AML is Plagued by Inefficiency (Part 1 of series)

Posted by & filed under AML General, Negative News.

This is the first post in a series addressing inefficiencies in current AML processes and practical solutions to the most prevalent issues. I spend my days speaking with AML Officers, FIU Directors, and the investigators and analysts that spend their days completing EDD reviews, transaction monitoring analysis, and case investigations. I can distill those hundreds… Read more »

AML Programs for Broker-Dealers – SEC and FINRA say One Size Does Not Fit All

Posted by & filed under AML General, Negative News.

The SEC and FINRA announced that broker-dealer anti-money laundering (“AML”) programs continue to be a focus and priority for 2017. While most, if not all, broker-dealers likely have some form of AML program, this continued focus by the SEC and FINRA indicates that having just any program is not enough. Key Aspects for an AML… Read more »