By using this site you agree to our use of cookies. Please refer to our privacy policy for more information.Close
   

The recent financial crisis while renewing the regulators interest in Anti-Money Laundering (AML) and Countering Financing of Terrorism (CFT) laws has also asserted its prominence by levying heavier penalties on violators. The scrutiny also covers wire transfer transactions routed through offices based out of the APAC and Middle East regions, making them susceptible to equal levels of reporting and supervision. The magnitude of change is also marked by the wider ambit of AML laws, as they now expand to impact retailers, casinos, non-deposit-taking lenders, money changers, brokers, and financial advisers.

This enlarged volume and scope of transactions is driving organizations interested in AML compliance to adopt a risk-based approach for people, processes and technology, mainly pertaining to CIP (Customer Identification Program), KYC (Know Your Customer) and CDD (Customer Due Diligence) systems. A robust Compliance and Audit framework for transactions to be monitored and analyzed, along with CTR (Currency Transaction Report) and SAR (Suspicious Activity Report) capabilities is imperative for building a strong AML system.

At this complimentary MetricStream webinar, Guest speaker Laura Goldzung, the President of AML Audit Services, LLC will discuss how to leverage resources, technology, and processes to push AML compliance. Join her as she explores other factors to keep in mind while auditing an AML program, such as:

  • Challenges in managing AML audits in today’s environment
  • Key components of an effective risk-based audit program
  • Engaging with audit personnel - internal or external
  • Characteristics of an effective AML compliance program and the role of technology


Attend the webinar
This webinar is scheduled to take place on Thursday, May 9, 2013 at 11:00 am Eastern Time. To register for this webinar, and to learn more about the webinar and speakers, please click here.

About MetricStream

MetricStream, the independent market leader in enterprise and cloud applications for Governance, Risk, Compliance (GRC) and Quality Management, makes GRC simple. MetricStream apps improve business performance by strengthening risk management, corporate governance, regulatory compliance, vendor governance, and quality management for hundreds of thousands of users in dozens of industries, including Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-Tech and Manufacturing. MetricStream is headquartered in Palo Alto, California, with an operations and R&D center in Bangalore, India, and sales and operations support in 12 other cities globally. (www.metricstream.com).

Press contact

Sonia Sharma : pr@metricstream.com | India: +91 98450-19197

Download the online press kit

Request a demo Download RFP Template Pricing Contact