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AML for International Correspondent Banking

4217
Duration : 90 Minutes

Jim George,

Jim George is an independent consultant to banks focusing on issues of risk and compliance, AML, and fraud. He brings over 25 years as a consultant to major banks in Associate Partner and Principal roles at PriceWaterhouse-Coopers Consulting, IBM Consulting in Bank Risk and Compliance, and Andersen Consulting (now Accenture). Read more


Correspondent banking is an area many AML people are not very familiar with.  It presents a number of unique challenges to AML compliance.  We will cover introduction to AML, Correspondent Banking, and the Wolfsberg Group (which sets many standards in the area).  We will address the many risk issues related to AML compliance and how the Bank can address these risks.

Course Objectives:

• Understand the basic background behind the topic
• Learn what makes ICB a high risk area in money laundering
• Learn additional options and resolutions
• Understand examiner issues

Course Outline:

• Introduction to

o AML requirements
o New CDD requirements 2018
o Correspondent banking
o Wolfsberg Group

• Discuss high AML risks in correspondent banking 

o Bank,
o Country,
o Customer,
o Services

• Describe additional due diligence options
• Discuss examiner considerations

What You Get:

• Training Materials
• Live Q&A Session with our Expert
• Participation Certificate
• Access to Signup Community (Optional)
• Reward Points

Who Will Benefit:

• BSA/AML Officers
• Compliance Officers
• Enterprise Risk Managers
• Bank Compliance Officers and Assistants
• Bank Secrecy Act Officers and Assistants
• Bank Secrecy Act Analysts
• Credit Union Compliance Officers
• Internal Auditors
• Risk Managers
• Staff with BSA/AML oversight responsibilities
• Anyone who deals with correspondent banking risk

Please reach us at 1-888-844-8963 for any further assistance or if you wish to register

100% MONEY BACK GUARANTEED

Refund / Cancellation policy

Get In Touch

Subject : AML for International Correspondent Banking


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