Most Common Audit Findings Webinar

We will share our experience of where the key areas of high risk are in payments, e-money institutions, challenger banks. We’ll cover trends we see arising from audits conducted and cover the following areas:

What findings will be discussed within this webinar?
Most common AML Compliance Audit Findings:
• Customer Due Diligence
• Evidence of Enhanced Due Diligence
• PEPs and Sanctions Screening
• Compliance Monitoring Planning
• Suspicious Activity Reporting
• Transaction Monitoring (Rule sets/ evaluations of alerts)
• Oversight
• Whole firm risk assessment
• Client Risk Assessment

We will delve into a range of compliance vulnerabilities in practice, but also provide an insight on how firms have improved their compliance procedures in the last year and thus reduced their own regulatory, reputational, and financial risk exposure.

This session is aimed at those who are employed within e-money and payment institutions and who may be required to participate when their firm undertakes a AML Compliance Audit.