Suspicious Activity Reports (SARs) are the most valuable external tools that a compliance program provides to law enforcement and regulators in support of the detection and prevention of money laundering and terrorist financing. Identifying, understanding and accurately explaining why a transaction is suspicious are...

Those charged with upgrading or replacing a financial institution's anti-money laundering (AML) systems face a complex series of highly interrelated challenges, which will have implications across virtually every aspect of the institution's operations. Proper planning is essential to get it right the first time...