With smaller firms needing to prioritise growth but suffering from squeezed resources, this makes life a challenge for MLROs especially if their senior management do not understand the risks themselves..
Brought to you by Project Financial Crime, this podcast episode discusses AML obligations of EMIs and APIs and what the role is for these firms in relation to their agents.
The session will also explore the challenges of filing suspicious activity reports (SARs), the current landscape of AML, (including recent prosecutions brought against financial institutions), and what the government is doing to bring in more corporate liability to prevent further fraud and financial crime.
Speakers include:
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