JD Supra

Treasury Department Issues Comprehensive Assessment of US Money Laundering and Terrorist Financing Risk

For the first time in a decade, the Treasury Department has released its own anti–money laundering (AML) and terrorist financing Risk Assessments, which may both set a strategic framework for future ...
Case Western Reserve University

Integrating a Risk Assessment into an AML Program

Add to Calendar: Add to Calendar: 2021-09-23 19:00:00 2021-09-23 20:00:00 Integrating a Risk Assessment into an AML Program Event Description The FATF recommendations and regulators encourage ...
JD Supra

FFIEC BSA/AML Examination Manual Updates Reveal Exam Process and Expectations

On April 15, 2020, the Federal Financial Institutions Examination Council (“FFIEC”) released updates to the Bank Secretary Act/Anti-Money Laundering (“BSA/AML”) examination manual (the “Manual”). As ...
Legal Futures

The SRA’s 2025 AML report: What law firms need to know

The SRA has released its 2024-25 anti-money laundering report and the scale of supervision is striking - it carried out 935 ...
ITWeb

Legacy AML risk assessment models not up to challenge of evolving risk management

Manual risk assessments using Excel spreadsheets or Word documents are no longer up to the challenge of effectively managing anti-money laundering and combating the financing of terrorism (AML/CFT) ...
Forbes

Beyond The AI Hype: Reevaluating The AML Data Layer For Accurate Risk Assessment

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. AI, and especially agentic AI tools, are evolving at a rapid speed, with the use of AI ...