Buckley Sandler Webcast: Transaction Monitoring for Financial Crimes (2014)
As financial institutions begin to migrate compliance processes from risk specific silos such as money laundering, sanctions, corruption, and fraud into a more comprehensive financial crimes structure, addressing the impact this will have on transaction monitoring programs is an institutional imperative if the risk mitigation and SAR reporting processes are to function optimally. Understanding the challenges of disparate data source integration, the inherent complexity of transaction monitoring models and the analytics required to maximize investigative utility is critical to success.
Please join Buckley Sandler and invited panelists for a discussion of the following topics:
- How to organize a financial crimes transaction monitoring function.
- Considerations in establishing rule sets appropriate to the task as well as the ongoing tuning of these control settings.
- Incorporating the lessons from transaction monitoring models into the risk assessment process.
- Employing data analytics to triage output and improve system accuracy.
- Regulatory expectations regarding system implementation and model validation.
- Jim Arndts, Capital Bank
- Georges Korsum, EY
- Scott Nathan, BankUnited
Who Should Attend: This webcast will be of particular interest to in-house legal, compliance, and risk management personnel at banks and other financial services providers.
When: Thursday, October 23, 2014 from 12:00 to 1:00 pm EST
James T. Parkinson focuses on international regulatory compliance counseling, corporate internal investigations, and enforcement defense litigation. He represents clients on a variety of criminal and civil enforcement actions, including Foreign Corrupt Practices Act (FCPA), securities fraud, insider trading, false statements, and environmental matters.