Has your financial institution recently been through a regulatory audit or thematic review where weaknesses were identified with your audit processes? This is now an increasingly common scenario for Chief Anti-Money Laundering Officers (CAMLO), Bank Secrecy Act Officers (BSA Officers), or other similar positions in financial institutions; and where processes are found to be weak, regulatory commentary and ongoing remedial actions can be sure to follow. As the Anti-Money Laundering (AML) and Counter Terrorist Finance (CTF) regulatory environment experiences ever stricter scrutiny, your AML and CTF audit model and governance procedures will become subject to greater audit and regulatory interest.
Download this report to learn more about:
- What defines an effective AML audit model?
- Why AML auditing is different than other auditing;
- Preparing for your AML audit & overcoming the AML audit challenges;