aml compliance Compliance with Anti-Money Laundering Standards

Compliance with Anti-Money Laundering Standards


Protiviti Perspective by Roger Zhang, Houston

Given the increase in regulatory scrutiny related to Anti-Money Laundering issues and the complex challenges that financial services organizations face in this regard, institutions begin to understand the importance of implementing and maintaining a robust Anti-Money Laundering program. In addition, societies begin to understand the importance of implementing a Compliance Program with Anti Money Laundering and Combating Terrorist Financing (AML / CFT) Regulations that can be applied in all the different lines of business. However, assessing the risks of money laundering in an organization and the tools and techniques available to mitigate those risks can pose a significant challenge.

The essential members of the Anti-Money Laundering Practice (AML) of Protiviti with former regulators of financial institutions, compliance executives of financial institutions, fraud specialists and forensic specialists, technology experts and people with practical experience working in financial institutions. all. They have considerable experience providing advice to institutions of all types on the design and implementation of their Compliance Programs with the Anti-Money Laundering / Combating Terrorist Financing (AML / CFT) standards, performing independent tests of the effectiveness of the Programs of Compliance with the Anti-Money Laundering / Combating the Financing of Terrorism (AML / CFT) rules, and conducting investigations on money laundering.