Today's technology enables people to do more in one second than most could have ever imagined. With the click of a button, money can be transferred, users can search billions of websites, and messages can be sent instantaneously around the world. Access to knowledge, people...

Independent testing of anti-money laundering (AML) programs pursuant to regulatory requirements and validation of actions as a result of Matters Requiring Immediate Attention, Matters Requiring Attention or Matters Requiring Board Attention (collectively referred to as MRAs) are complementary and have some similarities. However, the methods...

Anti-money laundering (AML) compliance departments are traditionally people-heavy and technology-light. Within the next five years, this is set to reverse. AML compliance departments are set to make large investments into technology that will significantly reduce staff count. Below are three areas that will see some...