Look Back: How the AML/CFT industry has changed in the last 15 years. A Roundtable Discussion

How has the world of anti-money laundering compliance (AML), financial crimes and economic sanctions evolved over the past decade and a half? In celebration of Integro Advisers’ 15-year anniversary, we bring you a special edition podcast recorded in-studio.

In this episode, we discuss with our distinguished panel of compliance experts the sweeping changes in AML compliance programs fostered by game-changing legislative and regulatory updates and the cutting-edge use of artificial intelligence and machine learning. Our expert panel delves into new risks and trends, compliance hurdles, and innovations shaping the financial industry today.

This episode takes a global perspective, examining the impact of U.S. compliance standards on international correspondent banking, the role of Money Service Businesses, the concepts of de-risking and re-risking in the region, and the challenges posed by the evolving global sanctions regimes, including the influence of Russian activities in Latin America.

We also discuss the fundamental requirements of a BSA/AML compliance program, commonly known as the five pillars, and how each has evolved since 2009, including, but not limited to, the shift to remote work environments since the COVID-19 pandemic and its implications for risk management and compliance in today’s financial institutions.

Join us for this special edition, packed with critical insights for both seasoned and new professionals navigating the ever-changing AML landscape.


Credits:
Hosted by:
Alberto de la Portilla
President & CEO
Integro Advisers
Guests:
Glenda Núñez
President at Financial Institution Advisory Group
Gonzalo Sánchez
Senior Adviser at Integro Advisers
Alba Préstamo
Independent Banking Consultant
Intro/Outro Theme Music: Noah de la Portilla
Produced By: Integro Advisers (www.integro-advisers.com)