The Knowledge Group Has Scheduled a Live Webcast Effective Anti-Money Laundering (AML)

NEW YORK - Dec. 20, 2015 - PRLog -- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, announced today that it has scheduled a live webcast entitled: Effective Anti-Money Laundering (AML) Compliance Programs Mitigating Your Firm's Violation Risks in 2016. This two-hour event is scheduled on January 27, 2016 at 12:00 PM - 2:00 PM ET.

Event Synopsis:

Reporting by financial organizations, mandated by the Bank Secrecy Act (BSA), plays a crucial role in combating terrorist financing and money laundering.  By now, we all know the four pillars of a BSA/AML program.  The “what” and “why” are nothing new but looking to 2016, AML professionals will need to balance the expectations of the regulators while constantly reevaluating the “how.”  The surge in enforcement actions sends a clear message that there is a huge gap between what regulators consider to be sound AML and CFT risk management and what the current situation for most financial institutions is.  The gaps in AML programs along with sophisticated emerging trends in financial crimes suggest that traditional methodologies and technologies have fallen short of the stated goals.

Financial institutions must be willing to move beyond traditional AML programs and technology if they wish to effectively manage risk across the enterprise, protect the organization’s reputation and satisfy the regulators.

In this two hour, LIVE Webcast,  these two distinguished professionals and thought leaders assembled by The Knowledge Group will discuss how certain trends are shaping the AML landscape and how the role of technology is becoming a game-changer for more effective AML programs.  Speakers will present their thoughts on next generation AML.

Topics include:

• A look  back on enforcement actions and trends for 2016
• An Enterprise View of Risk
• REPs (Reputationally Exposed Persons found in Adverse Media)
• Day 1 vs. Day 2
• FinCEN 314b and information sharing
• Effective AML Models:  Risk/Principles-based vs. Rules-based
• Model Validation
• Leveraging the next generation of technology

• Introducing Intelligence to the AML/CFT Environment
• Data analytics
• Visualization
• Link Analysis
• Risk scoring
• Outsourced solutions

Speakers/Faculty Panel

Safe Banking Systems

David Schiffer

President & CEO

Zeichner Ellman & Krause LLP

David B. Chenkin

Partner

For an updated list of the faculty panel, please visit:

https://theknowledgegroup.org/event-homepage/?event_id=1304

About The Knowledge Group/The Knowledge Congress Live Webcast Series

The Knowledge Group brings together the world's leading authorities and industry participants through informative two-hour webcasts that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.

Visit http://theknowledgegroup.org/ for further information and inquiry.