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...

Ladies and gentlemen, thank you for your kind invitation to join this 10th anniversary of the BSA Coalition, an organization that is exactly the model for what I truly believe is essential for effective anti-money laundering (AML)—that is collaboration between the private and public sectors....