Reducing the cost of compliance in a world of ever increasing regulation
AML and Compliance Officers are constantly feeling the impact of current system limitations. Whether it be as a result of gaps in risk coverage or as a result of a lack of cross-entity or cross-channel view, it is becoming increasingly difficult to justify the enormous cost of false positives and disparate systems.
How can we make sure we are compliant today and ready for future demands while controlling total cost? And how do we prepare for new regulations like the Foreign Account Tax Compliance Act? Do we start from scratch, do we revise everything? Or, do we fill the gaps and optimize what we have? How can we make sure costs don't spiral out of control?
To be inspired and get practical information for these challenges ahead, join us for the "High Performance AML, CDD & FATCA Dinner" on the 4th of June in Tervuren.
Example learning points:
- How to optimize current systems to reduce false positives with SAS High Performance Analytics
- How to create a holistic, cross-channel, cross-entity view
- How to react fast and discover new modus operandi
How to set up FIU/SIU's
- How to prepare for new regulations and demands like FATCA