Internal Control System in the Financial Sector: Risks, Enforcement Update and Key Takeaways

January 31, 2019 11:00am

  • What internal investigations have revealed about areas of risks and weak spots that weaken the effectiveness of banks’ internal controls systems
  • What can go wrong when onboarding clients or monitoring accounts and ongoing transactions?
  • How corporate vehicles, non-disclosed schemes or hidden structures can become illegal and risky
  • Solidifying the compliance architecture of financial institutions to meet regulatory requirements considering current and future risks
  • Cooperation among anti-money laundering and anti-corruption law enforcement agencies globally and how can they bring prosecution