Originally Presented: September 29, 2017
“…getting focus away from regulatory checklist would benefit the banks and lead us back to the purpose of the SAR — it should be to stop crime from continuing!”
“One of the best webcasts with regards to topical, interesting and relevant content.”
In this insightful session, Chris Swecker, former FBI Assistant Director and Brendan Brothers, Co-founder of Verafin, review the shortcomings of BSA/AML/CTF programs which currently focus primarily on regulatory compliance and discuss a more effective means to investigate suspicious activity and the related flow of illicit proceeds.
- Gain an understanding of the challenges and inefficiencies of the current AML/CFT regime.
- Understand how a new approach to anti-money laundering efforts can generate stronger actionable information for law enforcement.
- Learn how financial institutions can adopt innovative technologies and practices to make a greater impact on fighting financial crime.