2024 has seen much activity from FinCEN by way of several proposed and finalized rules bringing new sectors under AML and KYC regulations, applying recordkeeping requirements for custodial accounts, codifying risk assessments, and laying the groundwork for the paradigm shift to “effectiveness.” Join us for this three-part series in which we’ll discuss these pivotal changes and the innovative technology solutions that can support the risk-based approach, drive enhancement, and deliver “effectiveness” for your institution.

Episode 1

FinCEN has been very busy this year, finalizing several rules that subject new sectors to AML regulations. Join us to discuss these pivotal changes.

Sections:

• FinCEN Final Rule: Increase Transparency in Residential Real Estate Transfers
• FinCEN Final Rule: Combat Illicit Finance and National Security Threats in for Residential Real Estate Transfers

Episode 2

FinCEN has been very busy this year with several proposed rules that would subject a new sector to customer identification requirements, codify risk assessments and lay the groundwork for AML program modernization and the paradigm shift to “effectiveness,” and subject custodial accounts to recordkeeping requirements. Join us to discuss these pivotal changes.

Sections:

• FinCEN Proposed Rule: Strengthening and Modernizing AML/CFT Programs
• FinCEN-SEC Proposed Rule: CIP Requirements for RIAs & ERAs
• FDIC Proposed Rule: Recordkeeping for Custodial Accounts

Episode 3

In our previous episodes we discussed pivotal AML regulatory changes in the U.S. Join us for our third episode in which we’ll discuss the cutting-edge technology to meet the demands of these coming regulations, support the risk-based approach, and deliver effectiveness in AML/CFT programs.

Sections:

• Generative AI for Investigations
• AI-Enabled Transaction Monitoring
• Entity Resolution & Networks
• Intelligent Customer Risk Assessments