A Comprehensive Guide on Anti-Money Laundering: Demystifying Trends, Developments, and Critical Issues
Devising and implementing effective anti-money laundering (AML) compliance programs have always been tricky and challenging. With the rising number of AML violations and the stiffer penalties from recent enforcement actions, businesses and organizations are urged to better assess their existing practices and ensure that these are compliant with the current enforcement priorities.
One of the keys to strengthening a company’s AML compliance is to have a wider vision of its risk areas. Looking at the various ways to accomplish this might be to employ an automated risk assessment solution.
Listen as financial crime risks assessment expert Rosie Davitt (Arctic Intelligence) and Beth Berenbaum (ICBC – NYB). They will offer helpful tips in identifying the best risk assessment solution to boost one’s AML compliance programs, including software solutions.
Field of Study: Business Law
2 activities • 1 videos • duration: 1h 24m
Live and Recorded CLE & CPE Webcasts in the Legal, Tax, Finance, Risk, Compliance and Human Resources Industries
Founded in November 2006, The Knowledge Group has established itself as a premier eLearning hub for Continuing Legal Education (CLE), Continuing Professional Education (CPE), and technology-focused webcasts. We equip lawyers, accountants, and industry professionals with expert-driven insights, timely regulatory updates, and practical strategies to help them stay ahead in an ever-evolving landscape.
Rosie Davitt, Director of North America and EMEA, Arctic Intelligence, Beth Berenbaum, CFCS, CAMS, Director, Risk Assessment Officer, Industrial and Commercial Bank of China
Rosie Davitt, Director of North America and EMEA Arctic Intelligence Rosie has over 10 years’ experience selling data and technology into businesses to improve the way they manage regulatory compliance. Starting her career at WorldCheck and continuing into Thomson Reuters where she worked as a Screening specialist, working with both Financial and corporate clients to implement appropriate, scalable solutions to comply with their regulatory obligations and ensure best practice in line with their specific risk based approach. Beth Berenbaum, CFCS, CAMS, Director, Risk Assessment Officer Industrial and Commercial Bank of China Beth recently joined ICBC-NY Branch as their Director, Risk Assessment Officer. Prior to joining ICBC-NYB, Beth was a Compliance Consultant to the financial services/banking industry for almost 20 years, providing expertise and insight around financial crime areas (including risk, KYC/EDD/CDD/CIP, AML, OFAC) to US and international banks and their US branches. She has developed Compliance programs, policies, procedures, and processes, and has extensive experience with manual and automated AML/OFAC systems. She has also performed independent reviews, system validations and system implementations.
Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.
Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.
Good information on AML risk assessment
informative course
quite informative
A good refresher on risk assessment
