WORKSHOP A: A Practical Guide to Developing and Implementing a Risk-Based AML Programme

Your AML programme’s effectiveness hinges on your ability to accurately evaluate and address the unique risks faced by your organisation. Identifying high-risk areas within your business is the first step towards prioritising AML initiatives; however, risk is not static and must be constantly re-evaluated and fine-tuned in order to ensure proper management. Does your compliance programme fully address the identified risks posed to your organisation? Take advantage of this intensive hands-on workshop to:

• Accurately assess and mitigate enterprise-wide risks
• Re-evaluate training, due diligence, monitoring, reporting and audit functions with an eye towards risk management
• Prioritise investigations based on identified or perceived threats
• Drive a culture of compliance that incorporates risk-based decision making

WORKSHOP B: Adopting Proven Strategies to Ensure Successful AML Audits

An AML audit provides a snapshot of your institution’s money laundering preparedness and how well it meets regulatory expectations. While a successful AML programme strikes a delicate balance between meeting examiners’ requirements and addressing specific enterprise risk, the only way to measure its success is through an independent audit. Does your AML programme achieve its mission? Attend this interactive tutorial for detailed instruction on how to:

• Identify and execute the key elements of a successful audit within any size organisation
• Adopt the most cost-effective methods for completing a successful internal audit
• Successfully integrate audit results into your programme
• Determine the effectiveness of computer assisted auditing tools and techniques (CAATTs)
• Examine best practises and critical lessons learned from other financial institutions