Regulators Double Down: Crypto-Related AML Risks Webinar
Webinar Details:
Tuesday, November 17, 2020
12:00 p.m. ET | 5:00 p.m. GMT
Across the globe, virtual currencies are being increasingly prioritized by regulators. For example, in the U.S., FinCEN Director Kenneth Blanco has made it absolutely clear that financial services organizations must have controls in place to identify, monitor and report suspicious activity involving virtual asset-related transactions. More importantly, he has highlighted that examiners, and FinCEN, will ask about these controls when assessing the effectiveness of an organization’s AML program.
In this webinar, NICE Actimize and CipherTrace will share how to build a strategy to identify and mitigate these risks. We’ll also cover how forward-looking organizations are lowering their AML/CTF exposure by using specialized tools that identify risky virtual asset service providers and other compliance risks stemming from virtual-asset businesses.
- How to prepare for when an examiner asks if you have institutional or peer-to-peer virtual currency customers
- Baseline controls needed to identify currency customers and report potentially suspicious virtual asset activity flowing through your organization
- How holistic AML streamlines decision making and provides better customer experiences, improved risk management, and reduced costs
- Dave Jevans, CEO | CipherTrace
- Michael Barrett, Sr. Director, Product Management for AML | NICE Actimize
- Ted Sausen, Subject Matter Expert for AML |NICE Actimize
Webinar Details:
Tuesday, November 17, 2020
12:00 p.m. ET | 5:00 p.m. GMT