Industry regulations and risk assessment
Banking professionals
This Handbook covers all the necessities of banking compliance while keeping the information concise and straightforward.
Topic covered include:
- The hurdles organizations are facing due to weak client data, leading to significant regulatory penalties and requirements to increase staff.
- Importance of comprehensive client profiles and having effective systems in place to capture new client information.
- Necessity of ensuring transaction activity is consistent with client suitability profiles and having processes in place to detect when it is not.
- The penalties and costs of failure to implement an effective compliance program.
