Anti-Money Laundering (AML) Model: Validation and Optimization Best Practices

The latest episode of our Risk & Accounting Advisory podcast begins the first of a two-part series where Nate Regimbal, Digital Advisory New Practices & Solutions Leader, joins Alan Swan, Digital Advisory Managing Director, along with Audrey Magennis and Dan Gallagher from the Firm’s Information Assurance & Cybersecurity practice, to discuss Anti-Money Laundering Model (AML) Validation and Optimization best practices. Their conversation illuminates the importance of using a methodology, data capture and execution within the context of AML optimization and Validation. This episode provides an outline of the AML Validation components a financial institution should review to ensure the accuracy of the AML data and alerts and compliance with regulatory requirements. Listeners will learn about: The importance of establishing validation and optimization methodologies for Anti-Money Laundering Models How to create, document and execute an effective validation framework Current regulatory guidance and State level requirements for Anti-Money -Laundering Model validation Questions? Contact us: https://www.cbh.com/contact/connect-m... Learn more about our services: Risk & Accounting Advisory: https://www.cbh.com/services/advisory... Financial Services Regulatory Compliance: https://www.cbh.com/services/advisory... Cybersecurity: https://www.cbh.com/services/advisory... Financial Services Consulting: https://www.cbh.com/industries/financ... Follow us: Facebook:   / cherrybekaertcb   LinkedIn:   / cherrybekaert   Twitter:   / cherrybekaert   Instagram:   / cherrybekaert   #AntiMoneyLaundering #AMLValidation #Compliance