New - FinCEN AML/CFT Priorities Rule: What do I Need to Know Now? - 2024
Presented by
Brian Crow
This 2 hour webinar was recorded on September 18, 2024.
On July 3rd FinCEN published a notice of proposed rule making for the AML/CFT Priorities it previously published in June 2021. The proposed rule addresses requirements for many different industries, but one item is consistent across all industries subject to AML/CFT Requirements: We will need to consider the AML/CFT Priorities as part of our AML Risk Assessment.
In this session we will consider how existing risk factors that you already consider can assist you in evaluating these new risk factors. We will explore FinCEN advisories that provide valuable guidance relating to financial crimes the priorities target. Finally, we will discuss how best to incorporate the new risk factors into your existing framework.
While the rule is not finalized, now is the time to begin planning ahead so that your institution is prepared to implement the rule once FinCEN issues a mandatory compliance date.
Brian Crow
Watch Playback
Printable Slides
AMLCFT Article
AMLCFT Priorities Risk Assessment Example