive VP John Byrne. Shiffman argues for an overhaul of how suspicious activity reports are filed, reviewed and eventually investigated. Join us for a candid discussion of the most essential elements of the AML “toolbox” and what could lead to a more focused and efficient approach to catching financial criminals.
Do You Know Your Company's Cryptocurrency Risk?
In this episode of AML Conversations, Chuck Taylor, Executive VP, and Head of Financial Crimes Advisory at AML RightSource sits down with Steve Ryan, Chief Operating Officer/Co-Founder of CipherTrace to discuss the ongoing risks and exposures related to Crypto for Financial Institutions. They examine the full extent of the vulnerability of most FIs to Crypto and why many of the methods they use for detecting Crypto risk are ineffective. Chuck and Steve also explore the probability of a Financial Institution being impacted by malicious Crypto activities, the various ways in which these actions are taken, and what FIs can to better prepare and protect themselves.
How Financial Crimes Advisory Can Help You
In this edition of AML Conversations, AML RightSource Vice Chairman John Byrne sits down with Chuck Taylor, EVP and Head of the Financial Crimes Advisory practice at AML RightSource and his team of consultants to discuss the talents and services they bring to assisting clients with their BSA/AML compliance programs and AML strategies.
A Conversation with Jennifer Fowler of the Brunswick Group
In this edition of AML Conversations, AML RightSource Vice Chairman John Byrne sits down with Jennifer Fowler, a Director at the Brunswick Group and former US Treasury Department official to discuss the Financial Action Task Force’s (FATF) impact on your BSA/AML compliance program. John and Jennifer also discuss her career journey and what she has experienced along the way.
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.
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.
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.
