Navigating AML/CFT risk assessments
In June 2024, FinCEN published a Notice of Proposed Rulemaking (NPRM) that would require financial institutions to include comprehensive anti-money laundering (AML) and countering the financing of terrorism (CFT) risk assessments in their compliance programs. The new rule would require ongoing, risk-based updates to AML/CFT programs, and financial institutions would need to incorporate FinCEN’s national priorities in their risk assessments.
You don’t have to navigate these changes alone.
Wipfli created a free webinar to help your team understand and implement these requirements. The session is designed for Bank Secrecy Act (BSA) officers and their teams, compliance officers and internal auditors.
You’ll learn:
- The importance of maintaining a comprehensive risk assessment.
- How comprehensive risk assessments strengthen AML/CFT programs.
- Frameworks for conducting a thorough risk assessment.
- Industry best practices for creating an effective risk assessment.
- How to satisfy regulatory expectations and stay compliant.
Watch this session to build your roadmap for a successful AML/CFT program.
